Federal authorities in San Antonio, Tex. have uncovered an international theft ring that targeted thousands of veterans and their dependents – taking their personal information to steal millions of dollars in benefits.
The number of identity theft reports shot up from about 86,000 in 2001 to a peak of 490,000 reports in 2015, according to the Federal Trade Commission.
In 2017 the risk of fraud continued to evolve and intensify; identity fraud hit a new all-time high and cyber-enabled fraud accounted for an even greater proportion of the growing problem, according to the 2019 Fraudscape report.
Age ID, a fake ID scanning app, is being utilized by the Greenville Police Department (GPD), Alcoholic Law Enforcement (ALE) and Alcoholic Beverage Control (ABC) to test the accuracy of the app, according to a news report.
Do you know who is calling you? In many cases, employees rely on caller ID or a familiar name to allow callers to build trust and potentially exploit them. Vishing (or social engineering) is a practice where verbal communication is used to deceive a potential victim.