Identity Theft

Washington AG: DSHS worker committed ID theft, stole more than $150k

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Timothy Darrell Fultz was charged with creating 38 fake IDs and stealing more than $150,000 from an unclaimed funds website.

Bank of America target of class-action suit for 2012 breach

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Plaintiffs claim that stolen personal information was sold and used for fraud and identity theft.

Medical identity theft to be explored at FTC hearing

Medical identity theft to be explored at FTC hearing

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Concerns over identity theft affecting senior citizens prompted the hearing.

14 charged in stolen ID tax fraud

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A 14-member gang alleged to have used stolen identities in a tax refund scheme have been charged in five criminal complaints with conspiracy to defraud the United States and other counts of theft of government property.

Black Hat: Biometric experts reverse-engineer iris scanning systems to create clones

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New research presented at this year's Black Hat conference in Las Vegas reveals that iris scans can be duplicated, which may give attackers the ability to bypass recognition systems.

Think identity theft can't happen to you? Think Again

Think identity theft can't happen to you? Think Again

With fraud complaints more than doubling over the past five years, protecting private information is more critical than ever for those who rely on the internet for communicating personal and financial data.

NYC authorities charge 55 in cyber fraud, ID theft ring

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The defendants were part of a coordinated operation that resulted in the theft of more than $2 million from JP Morgan Chase Bank, TD Bank, Citibank, Discover and American Express.

TD Ameritrade settles lawsuit over major breach

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While TD Ameritrade maintains that no identity theft resulted because of a 2007 breach, it has decided to compensate customers "in the interest of helping ease" their concerns.

More than 100 charged in ID theft ring

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The organized structure of a huge identity theft operation, based in New York, allowed members to make millions in profits.

Seattle men indicted on hacking, fraud charges

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Three men in their 30s used low- and high-tech means to install malware to steal banking credentials and credit numbers from dozens of businesses, according to federal prosecutors.

Online ID thief sentenced to 14 years

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A man who pleaded guilty to wire fraud and identity theft charges received a 14-year prison sentence.

Cybercrime costs $388B annually, report says

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The cost of digital crimes now rivals the illegal drug trade, according to a new report from Symantec.

Phisher gets more than a dozen years in prison

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A Long Beach, Calif. man was sentenced Thursday to 12 years, seven months in prison for orchestrating a phishing operation that duped at least 38,500 people, according to federal prosecutors in Sacramento. In September, That Tien Truong Nguyen, 34, pleaded guilty to computer and access device fraud charges for creating fake banking websites designed to trick unsuspecting users into divulging their personal information. Nguyen, who was arrested for the crimes in 2007, sold the stolen data to co-conspirators, who opened up credit lines to make purchases. He reportedly perpetrated the scam to support a meth habit.

Credit card fraudster sentenced to ten years in prison

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Rogelio Hackett Jr., 25, of Lithonia, Ga., stole more than 675,000 stolen credit card numbers used to conduct fraudulent transactions totaling more than $36 million.

Hacker pleads after busted with 675K stolen cards

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A Georgia man has pleaded guilty after authorities found him in possession of more than 675,000 credit card numbers, some of which he obtained by hacking into business networks.

White House finalizes online identity strategy

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The Obama administration released the final version of its National Strategy for Trusted Identities in Cyberspace, the goal of which is to create a so-called identity ecosystem where online transactions are more trustworthy.

Medical ID theft on the rise, says new study

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Consumers are not familiar enough with the dangers of medical identity theft, according to a Ponemon study released this week.

N.J. agencies failed to wipe hard drives before resale

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Multiple New Jersey state agencies left confidential information on computers set to be sold at auction, according to an audit.

Identity theft reigns king again, according to FTC

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For the 11th year in a row in 2010, identity theft ranked as the top consumer complaint filed with the Federal Trade Commission (FTC), the agency announced this week. Nineteen percent of the 1.3 million complaints fielded by the agency were related to America's fastest growing crime. Complaints around debt collection; internet services; prizes, sweepstakes and lotteries; shop-at-home and catalog sales; impostor scams; internet auctions; foreign money and counterfeit checks; telephone and mobile services; and credit cards rounded out the top 10. - DK

Red Flags Rule will not apply to certain professions

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Services providers such as lawyers, doctors and accountants will not have to comply with the Federal Trade Commission's Red Flags Rule.

Senate votes to exempt lawyers, doctors from Red Flags

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Lawyers, doctors and accountants may avoid having to comply with the Federal Trade Commission's new identity theft rule.

Bad medicine: Can poor data security result in death?

Medical records could become compromised during transmission, on the patient's computer, or at any number of multiple points of storage.

Authorities charge 53 in N.J. identity theft/bank fraud ring

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The U.S. Department of Justice on Thursday charged 53 individuals in New Jersey in connection with a widespread identity theft and fraud ring.

Public-private awareness initiative developed

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A survey gauging public awareness over the need for internet safety and security confirms the need for a new national messaging campaign, according to two nonprofits.

Judge halts fraud racket that went undetected for years

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A federal judge in Illinois has ordered the shutdown of a well-orchestrated operation that made fraudulent credit and debit card charges — often for as little as 20 cents at a time — to dupe victims out of millions of dollars.

FTC delays Red Flags Rule enforcement until end of year

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The Federal Trade Commission is, for the fifth time, pushing back the deadline for financial institutions and creditors to comply with the Red Flags Rule.

Identity theft and tax fraud ring busted

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Several individuals have been charged for their involvement in a sophisticated fraud ring that used stolen identities of the dead to obtain fraudulent income tax returns totaling $4 million.

LifeLock settles with FTC over ID theft product claims

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LifeLock will pay $11 million to the Federal Trade Commission (FTC) and $1 million to a group of 35 state attorneys general to settle charges that the Tempe, Ariz.-based company made false claims that its product could prevent identity theft.

Trio charged with ripping off gas customers

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Three California men each are facing two dozen charges for running a sophisticated identity theft ring which netted them nearly $2 million, the Los Angeles County district attorney's office announced Monday. Albert Jose Gonzalez, 39, of Lancaster, Josue Gustavo Albizuras, 42, of Los Angeles and Cesar Vasquez Echeverria, 28, of Santa Clarita installed skimmer devices on computerized pay pumps at gas stations to steal customers' credit and debit card information. The men, who have pleaded innocent, were arrested Feb. 25 after a three-year investigation by members of the Los Angeles Sheriff's Department and the FBI. — AM

ID theft still on the rise, but victims respond faster

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Incidents of identity fraud and the total cost of fraud once again climbed last year, but consumers are becoming better equipped to respond to the occurrences of theft, according to a report released Wednesday by Javelin Strategy & Research.

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