Identity theft and credit card fraud are on the rise. Advisory firm Javelin Strategy & Research reported a 16 percent increase in the “identity fraud incidence rate” in 2016, the highest since the firm started tracking in 2003. The result? A massive $16 billion of losses during a single year.... Read More
It was just one year ago that we changed our company name to reaffirm our mission to watch over clients in a dangerous world of pervasive cyber threats.
Now, we're excited to be recognized for efforts.
The latest issue of NAMIC's [IN]surance magazine is dedicated to the importance of branding and upholding brand...Read More
The short answer to the above question is that in a perfect world, yes, you should not just have a PIN code (most tax returns require one)—you should be issued a new one every year.
The IRS estimated that it paid $239 million in “suspect” tax refunds in 2016. The good news: During the first nine months of 2016, the agency was able to stop 787,000 fraudulent returns totaling more than $4 billion. The bad news: the IRS has to...Read More
The surge in breaches has employees demanding identity theft protection-and that presents an opportunity.
As companies continue to endure massive data breaches from hackers, employees are getting wise to the fact that the next Social Security number stolen and sold to the highest bidder could belong to them.
Responding to concerns from their own workforce, more businesses are offering identity theft protection services as a voluntary employee benefit. This trend represents an...Read More
Dave Eargle doesn’t have to imagine what it would be like to get an extortion letter in the mail, because he got one. “I know you cheated on your wife,” the correspondent wrote. “More importantly, I have evidence of the infidelity.”
The scam artist behind the letter claimed to have discovered the alleged cheating accidentally, “while working a job.” Then he (or she) admits to putting in more time than s/he “probably should have...Read More
Let’s face it, even without the threat of fraud and scams, Valentine’s Day can be treacherous. Choose the wrong gift or a bouquet of least-favorite flowers, write the wrong note, and whatever was slightly wrong in your love life can go completely haywire.
St. Valentine wore an amethyst ring while he cut hearts (from paper) to send to good soldiers and persecuted Christians. Today, amethyst is the birthstone for the month of...Read More
Right or wrong, Equifax was portrayed as the bad guy after its September 2017 announcement that it had been the victim of an unprecedented hack, in which thieves stole the personal data of 145.5 million consumers.
The Atlanta-based credit-reporting agency received plenty of blame, even more than the hackers who committed the theft. New York Times tech columnist ...Read More
Whether you plan to travel now or in a year, you should take steps to protect yourself from identity theft and credit card fraud while you’re on vacation. Tourists are often victims of theft, including passport and credit card theft—both of which can compromise personal information. Thieves can gain data by physically taking belongings the old-fashioned way or by hacking into your phone or...Read More
The 2017 filing season could be the worst yet for tax-related crime. With widespread confusion about the new tax law, IRS budget cuts, and a record-breaking year for data compromises, there’s an opening for fraud that should be serious cause for alarm, but doesn’t seem to be.
The bottom line: You should be concerned.
Last tax year, ...Read More
While there are a thousand resolution-worthy action items out there, the time is always now for the things that need to change in our lives. Never were truer words spoken when it comes to our potential vulnerability to hackers.
The number of breaches and the granular nature of the data exposed in those attacks over the past year are both unprecedented. The Equifax breach alone included...Read More