Written By ESR News Blog Editor Thomas Ahearn “Synthetic identity theft” – where fraudsters create new identities by combining real and fabricated personal data – is the fastest growing type of financial crime in the United States that is difficult to detect and often unreported, according to a white paper from the U.S. Federal Reserve. …Continue reading "Synthetic Identity Theft is Fastest Growing Financial Crime in United States"
Written By ESR News Blog Editor Thomas Ahearn On April 8, 2019, the Internal Revenue Service (IRS) and the Security Summit partners announced that results from 2018 show major progress in the battle against tax-related identity theft along with added protection for thousands of taxpayers and billions of dollars, according to a news release from …Continue reading "IRS Announces Major Progress Made in Battle against Tax-Related Identity Theft"
Written By ESR News Blog Editor Thomas Ahearn One-third of American shoppers plan to do all or most of their holiday shopping online this year while more than two-thirds of these online holiday shoppers are concerned about identity theft, according to a survey commissioned by leading proactive identity theft protection service provider LifeLock.Continue reading "One-Third of Americans Will Do Most Holiday Shopping Online but Two-Thirds Concerned about Identity Theft"
Written By ESR News Blog Editor Thomas Ahearn Some Americans are more “likely to be exposed to and affected by identity theft and fraud” depending on the state where they live, according to a comparison of 50 states and the District of Columbia (D.C.) across three key dimensions – identity theft, fraud, and policy – …Continue reading "Study Identifies States in America Most Vulnerable to Identity Theft and Fraud"
Written By ESR News Blog Editor Thomas Ahearn The Federal Trade Commission (FTC) – a primary federal privacy and data security enforcement agency – has released the 2017 Consumer Sentinel Network Data Book that found the number of consumer complaints about fraud dropped in 2017 while the amount of money lost was more than in …Continue reading "FTC Report Finds Less Consumer Complaints about Fraud in 2017 But More Money Lost than in 2016"
Written By ESR News Blog Editor Thomas Ahearn The 2018 Identity Fraud Study released by research-based advisory firm Javelin Strategy & Research has revealed the number of identity fraud victims increased by eight percent to 16.7 million U.S. consumers in 2017, a record high since the company began tracking identity fraud in 2003.Continue reading "Identity Fraud Affected All Time High of 16.7 Million U.S. Victims in 2017"
Written By ESR News Blog Editor Thomas Ahearn With the 2017 holiday season here, the Better Business Bureau (BBB) is helping consumers and donors shop smart and give wisely with a 2017 BBB Holiday Guide that offers information for a happy and safe holiday shopping season. The guide is on the BBB website at www.bbb.org/council/holiday-helper/.Continue reading "Better Business Bureau Offers 2017 BBB Holiday Guide to Help Consumers Shop Smart During Holidays"
Written By ESR News Blog Editor Thomas Ahearn With the deadline for filing taxes nearing – Tuesday, April 18, 2017, because the usual Tax Day of April 15 falls on a weekend – the Internal Revenue Service (IRS) is offering a Taxpayer Guide to Identity Theft to help taxpayers combat “tax-related identity theft” that occurs …Continue reading "IRS Offers Taxpayer Guide to Identity Theft for 2017"
Written By ESR News Blog Editor Thomas Ahearn The California Franchise Tax Board (FTB) has issued a warning to businesses and individuals that tax identity theft and refund fraud schemes where criminals steal an employee’s information and file a fraudulent tax return to claim and redirect a taxpayer’s refund are off to a fast …Continue reading "California FTB Warns Businesses and Individuals about Tax Identity Theft and Refund Fraud Scams"
Written By ESR News Blog Editor Thomas Ahearn The 2017 Identity Fraud Study released by Javelin Strategy & Research has revealed that the number of identity theft victims increased 16% to reach 15.4 million U.S. consumers in 2016 – the highest number since Javelin began tracking fraud in 2003 – and that the amount of …Continue reading "Study Finds Identity Theft Reached Record High 15.4 Million Victims in 2016"