Given all of the big-name data breaches that have occurred during the past few years, there’s a good chance your personal or payment information has been compromised. There’s also a chance you’ve been offered some type of identity protection, usually in the form of free credit monitoring, by the company that suffered the breach. But how much (and what type of) protection are they legally required to provide? Well, chances are, the answer is zero. The […]
The holiday season is a busy time of the year for identity theft and other kinds of identity-related fraud. Scams abound, but if you follow a few simple rules, you can sidestep some avoidable holiday blues. There is so much personally identifiable information floating around — readily available on the dark web where information black markets thrive — that it truly is a wonder more people are not becoming victims. That said, Javelin Strategy and […]
Two years ago, hackers planted malware in Target’s point-of-sale system and stole 40 million credit card and debit card numbers, in addition to 70 million names, addresses, email addresses and phone numbers of Target shoppers. Worse data breaches have occurred since then, but because the Target breach happened during the Black Friday weekend and early December, it will long be associated with the security risks of holiday shopping. Those risks are present when you shop in […]
Adam Levin discussed some tips to help consumers minimize their risk of fraud and identity theft this holiday season on Fox & Friends, as well as his new book Swiped: How to Protect Yourself in a World Full of Scammers, Phishers, and Identity Thieves. To find out more about Swiped, click here.
Adam Levin talked about his book Swiped: How to Protect Yourself in a World Full of Scammers, Phishers, and Identity Thieves, in which he reports on the personal data collected by corporations and the subsequent increase in identity thief. See the interview here.
Somewhere between 10 million and 16 million Americans get “got” by fraudsters working the seams of identity-related crime every year. The methods are many and various. There are, of course, the familiar scams and frauds, but one harder to detect area of exploitation is child identity theft. So why are children a target for identity thieves? It’s called “runway.” A child’s Social Security number is pristine. There is no reason for a minor to use […]
Identity theft. Financial fraud. Catchphrases that evoke fear of economic ruin at the hands of scheming pitchmen, cunning hackers, organized crime, grandchildren … Say what? The financial exploitation of seniors by those closest to them is on the rise. According to the National Center on Elder Abuse, 90% of the perpetrators are family members or those who are well-known to the victims (e.g., neighbors, friends and caregivers). Malefactions include unauthorized access to checking, savings and […]
People either perhaps feel like payment security has improved or just don’t care about having their data stolen, because the share of Americans who said they frequently worry about credit card data theft has gone down since last year. In an annual survey about crime, Gallup asked U.S. adults about whether they’ve encountered or if they worry about a variety of crimes, and credit card theft was again the most common one people experienced. Gallup […]
Given how often data breaches happen, it’s likely your personal information will be exposed, sold or abused, if it hasn’t yet been already. Identity theft takes many forms and can be difficult to prevent, but a new report suggests consumers should freeze their credit files as the “best protection against someone opening new credit accounts in your name.” What are the pros and cons to that strategy? How a Credit Freeze Could Help Here’s how […]
Roughly one in six American job seekers have fallen for a scam when searching for work online, but victims are much more likely to be among the youngest Americans in the U.S. workforce, according to a recent survey. Considering that young people are generally seen to be more Internet-savvy than older people, it’s interesting that they’re more susceptible to scams, but millennials have a certain quality that might make them more likely to take the bait: […]