Tag Archives: identity theft

Forensic Investigation of Equifax Data Breach Reveals 2.5 Million More Americans May Be Impacted

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Written By ESR News Blog Editor Thomas Ahearn

Credit reporting agency Equifax Inc. has announced that a forensic investigation of the massive data breach incident first disclosed on September 7, 2017, that impacted approximately 143 million Americans – almost half of the country –  revealed the impact may potentially reach 2.5 million more Americans. Continue reading

FREE Act Would Give Consumers Control Over Credit Information in Wake of Equifax Data Breach

Data-Breach

Written By ESR News Blog Editor Thomas Ahearn

On September 15, 2017, Senator Elizabeth Warren (D-Mass.) and Senator Brian Schatz (D-Hawaii) introduced the Freedom from Equifax Exploitation (FREE) Act to give consumers control over their credit information in the wake of the massive Equifax data breach that compromised the personal data of as many as 143 million Americans, according a press release on Senator Warren’s website. Continue reading

Massive Equifax Data Breach Should Not Affect Credit Reports Ordered by Employers for Background Checks

Data-Breach

Written By ESR News Blog Editor Thomas Ahearn

Employers concerned about credit reports used for background checks being affected by the massive Equifax data breach that compromised the personal information of roughly 143 million Americans — almost half the country – “can breathe somewhat easier knowing their employees won’t be affected,” according to the Bloomberg BNA article ‘Should Equifax Data Breach Worry Employers?’ Continue reading

Statistics Show Data Breaches Increasing at Record Pace in United States

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Written By ESR News Blog Editor Thomas Ahearn

Statistics released by the Identity Theft Resource Center (ITRC) and CyberScout reveal the number of data breaches in the U.S. tracked through June 30, 2017 hit a half-year record high of 791, according to an ITRC press release. At this pace, ITRC anticipates the number of data breaches could reach 1,500 in 2017, a 37 percent increase over 2016, when data breaches reached an all-time record high of 1,093. Continue reading

FTC Announces Final Agenda for Identity Theft Conference on May 24

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Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) has announced the final agenda for the conference “Identity Theft – Planning for the Future” taking place on May 24, 2017, in Washington, D.C., to examine the state of identity theft now and how the crime may evolve in the future, according to an FTC press release. Continue reading

IRS Offers Taxpayer Guide to Identity Theft for 2017

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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 when someone uses a stolen Social Security number (SSN) to file a tax return claiming a fraudulent refund. Continue reading

California FTB Warns Businesses and Individuals about Tax Identity Theft and Refund Fraud Scams

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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 start this filing season. Continue reading

Study Finds Identity Theft Reached Record High 15.4 Million Victims in 2016

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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 money taken rose by nearly one billion dollars to $16 billion. Continue reading

FTC Hosts Tax Identity Theft Awareness Week from January 30 to February 3

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Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) will host Tax Identity Theft Awareness Week from January 30, 2017, to February 3, 2017, with a series of events using webinars and social media to alert consumers and businesses to ways they can minimize their risk of tax identity theft, according to a press release from the FTC. Continue reading

BBB Offers Tips to Avoid Identity Theft while Holiday Shopping on Black Friday and Cyber Monday

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Written By ESR News Blog Editor Thomas Ahearn

With the arrival of the holiday season, the Better Business Bureau (BBB) is offering a 2016 BBB Holiday Helper so consumers may avoid identity theft during Black Friday, the day after Thanksgiving known as the unofficial start to the holiday shopping season, and Cyber Monday, the following Monday that is one of the busiest days for online shopping. Continue reading