November 7th, 2009 admin
Are you thinking of subscribing to an Identity Theft Protection company? Given the growing crime rate of identity theft, it is definitely wise to take this particular action in protecting yourself from identity theft. Here?s what you should know before subscribing to an Identity Theft Protection company.
An Identity Theft Protection company usually offers the following services:
1. Tracking of credit report, police report and medical... Read Full Story
November 2nd, 2009 admin
Identity theft is the fastest growing crime in America today. More than 9.9 million Americans were the victim of many types of identity theft scams in 2004, which ended up costing them almost $5 billion. Most identity theft victims suffered sever financial damage and even financial ruin because they thought identity theft would not happen to them. No matter what your current financial state is like, where you live, or what your spending habits are... Read Full Story
The U.S. House of Representatives this week unanimously passed legislation that would exempt certain small organizations from complying with the Red Flags Rules.The rules, developed in accordance with the Fair and Accurate Credit Transactions Act of 2003 (FACTA), require financial institutions and other organizations classified as “creditors” to develop programs to identify, detect and respond to indications of identity theft. A bill passed this week would amend FACTA and exclude health care... Read Full Story
By Doug Pollack , Chief Marketing Officer for ID Experts
Because data breaches have become such commonplace incidents, there is concern that people have become desensitized to the potential harm they face upon receiving a notification letter from an organization informing them that sensitive information has been lost or misappropriated.
A recently published report from Javelin Strategies should be a wake up call to those people.
The Javelin report, Data Breach Notifications: Victims... Read Full Story
Identity theft prevention provider LifeLock has agreed to not place any fraud alerts on customer credit files, under a settlement with credit bureau Experian.The settlement, announced Thursday, rose from a 2008 lawsuit in which Experian contended that LifeLock violated the Fair Credit Reporting Act when it placed fraud alerts on behalf of consumers, according to an Experian statement. The company had alleged that it was "harmed" by LifeLock being able to set fraud alerts.The alerts, which... Read Full Story
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Posted on | October 20, 2009
Hey, remember those Red Flag Rules ?
Okay, maybe not, so let me back up the cart.
After numerous delays, the Federal Trade Commission (FTC) appears ready to start enforcing compliance with its Red Flag rules. Those rules are designed to get businesses to help in the fight against identity theft, by requiring them to have a written Identity Theft Prevention Plan that identifies ‘red flags’ that may signal a problem (hence the nickname “Red Flag Rules”) and... Read Full Story
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The FBI is arresting dozens of people in the United States and overseas to crack an identity theft ring that victimized thousands of people. Laura Eimiller, an FBI spokeswoman in Los Angeles, says agents are making arrests Wednesday morning in Southern California, Nevada, North Carolina and overseas. She says about 100 arrests are expected, many in the Los Angeles area. Eimiller says an indictment accuses the suspects of running a "phishing" scheme. They allegedly used computer intrusion and... Read Full Story
Surfing the internet safely, while protecting your identity, means knowing what you should avoid online. There are all sorts of pitfalls online. Traps just waiting to be sprung on an unsuspecting web surfer, or worse an unprotected web surfer. There’s no limit on the ways that identity thieves will try to hurt you, so in terms of protecting yourself, the more knowledge the better.
I’ve written about the risks of spyware before, but it’s something that you absolutely need to be concerned... Read Full Story
