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U.S. Secret Service: “Massive Fraud” Against State Unemployment Insurance Programs

Krebs on Security

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service. Treasury hundreds of millions of dollars in revenue each year.

Insurance 363
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What is Identity theft Insurance?

Identity IQ

Identity theft insurance is a type of insurance policy that can help victims recover from losses caused by identity theft. It may be offered as a standalone policy, or as a benefit with other types of insurance or identity protection plans. How Identity Theft Creates Loss.

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First American Financial Corp. Leaked Hundreds of Millions of Title Insurance Records

Krebs on Security

The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. based First American is a leading provider of title insurance and settlement services to the real estate and mortgage industries. According to the FBI, BEC scams are the most costly form of cybercrime today. Image: Linkedin.

Insurance 279
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FTC Recognizes Identity Theft Awareness Week

Identity IQ

FTC Recognizes Identity Theft Awareness Week. The Federal Trade Commission is commemorating Identity Theft Awareness Week with a series of free events focused on raising awareness and educating consumers about the growing risk of identity theft. So what is identity theft and, how can you protect yourself?

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Unemployment Insurance Fraud and Identity Theft: Up Close and Personal

Lenny Zeltser

” How do such scams look from the victim’s perspective, and what can you do if you’re affected? How the Scam Works. The most likely way in which you’ll learn that you’ve fallen victim to the identity theft-based unemployment insurance scam is by receiving an unsolicited debit card in the mail.

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8 Common Identity Theft Scams

Identity IQ

Would you believe that incidents of identity fraud increased by more than 40% from 2019 to 2020? Identity Theft: The Stark Reality found financial loss related to identity theft rose by approximately 42% in 2020. Keep reading to learn how you can help protect yourself from becoming an identity theft victim.

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How Identity Theft Damages More Than Just Your Credit Scores

Identity IQ

How Identity Theft Damages More Than Just Your Credit Scores. For this reason, it’s very important to protect your identity and credit score. For this reason, it’s very important to protect your identity and credit score. But identity theft can negatively affect a lot more than just your credit score.