While preventing fraud has always been a key challenge for businesses in any industry, the task has been made even more difficult by the prevalence of online sales and the increasing sophistication of fraudsters. As states...more
Synthetic identity fraud (SIF) is a recent phenomenon that scammers have used to circumvent the increasing awareness of traditional identity fraud. Instead of stealing a real person’s identity as with traditional identity...more
In the Federal Reserve’s July 11, 2019 White Paper, “Synthetic Identity Fraud in the U.S. Payment System, A Review of Causes and Contributing Factors,” the authors conclude that synthetic identity fraud is a serious and...more
Community Health System, one of the largest health systems in the United States, has agreed to pay $4,500,000 to settle claims made against it arising from a 2014 data breach. The data breach, believed to be caused by malware...more
I have previously written about the IPPIN program that the IRS offers many taxpayers as a way to prevent tax-related identity fraud. Unfortunately, the IRS has halted the application process for now. On its website,...more
I have spent some time over the past few weeks concentrating on steps individuals can take to protect their privacy and identity. But how do you protect your child’s identity?...more
Not only did the IRS lose a flash drive with 12,000 school worker’s Social Security numbers on it in Texas, it admitted on August 17th that its initial estimate that 110,000 taxpayers’ personal information was used to file...more
On June 1, 2015, a U.S. District Court in Nevada dismissed a consolidated class action against Zappos stemming from a data breach in January 2012. The court held that the plaintiffs lacked standing given their failure to...more
When a loved one passes away, a crucial step in minimizing the risk of identity left is to notify the proper entities, such as government and credit reporting agencies, banks, and creditors of your loved one's death....more