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How Are Elderly Americans Vulnerable to Identity Theft?

Identity IQ

How Are Elderly Americans Vulnerable to Identity Theft? Elderly Americans are facing a drastic increase in cybercrime, identity theft and financial abuse. billion in cybercrime losses to the FBI’s Internet Crime Complaint Center (IC3) – a 74% increase from the previous year. Scams that Target Seniors.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. “Brickings” are among the “violence-as-a-service” offerings broadly available on many cybercrime channels. 9, 2024, U.S.

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State of Malware 2024: What consumers need to know

Malwarebytes

Released today, the Malwarebytes State of Malware 2024 report takes a deep dive into the latest developments in the world of cybercrime. Sadly, there’s not a lot you can do to prevent incidents like these yourself, other than stay on top of the news and protect yourself against identity theft.

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How to Talk to Your Grandparents About Cybersecurity

McAfee

According to research from the FBI and FTC, cybercrimes against older adults cost more than $650 million in losses each year. With Grandparent’s Day right around the corner, here’s a guide on how you can help keep your grandparents safe from the most common cybercrimes on the internet. Talk About the Latest Online Scams .

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Account Takeover: What is it and How to Prevent It?

Identity IQ

Account takeover, also known as ATO, is a form of identity theft in which a malicious third party gains access to or “takes over” an online account. A compromised business account, especially at a management or executive level, opens up a range of fraud opportunities for criminals. What is Account Takeover?

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Malwarebytes research shows an unequal, unsafe Internet

Malwarebytes

In comparison, those who felt safer and sometimes more private online had higher incomes, higher levels of education, and higher familiarity with cybersecurity tools, such as antivirus products, VPNs, and password managers. And BIPOC consumers were the least likely of all groups to avoid any financial damage due to a cybercrime attack.

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