Identity theft is the most common complaint lodged with the Federal Trade Commission, to the tune of 11.7 million a year. That means roughly one-in-five Americans over the age of 16 have become victims of identity theft. 14 percent of those victims experienced a monetary loss of $1 or more. Half of all victims resolved the issue within a day, but nearly one-third (29 percent) had to spend a month or more getting their life back on track. While identity theft gets a lot of the press, there are other forms of fraud out there, both on the Internet and off. The good news is that there are a my...
Our daily and digital lives overlap each other. Since our personal safety takes precedence over everything, it’s safe to say that our digital security is a close second.
The price of digital safety
It’s hard to put a price tag on digital safety. Take malware for example. These sneaky little codes find their way into your devices and transmit your personal information to computers far away that are operated by fraudsters. The end result could translate into anything from cybercriminals draining your bank account to holding all your information hostage by freezing your device and asking ...
Did you know that 429 million identities were exposed in 2015? Findings from the 2016 Symantec Internet Security Threat Report show that this number actually hides a bigger story. While there was a record number of 9 mega breaches in this year, companies are not required to disclose the full extent of a data breach. The total number of people affected by a data breach and whose identity is compromised as a result could be much greater. A conservative estimate by Symantec accounting for unreported breaches pushes the number of records lost in a data breach to more than a half billion, in ...
Early on a Wednesday evening, I received a call from my doctor. Her voice, frantic on the line, proclaims, “I’m so happy to hear your voice- the strangest thing happened today. You were marked in our system as deceased for about 20 minutes.” I paused for a moment out of shock, and assured her I was very much alive and well. She went on to explain how she’d never seen anything like it before. As the initial shock wore off, we started to have a bit of a laugh on how bizarre this was.
The IRS has announced that it will be notifying taxpayers after third parties gained unauthorized access to information on about 100,000 accounts through the “Get Transcript” online application. You can view more about the breach via a statement on the IRS’s website.
More About Identity Theft:
According to the Federal Trade Commission’s 2014 Consumer Sentinel Network Data Book, identity theft once again tops consumer complaint categories in 2014. Identity theft can be committed in many ways: from non-technical methods such as stealing purses or “dumpster diving” for documents that have ...
Stories of massive corporate data breaches in the media are becoming all too common today. So common that the FBI now considers cyber attacks on US companies one of its top law enforcement priorities. Unfortunately, as technology progresses and all of our information becomes more and more digitized, cyber attacks will continue to be an unfortunate part of our lives in the future. Corporations and even smaller businesses are an extremely attractive target to cybercriminals, simply due to the large payday of data that can be stolen.
What Can Cybercriminals Do With My Stolen Data?