Remove 2017 Remove Consumer Protection Remove Identity Theft Remove Passwords
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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

Although he didn’t technically have an account with MSF, their authentication system is based on email addresses, so Jim requested that a password reset link be sent to his email address. That worked, and once inside the account Jim could see more about the loan details: The terms of the unauthorized loan in Jim’s name from MSF.