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How to get your Equifax money and stay safe doing it

Following the enormous data breach of Equifax in 2017—in which roughly 147 million Americans’ suffered the loss of their Social Security numbers, addresses, credit card and driver’s license information, birthdates, and more—the company has agreed to a settlement with the US Federal Trade Commission, in which it will pay at least $650 million. Much of that settlement—up to $425 million—is … [Read more...]

The many faces of omnichannel fraud

The rise of new technologies, social networks, and other means of online communication have brought about compelling changes in industries across the board. For example, in retail, organizations use digital tools such as websites, email, and apps to reach out to their current and potential clients, anticipate their needs, and fully tailor their business strategies around making the user shopping … [Read more...]

Children and young adults: the next-generation money mules

According to Cifas, a nonprofit fraud prevention organization based in the United Kingdom, more than 8,500 cases of bank account misuse have been filed against 18- to 24-year-olds between January and September 2017. Cifas has linked the account abuse to an uptick in young people acting as money mules,  allowing their bank account to be used in order to facilitate the movement of criminal funds. … [Read more...]