The FTC says LifeLock has violated a 2010 settlement by continuing to make deceptive claims about its identity theft protection services. After the FTC made the announcement on July 21, Lifelock's stock value plummeted.
The Department of Justice has announced the indictments of two individuals in separate fraud cases affecting the University of Pittsburgh Medical Center. The cases spotlight the challenges healthcare organizations face in the fight against fraud.
Since 2010, incidents of medical ID theft have nearly doubled, according to research from the Medical Identity Fraud Alliance. MIFA's Ann Patterson tells how healthcare security leaders can reverse this trend.
Wipro has developed a fraud detection model for improved risk management using big data analytics. Can CISOs leverage it to reduce risk, enhance process efficiency and refine fraud detection algorithms?
A massive breach at the U.S. Office of Personnel Management wasn't discovered by government sleuths - or the Einstein DHS intrusion detection system - but rather during a product demo, a new report says.
Our identities are clearly becoming more and more of a critical asset every day, providing us access to and authority within every aspect of our personal, medical, financial and professional lives. Because of this, the value of our identities, especially those that can be created from healthcare information is...
How do Organized Fraud Rings (OFR's) monetize the personal information made widely available from the growing number of data breaches? How can we detect and disrupt this activity?
From these breaches, fraudsters obtain just enough personal information to access user accounts or attempt to pull free credit reports...
A persons PHI can often be so detailed and complete, hackers and fraudsters can refer to it as a "fullz", meaning it contains enough PII to completely take over someone's identity. This makes this information highly valuable to those communities especially as many other types of fraud can also be committed with it....
Nine individuals have pleaded guilty to charges stemming from their roles in an identity fraud scheme. Among the defendants is a former military hospital worker who stole soldiers' personal information to file false federal tax returns, prosecutors say.
As data breaches continue to multiply, employers must not overlook how intrusions could lead to the theft of employees' identities, paving the way for fraud, says ID theft expert Johnny May. He will keynote the March 24 Fraud Summit Atlanta.
ID fraud reported by U.S. consumers dropped 3 percent in 2014 - the first decline since 2010, according to Javelin. But analyst Al Pascual says the decrease should have been much greater.
As more patient records are digitized, that data is a rapidly growing target for cybercriminals intent on committing medical identity theft and fraud, says Ann Patterson of the Medical Identity Fraud Alliance, who analyzes a new report on the trends.
Bankers are criticizing one federal regulatory agency for how it has responded to a breach of unencrypted consumer data that occurred during a routine banking exam. They're saying regulators should focus more on their internal security practices.
Over the last 12 months, hackers have enhanced the marketing of high-value stolen data, according to Dell SecureWorks' David Shear, who explains how the underground economy works.
Our identities are clearly becoming more and more of a critical asset every day, providing us access to and authority within every aspect of our personal, financial and professional lives. Because of this, their value is increasing exponentially, thus making their theft far more lucrative. In this opening session...
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