The Internet has increased the risk of financial fraud for young and old consumers, but thieves still work by phone and mail. Monitor credit data and make sure loved ones know how to keep their financial data safe.
As you can imagine, this is a complex problem. On one hand you have the issue that the kids were clearly victims of identity theft. On the other hand it appears they received the benefit from the loans.
The most common kind of identity theft is fraud involving government benefits or documents, such as Social Security cards, passports and driver's licenses. Other types of fraud involve credit cards, phone or utility accounts, banks and employment.
When it comes to data security and the real-life impact of identity theft, public awareness is at an all-time high. But there is still great confusion and ignorance about what it is, how it happens, and what can be done to avoid the pitfalls of life after a data breach or personal compromise.
By now, most people are aware of the importance of creating strong, unique passwords for all of their online accounts. If you aren't already practicing smart password habits, you certainly should.
We all need to take responsibility for the attackable surface, or vulnerability, of our personal information and our areas of exposure.
I realize how vulnerable we are nowadays, since we're supported by data and electronic gates and barriers. My USB key contained non encrypted backup of my computer's hard disk. I am exposed totally, these thieves, if they bother to look, can know everything about me.
Summer is drawing to a close, which means children across the country will be lacing up new sneakers and sitting down in new desks for the start of another school year. Parents have enough to worry about when sending their young ones out into the world without them, but how much does the average parent know about protecting their child's identity?
As another school year commences, here are some rules to follow that can help students avoid any digital nightmares related to their laptops, tablets and cell phones
In the absence of instant security gratification at a time when breaches have become the third certainty in life and consumers are the product -- how do we better protect ourselves?
If you use Facebook, you're making easy work for identity thieves. The same goes for the whole cosmos of social media whether you favor Twitter, Instagram, Reddit, Pinterest, YouTube, LinkedIn, or prefer to Tumblr your thoughts, preferences and predilections to anyone who cares to know what they are.
Last weekend, TheUpshot published the most dangerous identity theft threat: the non-expert's tendency to underestimate the magnitude of problem.
It had been a long week and I was exhausted after leading my team through a conference in Phoenix, AZ. My phone buzzed with notification that I had a new facebook message -- this one from my public facing Facebook profile.
Welcome to the growing club of credit card theft victims. You are not alone. Relax. Breathe. There are some things you can do to minimize the loss.
Although most anyone can be a target of fraud and identity theft, senior identity theft is on the rise and those ages 50+ are often in the cross-hairs of scammers. The U.S. government is taking steps to help circumvent the high level of fraud aimed at seniors, but it can only do so much -- and progress in this area has been fairly slow.
Scammers are creative when it comes to devising schemes to try and steal your identity and money, and the BBB and the AARP have been warning consumers about such a scam lately regarding fake customer service surveys.