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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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Explained: Privacy washing

Malwarebytes

The European Union (EU) is a pioneer when it comes to privacy laws, so it’s easy to see why Big Tech has spent so much money (about $30 million in 2021 ) lobbying European lawmakers to protect their data gathering practices. Protect your and your family’s personal information by using Malwarebytes Identity Theft Protection.

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Can “Buy Now, Pay Later” Apps Be Trusted with My Personal Data?

Identity IQ

Recent regulatory insight into buy now, pay later highlights the risks tied to this growing credit option. The Consumer Financial Protection Bureau recently asked several buy now, pay later, or BNPL, providers for information related to some concerns it has about short-term installment plans.

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Common Holiday Scams and How to Avoid Them

Identity IQ

Many retailers offer secure delivery options, such as in-store pickup or lockers, which help reduce the risk of porch piracy. How to Help Avoid Holiday Scams As the holiday season approaches, so does the increased risk of falling victim to scams. Consider utilizing these options, especially for valuable or time-sensitive packages.

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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. The Equifax breach was a serious security breach that puts millions of Americans at risk. And in 2014, the company reported yet another security breach of consumer information.

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US State Privacy Update: Colorado AG Identifies CPA Rulemaking Topics and Releases Data Security Best Practices Guidance

Privacy and Cybersecurity Law

The Colorado AG’s data protection guidance makes clear that reasonable security is an affirmative obligation under the CPA and an item that is increasingly the focus of the Colorado AG. Key Takeaways.

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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. A good strategy to reduce the risk of a breach three-fold. First, limit and control the information you share as best as possible.