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How Can Biometrics Prevent Identity Theft?

Identity IQ

How Can Biometrics Prevent Identity Theft? Identity theft continues to be a growing crime in America. According to Javelin Strategy, nearly 15 million Americans had their identities stolen in 2021. However, with technological advancements, preventing identity theft has become possible. IdentityIQ.

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Tax Identity Theft: A Comprehensive Guide

Identity IQ

Tax Identity Theft: A Comprehensive Guide IdentityIQ Tax season can sometimes be stressful even when things go according to plan, but what happens when you are the victim of tax identity theft? Here’s a comprehensive guide on tax identity theft, how it works, and what to do if you suspect it.

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Swiss expert Till Kottmann indicted for conspiracy, wire fraud, and aggravated identity theft

Security Affairs

Department of Justice announced that Swiss hacker Till Kottmann, 21, has been indicted for conspiracy, wire fraud, and aggravated identity theft. Once Verkada became aware of the hack, it has disabled all internal administrator accounts to prevent any unauthorised access. ” reads the press release published by DoJ.

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Confessions of an ID Theft Kingpin, Part I

Krebs on Security

At the height of his cybercriminal career, the hacker known as “ Hieupc ” was earning $125,000 a month running a bustling identity theft service that siphoned consumer dossiers from some of the world’s top data brokers. “Then I used the same vulnerability to hack other websites. Secret Service.

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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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Alexander Vinnik, the operator of BTC-e exchange, pleaded guilty to money laundering

Security Affairs

The virtual currency exchange received criminal proceeds from various illegal activities, including computer intrusions, ransomware attacks, identity theft, corruption, and drug distribution. Vinnik promoted unlawful activities carried out through BTC-e and was responsible for at least $121 million in losses.

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LCMHS hospital suffered a Ransomware attack at Louisiana hospital that impacted 270,000 patients

Security Affairs

The security breach took place on October 21, 2022, when the internal security team detected unusual activity on its computer network. The attackers had no access to electronic medical records. LCMH’s electronic medical record was not accessible to the unauthorized party.” Department of Health and Human Services (HHS).