Our Credit.com experts provide tips & advice on how you can avoid becoming a victim of identity theft and what you should do in the event your identity is compromised. Here, you’ll find information explaining the different forms of identity theft, how to monitor you credit for signs of identity theft & what fraud protection measures you can take.
Being a victim of identity theft is never fun, but one man in Florida had an especially terrible time with it. In 2011, Carlos Gomez was arrested in the middle of the night for money laundering, which got him two weeks in a federal detention center and seven months of house arrest, according to a… Read More
Users of Apple computers and iPhones may be shaken to the core at news of a major security flaw that could allow cyber spies and hackers to grab emails, financial information and other data from their devices. Here’s what you need to know. 1. It’s Time for Some Updates — Right Now. On Friday, Apple… Read More
The storm of consumer-focused data breaches started off as intermittent downpours — Choicepoint, TJ Maxx, SONY, LinkedIn, Twitter, Adobe Systems — and is now a torrent: Target, Neiman Marcus, Kickstarter, White Lodging, the Sands Casino, and now everyone who’s attended or worked at the University of Maryland since 1998. In each case, hackers weren’t after… Read More
You may dread tax season, but scammers love it. From stealing people’s personal information to trying to pull the wool over the eyes of the Internal Revenue Service, some people go to extraordinary lengths to make money by cheating the tax system. In a recent post to its website, the IRS listed its Dirty Dozen… Read More
The Target data breach has caused a lot of headaches — it has also been crazy expensive. A new report from the Consumer Bankers Association estimates the cost of replacing the credit and debit cards compromised in the breach has exceeded $200 million. That’s just card-replacement costs reported by the CBA and the Credit Union… Read More
As you’ve no doubt heard by now, hackers gained access to some Kickstarter user information earlier this month. The company found out about it Feb. 12 and alerted users via email Feb. 15. The subject line “Important Kickstarter Security Notice” isn’t the kind anyone wants to read, but people are getting used to it. Another… Read More
When ordinary people become victims of identity theft, the legal repercussions can be enormous. To make matters worse, some victims not only have to deal with financial fraud but also face the risk of being jailed for crimes they didn’t commit. Identity thieves may perpetrate crimes while masking their true identities with the names of… Read More
The conversation about data breaches and credit card security doesn’t show signs of disappearing anytime soon. In the past week, Credit.com chairman and co-founder Adam Levin made the media rounds to discuss consumers’ exposure to attacks on retailer and other information systems.
The mercury is dropping around the country, but scammers are turning up the heat with a tried-and-true cold weather scam: the Shutoff Swindle. Bad guys pose as utility workers and threaten to shut off your service claiming unpaid bills. Their goal: To get your personally identifiable information to commit identity theft. They’ll encourage you to… Read More
If some in the small business community thought to themselves, “better them than us,” after hearing that hackers had breached mega chains Target, Neiman Marcus and (possibly) Michaels, their bliss was short-lived. Reports surfaced last week that the cyber-intruders accessed Targets’ systems by first hacking one of their (comparatively) small regional contractors, Fazio Mechanical Services. Fazio,… Read More