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Business ID Theft Soars Amid COVID Closures

Krebs on Security

This story is about the victims of a particularly aggressive business ID theft ring that’s spent years targeting small businesses across the country and is now pivoting toward using that access for pandemic assistance loans and unemployment benefits. For 2020, the company estimates an overall 258 percent spike in the crime.

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FTC Warns US Citizens of ‘Instant Cash Payments’ Scammers Impersonating the Agency

Hot for Security

The US Federal Trade Commission (FTC) has released information on scammers impersonating the agency, warning the public that the criminals operate a spoofed website to trick consumers into disclosing financial information, with a tantalizing promise of instant cash.

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Explained: Privacy washing

Malwarebytes

In a recent blog, privacy company Proton explained how Google is spending millions lobbying and actively fighting against privacy laws that would protect you from online surveillance. We don’t just report on threats – we help safeguard your entire digital identity Cybersecurity risks should never spread beyond a headline.

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Common Holiday Scams and How to Avoid Them

Identity IQ

Here are seven essential guidelines to help protect yourself from the deceptive tactics of scammers: Utilize IdentityIQ identity theft protection services: IdentityIQ provides comprehensive identity theft protection services to cover you and your family that can help safeguard your personal information from scammers.

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Me on the Equifax Breach

Schneier on Security

Hearing on "Securing Consumers' Credit Data in the Age of Digital Commerce". Subcommittee on Digital Commerce and Consumer Protection. My popular newsletter Crypto - Gram and my blog Schneier on Security are read by over 250,000 people. Fellow, Berkman Center for Internet and Society at Harvard Law School. Before the.

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Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

MSF had Jim fill out an affidavit claiming the loan was the result of identity theft, which necessitated filing a report with the local police and a number of other steps. “The reason is clear: Genuine tribal businesses are entitled to ‘tribal immunity,’ meaning they can’t be sued,” Bailey wrote in a blog post.

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It’s a Holiday Security Breach Blowout

SiteLock

For end users and consumers, protection against data breaches is difficult as we all now trust others to be good stewards of our personal details. Unfortunately such monitoring only notifies you after a change in your credit file occurs, meaning a possible instance of identity theft may have already occurred.