Just how bad is the tax ID theft problem? About half of all filers seeking refunds in the state of Ohio now must answer a series of challenge questions just to prove they are who they say they are. Ohio has already intercepted nearly 60,000 returns seeking an astonishing $250 million….
When you buy a new car, you expect it to come with 3-5 doors that all lock securely. Each time before you walk away from your vehicle, you will lock those doors, and, the sensible among you will actually pull at the handles to check that they have all locked properly. Some of you may even feel that having a car that locks securely isn’t enough on its own – after all, glass smashes pretty easily, doesn’t it? – and so you purchase some extra security systems. Additional locking mechanisms, for instance, perhaps a car alarm, or maybe the hired services of Vinnie Jones to stand guard over your automobile with a baseball bat and shoot ‘hard looks’ at anyone who seems to be eyeing up your motor.
So why do so many of us not take the same amount of precaution when it comes to our computers, mobile devices and networks?
Just how bad is the tax ID theft problem? About half of all filers seeking refunds in Ohio now must answer a series of challenge questions just to prove they are who they say they are. Ohio has already intercepted nearly 60,000 returns seeking an astonishing $250 million, so its tax department felt the need to do “something.” The problem is that something might not help.
“These questions are hard for legit users to answer and easy for some criminals who have stolen personal data….”
As the world grows evermore interconnected and dependent on technology, the risks of identity theft and diversion of personal (and company) assets increases as well. And, it seems that there is always an uptake in these nefarious activities around the holiday season and around tax time.
That’s right: tax time. Tax-related identity theft is a huge problem. In fact, the IRS acknowledged that it paid roughly $5.2 billion in ID-theft-related refunds on 2013 returns….
A hacking ring has stolen up to $1 billion from banks around the world in what would be one of the biggest banking breaches known, the Russian security company Kaspersky Lab says in a report scheduled to be delivered Monday.
Most of the targets have been in Russia, the U.S., Germany, China and Ukraine, although the attackers may be expanding throughout Asia, the Middle East, Africa and Europe, Kaspersky says. Kaspersky didn’t identify the banks and is still working with law enforcement agencies to investigate the attacks, which the company says are ongoing….
Believe it or not, by using a Samsung TV customers are susceptible to data collection transmitted to third parties. In fact, Samsung even warns customers to not discuss sensitive data in front of their TV, because it’s listening….
Within the first hour of submission, AV products missed nearly 70 percent of malware. Further, when rescanned to identify malware signatures, only 66 percent were identified after 24 hours, and after seven days the total was 72 percent. It took more than six months for AV products to create signatures for 100 percent of new malicious files….
In what may be one of the biggest bank heists to date, hackers have apparently siphoned hundreds of millions of dollars from over 100 banks in 30 nations. And according to the upcoming Kaspersky Lab report, this could be “the most sophisticated attack the world has seen to date….
The Moscow Times continues to be attacked, following critiques of their coverage of Vladimir Putin. Cause is unknown, but editor Nabi Abdullaev said it was not a DDoS (distributed denial of service) as they’ve seen in the past.
Speaking with the Guardian, Abdullaev said he had no idea about the reasons for the attack. However, it may connect to the recent sentiment toward their coverage. Recently The Moscow Times has come under fire from people who consider it to be anti-Kremlin….
The cyberattack on Anthem, one of the nation’s largest health insurers, points to the vulnerability of health care companies, which security specialists say are behind other industries in protecting sensitive personal information….