Identity theft has evolved and become more prevalent with the advance of technology. Unfortunately, the process of resolving identity theft hasn’t changed much since the 90s. Just look at Nicole White. The now-editor of personal finance site Sapling.com didn’t realize she was a victim of identity theft until she applied for an in-store credit card
Identity theft is on the rise and banks are constantly implementing new forms of identity theft protection into the products and services they offer to their customers. By federal law, everyone is entitled to some level of fraud protection against unauthorized use of their debit or credit cards. Chase, Citibank, and Bank of America have
Ever seen that meme with Steve Carrell from the TV show “The Office” proclaiming that he changed all his passwords to “incorrect” so that if he forgets his password his computer will remind him that his password is “incorrect”? And that’s just perfect — if you’re the kind of lovable idiot he portrays. But if
Identity theft will likely the number one complaint to the Federal Trade Commission in 2015. I can state that with some conviction because identity theft has been the number one complaint to the FTC for the last 14 years. The question most of us wrestle with is this…how do I know my identity has been stolen?
An in-depth look at the most common types of identity theft, how you can minimize the chances that you’ll fall victim, and what you may need to do afterwards.
Financial abuse against the elderly is real and costly. Some estimates put the total loss at $37 billion each year. While many abuses are instigated by strangers who prey on society’s most vulnerable, many losses are caused by people the victims trust. Here’s what you need to know to protect aging parents from financial fraud.
For identity thieves, tax time is harvest time. It’s like the holiday season for retailers, and where many thieves make the bulk of their yearly earnings. Here’s a look at just how big of a problem tax identity theft is, why it’s growing, and what you need to know to protect yourself from becoming a victim.
Sometimes I keep some questionable company for noble reasons. I’ve developed trusting, almost friendly relationships with some very accomplished and dangerous identity thieves. I’ve even had them over to my home—and it’s not because I get some kind of thrill out of being so close to a strange kind of criminal underworld. It’s because I’m
Phew! When January passed without a single mega data breach, I thought the storm had passed, big bad breaches were a thing of the past and I’d have to find something else to talk about. But I lost the bet by less than a week. I said there would be a Target-size data breach before
The effects and losses caused by personal identity theft in the U.S. are staggering. Approximately 16.6 million people experienced at least one identity theft incident in 2012 (the most recent data available) and financial losses totaled $24.7 billion. That’s an average loss of around $1,500 per victim. Indeed, the overall costs of identity theft to