Identity Theft

April 11, 2018
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By Denise Szott

Brokers, now more than ever, need a proactive strategy to help employer clients meet a growing demand for enhanced employee benefits.

To do so, brokers must be ready to leverage their resources. An expanded employee benefits voluntary products portfolio, which may include identity theft protection, financial counseling or casualty coverage, among others, will help them meet their clients’ demands and desire to boost worker...

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April 5, 2018
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You can spot a Nigerian email scam without opening it. You know what you’re doing when it comes to keeping ID thieves from conning you. And if someone tried to get the kind of personal information needed to open credit in your name, well, it just wouldn’t happen.

Except it would.

Credit gets stolen using personal information all the time. In the wake of the Equifax breach it’s happening even more than usual.

The Identity Theft Resource Center tracks data breaches every...

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March 20, 2018
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Cyberscout Chairman and Founder Adam Levin appeared on the PBS program “White House Chronicle” in a wide-ranging interview touching on everything from his work as Director of Consumer Affairs for the State of Jersey and co-founder of Credit.com to his present work helping consumers... Read More
March 12, 2018
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For many people, knowing a tax refund is on the way can be a big relief, an exciting treat, or both. And the sooner the refund arrives the better.

For victims of tax identity theft, however, the wait can drag on for almost a year. Not to mention they may have to deal with a lot of red tape to get what’s rightfully theirs. That’s why it’s critical to understand:

How tax-related identity theft works How to reduce chances of becoming a victim What to do, if you do become a victim

...

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March 2, 2018
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This is an era of record-setting numbers of data breaches and hundreds of millions of complete identities being compromised in a single event, leading to increased reports of identity theft and fraud. But with all of that information floating around for thieves and scammers to use, you might be surprised to find out the most commonly reported fraud complaint for 2017.

Merchandise scams topped the list of complaints reported to Fraud.org...

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February 28, 2018
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The more widespread data breaches become, and the more alarming headlines about these attacks become, the more employees will demand protection plans to be added to their menu of choices for benefits.

Only 35 percent of employers offered identity theft protection as a benefit in 2015, but that proportion was expected to leap to 70 percent this year, according to a study...

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February 26, 2018
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More than 145 million Americans were compromised by the Equifax breach, their most sensitive information no longer a secret—including Social Security numbers. The epic breach included all the data that a criminal might need (and more) to commit a smorgasbord of identity-related crimes.

The response? Equifax offered a free one-year subscription to their identity protection services program as well as a credit freeze service free-of-charge. The deadline to sign up for that was recently...

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February 13, 2018
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A new breed of phishing scam is hitting employers around the world-and it's targeting employees' paychecks.

Here's how a payroll phishing scam works:

Scammers create an authentic-looking email that appears to be sent from the employer. The employee receives an email requesting she click on a link, answer a few questions, or visit a website, where she will be directed to confirm her identity by providing their log-in... Read More
February 12, 2018
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Not to name names (cough, cough, Equifax), but it seems a particular data breach involving the sensitive information of 145.5 million people may have something to do with the spike in identity-related crimes reported in Javelin Strategy and Research’s 2018 Identity Fraud Study.

As if 2016’s record didn’t serve as warning enough, along comes 2017 with 1.3 million more people—...

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February 7, 2018
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The Winter Olympics are coming up, and athletes from all over the globe are focusing on breaking records and winning gold. While the rest of the world watches the competitive glory unfold, there's another record-breaking event wrapping up, but this one is far from a winner.

The Identity Theft Resource Center and CyberScout analyzed last year's data in their 2017 Annual...

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