The Paypers

FEBRUARY 14, 2019

(The Paypers) The IRS has planned to expand its voluntary program for taxpayers who wish to obtain IP PINs and are not currently victims of tax return identity theft.

IRS 28

IRS Identity Theft Returns 28

PYMNTS

APRIL 30, 2020

He was arrested after police found an open bench warrant in his name for criminal charges involving identity theft in New York County. . The NYPD recognizes how the COVID-19 pandemic presents an opportunity for a variety of malicious, criminal scams.

Checks 56

Checks IRS Identity Theft Credit Cards 56

Payments Source

APRIL 11, 2019

Tax-related identity theft can be especially worrisome, not only for the monetary consequences it carries, but tax documents often contain highly sensitive information, like Social Security numbers, writes Paige Schaffer, president and COO of Generali Global Assistance’s Identity and Digital Protection Services Global Unit.

Identity Theft 69

Identity Theft Security Social Security Innovation 69

PYMNTS

JUNE 14, 2018

Identity theft is an unfortunately reality for more consumers as data breaches continue to rock the market. Research from Auriemma Consulting Group estimates that identity theft has cost banks at least $6 billion, and cost consumers $58.9 But individual consumers aren’t the only victims of identity theft.

Identity Theft 43

Identity Theft Wire Transfer Crime Email Compromise 43

FICO

MAY 15, 2018

As a drumbeat of data breaches becomes the new reality — 42% of organizations breached in 2017 were breached in the past — it’s easy for consumers to throw up their hands and brace themselves for becoming a victim of identity theft or other financial crime.

IRS 63

IRS Data Breach Identity Theft Breach 63

PYMNTS

MAY 23, 2016

Bad guys are buying lists of usernames and passwords and then brute-forcing their way into banking, eCommerce and health care, as well as the Postal Service and the IRS.”. “Now, we’re seeing a lot more interest from companies seeking to protect business-to-consumer activities,” Essaid said.

Bots 42

Bots Identity Theft Account Takeovers Online and Mobile Banking 42

PYMNTS

APRIL 22, 2016

A recent report by Harris Poll stated that 10 percent of consumers (of those surveyed) said they use bitcoin as a payment method in order to avoid identity theft during tax time. The irony here is that people who don’t trust the IRS with their credentials are turning toward a volatile, unregulated, digital currency instead.

Bitcoin 42

Bitcoin Credit Union Money Laundering Identity Theft 42

FICO

AUGUST 12, 2019

As I’ve blogged about previously, synthetic identity fraud is rampant , and fraudsters are growing ever-more sophisticated. Industry estimates attribute around 80% of credit card fraud losses to synthetic identity fraud and child identity theft. (On Child identity fraud is a combination of both, as described below.).

Identity Theft 40

Identity Theft Federal Trade Commission Credit Cards Social Security 40