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Protecting Yourself from Identity Theft

Schneier on Security

Enable two-factor authentication for all important accounts whenever possible. Don't reuse passwords for anything important -- ­and get a password manager to remember them all. Watch your credit reports and your bank accounts for suspicious activity.

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Feds Charge Five Men in ‘Scattered Spider’ Roundup

Krebs on Security

The bot allowed the attackers to use the phished username, password and one-time code to log in as that employee at the real employer website. Evans, Elbadawy, Osiebo and Urban were all charged with one count of conspiracy to commit wire fraud, one count of conspiracy, and one count of aggravated identity theft.

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Improper use of password managers leaves people vulnerable to identity theft

Tech Republic Security

A password manager can be a useful and effective tool for creating, controlling and applying complex and secure passwords, but if you don’t use it the right way, you can open yourself up to account compromise and even identity theft.

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Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

Krebs on Security

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S. info and findget[.]me,

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The Wages of Password Re-Use: Your Money or Your Life

Krebs on Security

When normal computer users fall into the nasty habit of recycling passwords, the result is most often some type of financial loss. Our passwords can say a lot about us, and much of what they have to say is unflattering. Interestingly, one of the more common connections involves re-using or recycling passwords across multiple accounts.

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Alleged ‘Scattered Spider’ Member Extradited to U.S.

Krebs on Security

A 23-year-old Scottish man thought to be a member of the prolific Scattered Spider cybercrime group was extradited last week from Spain to the United States, where he is facing charges of wire fraud, conspiracy and identity theft. ” U.S. prosecutors allege that records obtained from Discord showed the same U.K. . ” U.S.

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Passwords in the age of AI: We need to find alternatives

Malwarebytes

For decades, passwords have been our default method for keeping online accounts safe. A team at Cybernews conducted a study of over 19 billion newly exposed passwords which showed were looking at a a widespread epidemic of weak password reuse. Does that make the password obsolete? But our opponents have.