How You Can Fight Against the Rising Tide of Medical Identity Theft

While identity theft can take many forms, medical identity theft is not only a complex crime, but devastating for victims. A new report revealed the number of medical identity theft victims surged almost 22 percent in 2014, with more than 2 million victims total, according to the Medical Identity Fraud Alliance. The Fifth Annual Study on Medical Identity Theft found an upward trend of patients affected by medical identity theft that will likely continue into 2015 as hackers target the health care sector….

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Worst possible outcome for consumers: Over 140,000,000 Americans’ health information disclosed in data breaches

Almost half of Americans’ sensitive health information have been disclosed in data breaches increasing their risk of medical identity theft and medical fraud.

Medical identity theft is the worst possible outcome for consumers affected by a breach….

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Crypto-Ransomware Attacks: The New Form of Kidnapping

The evolution of crime continues to push itself into the cyber world. Physical criminal operations are now learning to walk again as our generation continues to get its feet wet in the digital age. The low risk, high reward incentive involved with cybercrime opens the flood gates for criminal pioneers to evolve….

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Gone in Less Than a Second

Do not let Samy Kamkar near your car. Kamkar has built a new device that is about the size of a wallet and can intercept the codes used to unlock most cars and many garage doors.

The device can be hidden underneath a vehicle and when the owner approaches and hits the unlock button on her key or remote, the device grabs the unique code sent by the remote and stores it for later use.

Known as Rolljam, the device takes advantage of an issue with the way that vehicles that use rolling codes for unlocking produce and receive those codes.

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More than a third of employees would sell their company’s data

A Loudhouse survey on enterprise security practices reveals that 35 percent of employees would sell information on company patents, financial records and customer credit card details if the price was right. This illustrates the growing importance for organizations to deploy data loss prevention strategies and technology….

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Identity theft victims: You might know the culprit

Tracy, a health-care worker in Kentucky, is among the victims. The thief who stole her Social Security number opened several new cards in her name last year, racking up $1,500 in purchases and pushing one account past its credit limit. Another debt, owed to an online retailer, was sent to collections.

The catch? Tracy, who asked that her last name be withheld for privacy concerns, wasn’t victimized by some nameless, faceless hacker.

Her husband was the culprit.

“He knew my birthday. He had my Social Security number. He even had a copy of my driver’s license stored on his computer…”

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Class Action Suit Claims Experian Sold Private Data to Identity Thief

Experian Data Corp. was hit with a class action lawsuit in a California federal court, alleging that the credit reporting agency sold highly sensitive consumer information to an identity thief.

Plaintiffs Maudie Patton, Jacqueline Goodridge, and Virginia Kaldmo, who are all from different states, claim in their class action lawsuit that Experian sold their information to Vietnamese hacker Hieu Minh Ngo, who they say is a “known and now convicted identify thief, black market PII [personal identifiable information] trafficker, and computer hacker.”

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Worst possible outcome for consumers: Over 140,000,000 Americans’ health information disclosed in data breaches

Almost half of Americans’ sensitive health information have been disclosed in data breaches increasing their risk of medical identity theft and medical fraud.

Medical identity theft is the worst possible outcome for consumers affected by a breach….

READ MORE

FBI: Global Criminal Hacker Forum Darkode Shut Down

The U.S. Department of Justice and FBI said today that they along with an international coalition of law enforcers have shut down the underground computer hacking forum known as Darkode and filed criminal charges against 12 individuals associated with the forum.

The FBI called the site one of the most serious threats to data security in the world.

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