A new identity fraud study shows that consumers who are victims of a payment card breach are at greater risk of fraud than victims of other types of breaches, says Al Pascual of Javelin.
The use of synthetic identities is a rising concern for organizations, and financial institutions are often the ones taking the hit for the fraud, says Claudel Chery of the U.S. Postal Inspection Service.
Using "synthetic identities" to commit fraud is becoming easier, but it's increasingly difficult for organizations to detect this type of deception, says Claudel Chery of the U.S. Postal Inspection Service.
Two states are testing new technologies that, if successful, should make it easier for citizens to securely access government services online with the side benefit of mitigating fraud and identity theft.
Hackers allegedly trafficking in personally identifiable data have reportedly breached the computers of three major data aggregators, raising doubts about knowledge-based authentication as a tool to verify identity.
Cyber-attacks are taking aim at governments, banks and organizations across numerous sectors, says former FBI investigator Shawn Henry. But how much do we know about the actors waging these attacks and who their top targets are?
Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
Which ID theft trends are top-of-mind in 2013? Increases in medical and government ID theft, and compromised mobile devices, need to receive more attention, says the ITRC's Eva Velasquez.
Phishing attacks are up, and the methods are changing. Paul Ferguson of the Anti-Phishing Working Group explains how phishers are fine-tuning their schemes and exploiting cross-platform technologies.
Bank of America confirms hacktivists' reports about a breach of a third-party service provider working with the bank to analyze public data. How did the breach occur, and what information was exposed?
New research says more than 25 percent of consumers hit by a data breach later become victims of identity fraud - especially when payment card information is exposed. Javelin's Al Pascual shares analysis.
Visa has warned U.S. payment card issuers to be on the lookout for global ATM cash-out fraud. What are the signs banking institutions should monitor to help detect, prevent and report these schemes?
The Gozi Trojan variant known as Prinimalka is expected to target 30 banking institutions in spring 2013. Now McAfee researcher Ryan Sherstobitoff says new research sheds light on how to prepare.
Three recent identity theft incidents highlight the need for healthcare organizations to stay vigilant in preventing fraud involving insiders. Security experts offer advice.
Global Payments Inc. says its 2012 data breach has cost the payments processor $93.9 million. What is the breakdown of these expenses, and how has the breach impacted the company's business?
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