Remove Accountability Remove Authentication Remove Financial Services Remove Identity Theft
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Marriott Breach: More than 500 Million Guest Affected

Adam Levin

The information compromised includes (but assume is not limited to): name, mailing address, phone number, email address, passport number, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation date, and communication preferences. Monitor your accounts. Follow the three Ms: 1.

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Would You Have Fallen for This Phone Scam?

Krebs on Security

But you probably didn’t know that these fraudsters also can use caller ID spoofing to trick your bank into giving up information about recent transactions on your account — data that can then be abused to make their phone scams more believable and expose you to additional forms of identity theft.

Scams 359
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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

27 — Thanksgiving Day weekend — Jim got a series of rapid-fire emails from MSF saying they’ve received his loan application, that they’d approved it, and that the funds requested were now available at the bank account specified in his MSF profile. Then on Nov. Take a look at that 546.56 for that $1,000.

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Expect More Spam Calls and SIM-Card Scams: 400 Million Phone Numbers Exposed

Adam Levin

Once the number has been transferred, the criminal has control of any accounts that are identified by caller ID (including many financial institutions) as well as any accounts protected by two-factor authentication. It is believed this was the method used to recently hack Jack Dempsey’s Twitter account. .

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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Many financial institutions offer free transaction alerts that notify you when charges hit your account.

Scams 243
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Stronger customer authentication only way to mitigate risk of bank fraud

Dark Reading

The recent article, “$850 Million Scheme Exploited Facebook: Authentication, Secure Browsing Would Have Reduced Losses,” illustrates just how important customer authentication is. Within the next two to five years, we will see stronger authentication everywhere, because the banks are going to get sick of the losses.”.

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Billions of FBS Records Exposed in Online Trading Broker Data Leak

Security Affairs

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. A German User’s Account. An Australian User’s Account. Financial details such as. Identity Theft and Fraud.

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