The news about Federal Reserve Chairman Ben Bernanke becoming a victim of ID theft resulting in a financial crime scares the living daylights out of me. It used to be more of an inconvenience if your purse was stolen or your home burglarized because of the accounts you had to cancel or change. At most, [...]
If I said it once, I’ve said it a 1000 times, Identity Verification of Adults on Social Networking Sites can be used today and will start to solve problems associated with identity and age related issues on Facebook (and MySpace, Twitter, etc.).
Case in point is the latest impersonation of Former Governor Sarah Palin on Facebook: [...]
One of the biggest misconceptions we are constantly addressing is the confusion between shared secret questions and dynamic knowledge based authentication questions. And this week’s IEEE Symposium on Security and Privacy isn’t helping to clear up the confusion since Microsoft and Carnegie Mellon University are showing that the secret questions used to secure the [...]
Interesting article in the Washington Post last week about joining Facebook when you have an unusual name like Batman, Pancake or Six. Given this social networks “real identity” focus, I understand their wanting to be sure that unusual names are real and not someone trying to set up fake profiles. And while I’m sure the [...]
The news about Governor Palin’s Yahoo account being hacked presents an interesting use-case for a dynamic KBA solution and gives me the opportunity to clear up a big misunderstanding people have about what [IDology's] KBA really is.
First, let’s examine how the hacker accessed her email. According to this Wired article:
As detailed in the postings, [...]
If you recall I blogged about the government’s crackdown on employers hiring illegal immigrants and how identity theft and the fake document industry is booming in some places as a result. Today’s Wall Street Journal article, How To Make Identity Theft Worse, IRS Audit Launches Emerita de Jesus into Fight To Get Her Name [...]
If you read the NY Times today you probably saw this story: 11 Charged in Theft of 41 Million Card Numbers.
And if you shop at major retail chains like OfficeMax, Barnes & Noble, and BJ’s Wholesale Club you could be one of those affected.
Interestingly, the fraud ring is connected to the TJ Maxx breach announced [...]
Customers and non-customers of a credit union recently received fraudulent emails as part of an elaborate phishing scam. It appears that the fraudster included IDology’s brand as part of their attempt to capture consumers banking information by setting up a fake website that looks similar to our corporate website.
First, I would like [...]
Did you see this story? No, it’s not a joke or a scene from a bad 80’s movie. Two men actually used an office chair to wheel their dead friend down to a check cashing store in NYC in an attempt to cash the man’s Social Security check.
I think one of the film’s [...]
I got the early edition of Cybersource’s 9th annual fraud report today. I haven’t had time to fully absorb/read all of the information but there were some facts that jumped out at me:
82% of merchants are manually checking orders today with 1 out of 3 orders being manually reviewed. Merchants also indicated that over [...]
