Wednesday, November 11th, 2009
On Tuesday a U.S. grand jury indicted eight individuals for using sophisticated hacking techniques to defeat encryption safeguards used by RBS WorldPay, a subsidiary of the Royal Bank of Scotland. The hackers were able to transfer $9.4 million dollars to co-conspirators around the world. The hackers focused on payroll debit cards ...
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Wednesday, November 11th, 2009
LexisNexis and Javelin Strategy and Research revealed that U.S. Retailers are losing around $191 billion every year as a result of identity fraud. One in five merchants experienced an increase in unauthorized transactions associated with identity fraud. Their recent report examined how U.S. retail fraud affects merchants, financial institutions ...
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Tuesday, November 10th, 2009
Identity theft is a crime that is often difficult to detect and even more difficult to recover from. For several years, identity theft remained the fastest growing crime in America. Only recently has its growth slowed slightly, but it’s still estimated that millions of people are identity theft victims every ...
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Monday, November 9th, 2009
Robert Siciliano Identity Theft Expert Years ago (like 20) a friend was graduating from college and moving away and a bunch of friends were throwing a party for this person. Collectively they asked me if I’d write a small speech as a version of “This is your life”. Stymied ...
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Monday, November 9th, 2009
It's always important to prevent identity theft, but never so much as during the holiday season. As you begin your Christmas shopping, of course you use your credit cards a lot more than usual. Not only that, but something about the holidays seems to make people just a little ...
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Sunday, November 8th, 2009
In recent years, it has come to attention of authorities about an underground market involving stolen or marketed SSN cards and illegal immigrants, especially those from Mexico. This underground market is barely a blip on the American authorities’ radar and it’s occurring from one coast ...
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