2017

March 16, 2017
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Tax identity theft is an easy lucrative way for criminals to make money. Think about it: This fast-growing crime accounts for nearly half—45 percent—of identity theft crimes reported to the Federal Trade Commission.

Want to get to your tax refund before the bad guys? Follow these tips from CyberScout experts:

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March 16, 2017
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Tax season is underway, and that means your tax refund—and your identity—are in play for identity thieves out to make easy money.

Tax identity theft is a fast-growing crime, impacting more than 260,000 victims a year and costing the IRS more than $3 billion in fraudulent tax refunds, according to the...

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March 14, 2017
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Chances are your organization has made critical investments in technology to deliver convenience and cost savings to customers.

But for these investments to work, you need to make sure the new technologies also safeguard your customers’ identities and privacy.

In this webinar from Aberdeen Group and CyberScout, cyber security experts came together to disucss how changing user expectations...

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March 14, 2017
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The countdown is on. Financial institutions doing business in New York must comply with new cyber security rules from the state’s financial regulator by March 2018.

These revamped regulations—the first of their kind nationwide—will impose stringent cyber security requirements on banks, insurers and other institutions regulated by the state’s Department of Financial Services.

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March 1, 2017
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Brace yourself: Tax fraud isn't going away, and if you haven't already filed your return, you could be the next victim.

Tax identity theft happens when someone files a phony tax return using your personal information—like your Social Security number (SSN)—to get a tax refund from the IRS. It also can occur when someone uses your SSN to secure a job or claims your child as a dependent on a tax return. Tax identity theft is the most common form of identity...

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March 1, 2017
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Despite years of battling by the financial industry and a massive change in the way Americans use debit and credit cards, the rate of identity theft soared during 2016, a new report has found. In fact, it hit an all-time high.

An estimated 15.4 million consumers were hit with some kind of ID theft last year, according to Javelin Strategy & Research, up from 13.1 million the year before.

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March 1, 2017
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Small and midsize businesses are increasingly at risk for data breach class action lawsuits that typically have targeted large corporations.

Large companies are learning to address cyber threats. Hackers are responding by setting their sights on SMBs. It’s simply more productive and efficient to attack poorly protected companies that could take weeks or even months to notice they’ve been breached.

The changing litigation landscape

As the risk...

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March 1, 2017
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Despite awareness that hackers are relentlessly launching cyber attacks, most companies say they don’t have a clearly defined risk strategy or one that applies to the entire company, a new survey finds.

The survey, conducted by the Ponemon Institute and sponsored by RiskVision, polled 641 individuals involved in risk management activities within their organizations. More than half held executive and management positions.

“There is a big disparity between awareness and...

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March 1, 2017
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Spring temperatures and budding plants are starting to edge out the worst of the winter weather, so now is the time to spring clean … your mobile device.

The very first step is to remove apps you never use. Your phone may run slower due to these old downloads, and they may even be wasting your battery life. Don’t worry, depending on the brand of phone and where you downloaded the app, they’ll typically still be sitting there in case you decide to...

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March 1, 2017
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By now, most in the finance and insurance sectors have been introduced to the New York Department of Financial Services’ (NYDFS) imminent cybersecurity regulations. Rather than proffering a construct for another “voluntary” framework to accurately gauge cybersecurity risk, New York boldly sets forth a set of minimum standards by which to judge the...

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