Posts Tagged ‘Federal Trade Commission’

Identity theft: How to protect your kids

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Stopping Identity Theft: 10 Easy Steps to Security
Identity theft that targets children is rising. Here are five steps to protect your family
By Alissa Figueroa
Identity theft has grown into a multibillion-dollar problem. And it’s not only adults who are targeted.
At least 7 percent of the reported cases of identity theft target children. [...]

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FTC Says Scammers Stole Millions, Using Virtual Companies

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100% Internet Credit Card Fraud Protected
by Robert McMillan
The U.S. Federal Trade Commission has disrupted a long-running online scam that allowed offshore fraudsters to steal millions of dollars from U.S. consumers — often by taking just pennies at a time.
The scam, which had been run for about four years, according to the FTC, provides [...]

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Man sentenced for hacking restaurant card data

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By Alan J. Liddle
WASHINGTON (April 1, 2010) Albert Gonzalez, the mastermind of payment card data thefts from Boston Market and Dave & Buster’s and a participant in the hack of a credit transaction processor serving thousands of restaurants, has been sentenced to two 20-year prison terms, the U.S. Justice Department said.
In a separate [...]

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Debit Card Fraud: Is Your Money at Risk?

by Amy Fontinelle @ investopedia.com
Debit card fraud occurs when a criminal gains access to your debit card number and, in some cases, PIN, to make unauthorized purchases and/or withdraw cash from your account. There are many different methods of obtaining your information, from unscrupulous employees to hackers gaining access to your data from a retailer’s [...]

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Anti-fraud service bamboozle consumers

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by Edward Wyatt
provided by – NYTimes.com
Lifelock, the company that brazenly broadcast its chief executive’s Social Security number as part of its claim that it could protect anyone against identity theft, agreed on Tuesday to pay $12 million to settle charges that it misled consumers about the effectiveness of its service.
The settlement, announced by [...]

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ChoicePoint fined for security breach

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Into The Breach; Protect Your Business by Managing People,
Atlanta Business Chronicle reported on Monday, October 26, 2009 that ChoicePoint Inc. will pay federal regulators $275,000 for a data breach in 2008 that compromised the personal information of 13,750 people and put them at risk of identify theft, the Federal Trade Commission reported.
The company, [...]

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