It would make sense to think a credit card has more value than a Twitter handle — after all, a card has purchasing power, and a handle doesn’t. But to hackers, compromised Twitter accounts are far more lucrative than stolen credit cards, according to a new report from the RAND Corp. It has to do… Read More
Identity theft is a very real problem affecting millions of Americans every year, but in a shocking number of cases, it seems that these crimes might be the work of organized fraud rings. Today, there are more than 10,000 organized identity theft groups operating in the U.S. alone, according to new data from the security… Read More
Betty Ostergren is famous in privacy and identity theft circles as the cantankerous woman behind TheVirginiaWatchdog.com. She became outraged a few years ago when she learned that many government-run online databases in Virginia and around the country post sensitive personal information, including Social Security numbers, home addresses and birth dates, in plain view for any identity thief to steal.
An identity thief in San Francisco has been arrested on 53 felony counts of fraud, forgery and other charges after he was discovered carrying stolen records on an iPod. The suspect, Wilson Lee, carrried dozens of stolen tax returns, credit reports and loan applications stored on an iPod and a laptop. In his hotel room, investigators found over 500 personal records.