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8 Common Identity Theft Scams

Identity IQ

Would you believe that incidents of identity fraud increased by more than 40% from 2019 to 2020? Identity Theft: The Stark Reality found financial loss related to identity theft rose by approximately 42% in 2020. Keep reading to learn how you can help protect yourself from becoming an identity theft victim.

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FTC Recognizes Identity Theft Awareness Week

Identity IQ

FTC Recognizes Identity Theft Awareness Week. The Federal Trade Commission is commemorating Identity Theft Awareness Week with a series of free events focused on raising awareness and educating consumers about the growing risk of identity theft. billion lost to fraud in 2019. IdentityIQ.

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What is Identity theft Insurance?

Identity IQ

Identity theft insurance is a type of insurance policy that can help victims recover from losses caused by identity theft. It may be offered as a standalone policy, or as a benefit with other types of insurance or identity protection plans. Not all identity theft insurance policies offer the same level of coverage.

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Two Charged in SIM Swapping, Vishing Scams

Krebs on Security

Two young men from the eastern United States have been hit with identity theft and conspiracy charges for allegedly stealing bitcoin and social media accounts by tricking employees at wireless phone companies into giving away credentials needed to remotely access and modify customer account information. resident Kyell A.

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You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 billion, or roughly half, of the total losses in 2019 were attributed to generic email account compromise (EAC) complaints. The back of the napkin math isn’t pretty.

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Tips to Avoid Holiday Job Scams

Identity IQ

Job scams have been a problem for years. Last year, the Better Business Bureau estimated 14 million victims with $2 billion in direct losses related to job scams. The 2020 BBB Employment Scams Report found job scams to be the riskiest of all the scams they tracked in 2018 and 2019.

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Here Are the Top 3 Online Scams and How to Avoid Them

Identity IQ

The FBI received a record number of reports last year totaling 791,790, a 69% growth from 2019. billion in 2019 to $4.2 Victims lost the most money to business email compromise scams, romance and confidence schemes and investment fraud. Notably, last year saw the emergence of scams exploiting the COVID-19 pandemic.

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