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Terrytown man arrested on identity theft charge; admitted to stealing nearly $8k from Bluffs couple

2014-03-10 18:55:05| Apparel - Topix.net

A Terrytown man accused of stealing the identity from a former high school classmate is being charged with identity theft, following a two-week investigation by police.

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Identity theft service planted botnets in LexisNexis, other data providers

2013-09-25 18:36:28| InfoWorld: Top News

A Russian hacker gang which runs an identity theft service used a botnet made up of computers inside "some of Americas largest consumer and business data aggregators," according to security resear

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One Swipe Protects Dealers Against Identity Theft and Slashes Time-to-Close

2013-09-18 21:52:49| AutomotiveDigest.com - Automotive Industry News

According to the FBI, Identify theft has overtaken the drug trade as the most costly U.S. crime. Dealerships are reporting that more fraudsters are presenting impeccable-looking (fake) IDs for test-drives, and then driving offor even successfully purchasing vehicles with them. Some lenders are now requiring dealers to buy back ID-theft-related deals. The ID thieves hitting dealerships today are super-sophisticated and so is their technology. But dealer ID verification processes arent. With all that endless photocopying, barcode-scanning and verification calling, they have remained in the Dark Ages, powerless against this fast-growing and incredibly costly problem, said Pete MacInnis, CEO of DealerCentric.ID Drive may be small and sit on a desk, but its the most potent anti-fraud and test-drive security solution ever invented for dealerships. With one scan at ID Drive, dozens of complex tests for thousands of ID types are automatically performed, leading to instant validation or red flags going up. Robust customer information is put in motion; sales and financing processes are jumpstarted, and time-to-close gets slashed. But the dealer benefits dont stop there!  Read on ...The Article One Swipe Protects Dealers Against Identity Theft and Slashes Time-to-Close appeared first on Automotive Digest.

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FTC Revises Guide on Red Flags Identity Theft Rules

2013-06-28 15:21:04| AutomotiveDigest.com - Automotive Industry News

The Federal Trade Commission has issued revised guidance designed to help businesses such as auto dealerships comply with requirements of the Red Flag Rule, which protects consumers by requiring businesses to watch for and respond to warning signs or red flags of identity theft. The Rule requires that you train relevant staff only as necessary. Staff who have taken fraud prevention training may not need to be re-trained. Remember that employees at many levels of your organization can play a key role in identity theft deterrence and detection. Most dealerships have already taken steps to comply and have plans and policies to combat identity theft and related fraud in place, but it is important to reiterate these steps from time to time. Updates to the Federal Trade Commission Red Flag Guidelines for businesses make it necessary for auto dealerships to make sure they remain in compliance with the Red Flag Rules. Take this opportunity to review them at your dealership. [Read more]The Article FTC Revises Guide on Red Flags Identity Theft Rules appeared first on Automotive Digest.

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New Identity Theft Protection

2013-02-10 06:00:00| Industrial Newsroom - All News for Today

According to identitytheft.info, about 15 million Americans have their identities used fraudulently each year, resulting in financial losses upwards of $50 Billion. This means that approximately 7% of all adults have their identities misused resulting in $3,500 in losses, each year. Taken one step further, this will cost the average American $250 a year, and once every 14 years (on average) each person will have to deal with resulting fallout. This surge of knowledge and awareness was brought ...This story is related to the following:Material Handling and Storage Sponsored by: Dalmec Inc - The Source for Manipulators and Moving TechnologiesSearch for suppliers of: ESD Products | ESD Bags |

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