Prosecutors recommended that twin brothers Muneeb and Sohaib Akhter serve a six-year and a two-year sentence, respectively, after pleading guilty to hacking-related charges. But one of the men received a much lighter sentence.
The FTC says LifeLock has violated a 2010 settlement by continuing to make deceptive claims about its identity theft protection services. After the FTC made the announcement on July 21, Lifelock's stock value plummeted.
The Department of Justice has announced the indictments of two individuals in separate fraud cases affecting the University of Pittsburgh Medical Center. The cases spotlight the challenges healthcare organizations face in the fight against fraud.
A massive breach at the U.S. Office of Personnel Management wasn't discovered by government sleuths - or the Einstein DHS intrusion detection system - but rather during a product demo, a new report says.
How do Organized Fraud Rings (OFR's) monetize the personal information made widely available from the growing number of data breaches? How can we detect and disrupt this activity?
From these breaches, fraudsters obtain just enough personal information to access user accounts or attempt to pull free credit reports...
Nine individuals have pleaded guilty to charges stemming from their roles in an identity fraud scheme. Among the defendants is a former military hospital worker who stole soldiers' personal information to file false federal tax returns, prosecutors say.
As data breaches continue to multiply, employers must not overlook how intrusions could lead to the theft of employees' identities, paving the way for fraud, says ID theft expert Johnny May. He will keynote the March 24 Fraud Summit Atlanta.
ID fraud reported by U.S. consumers dropped 3 percent in 2014 - the first decline since 2010, according to Javelin. But analyst Al Pascual says the decrease should have been much greater.
Over the last 12 months, hackers have enhanced the marketing of high-value stolen data, according to Dell SecureWorks' David Shear, who explains how the underground economy works.
Our identities are clearly becoming more and more of a critical asset every day, providing us access to and authority within every aspect of our personal, financial and professional lives. Because of this, their value is increasing exponentially, thus making their theft far more lucrative. In this opening session...
As various batches of stolen credit card "dumps" are offered for sale with discount structures and money-back guarantees, it is clear just how sophisticated the Fraud Ecosystem has become. The fraudsters and their support teams have created well-organized forums offering a broad variety of products that constitute a...
See how LifeLock's threat detection, proactive identity alerts and comprehensive remediation services help provide peace of mind for consumers and enterprises amid the growing threat of identity theft. This technology presentation will demonstrate how leveraging unique data, science and patented technology from their...
In our increasingly mobile society, organizations, their employees, partners and customers are at greater than ever risk of identity theft and fraud. How prepared are organizations to mitigate these risks? It's not enough to have a breach response strategy. Do you have the right players and pieces in place to execute...
Until we get to a stage where we can guarantee the confidentiality of traditional identity reference data such as names, addresses, emails and favorite cat colors, we must move away from relying on this static data for authentication. Truly massive amounts of this information are stolen on a regular basis, proving we...
As part of their breach response strategies, organizations need to establish clear guidelines in advance so they know when it's appropriate to offer victims free credit monitoring or ID theft protection services.
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