Collaborate Disseminate
The number of digital transactions has skyrocketed. As consumers continue to spend and interact online, they have growing expectations for security and identity verification. As fraudsters become savvier and more opportunistic, there’s an increased nee… Continue reading Modernizing fraud prevention with machine learning
Identity theft can have great financial impact on the victims, but the experienced emotional, physical and psychological impact can be even more devastating, according to the 2023 Consumer Impact Report from the Identity Theft Resource Center (ITRC) an… Continue reading Surge in identity crime victims reporting suicidal thoughts
Fraudsters are opportunistic criminals and 2022 and the first few months of this year brought opportunities like never before, according to Experian. This volatility perpetuated an unpredictable atmosphere for both businesses and consumers alike. The r… Continue reading Consumers demand more from businesses when it comes to security
On Dec. 23, 2022, KrebsOnSecurity alerted big-three consumer credit reporting bureau Experian that identity thieves had worked out how to bypass its security and access any consumer’s full credit report — armed with nothing more than a person’s name, address, date of birth, and Social Security number. Experian fixed the glitch, but remained silent about the incident for a month. This week, however, Experian acknowledged that the security failure persisted for nearly seven weeks, between Nov. 9, 2022 and Dec. 26, 2022. Continue reading Experian Glitch Exposing Credit Files Lasted 47 Days
By Waqas
Reportedly, Experian was completely unaware of the vulnerability.
This is a post from HackRead.com Read the original post: Experian Vulnerability Exposed Credit Reports
Continue reading Experian Vulnerability Exposed Credit Reports
Identity thieves have been exploiting a glaring security weakness in the website of Experian, one of the big three consumer credit reporting bureaus. Normally, Experian requires that those seeking a copy of their credit report successfully answer several multiple choice questions about their financial history. But until the end of 2022, Experian’s website allowed anyone to bypass these questions and go straight to the consumer’s report. All that was needed was the person’s name, address, birthday and Social Security number. Continue reading Identity Thieves Bypassed Experian Security to View Credit Reports
As technology continues to evolve for business and personal use, cybercriminals are also leveraging innovation in the next generation of attacks, according to Experian. Additional frontiers are a focus for 2023 In addition to the metaverse, hackers wil… Continue reading Modern technology and cyber recovery will intersect in the next generation of attacks
Experian announced Sentinel, a suite of commercial entity fraud detection solutions, to help lenders and insurers prevent fraud and protect small to large businesses. The suite has three solutions — Multipoint Verification, Identity Velocity and Commer… Continue reading Experian Sentinel detects and distinguishes different types of entity fraud
The problem with using Social Security numbers to authenticate consumers goes much deeper than Experian, experts say.
The post Experian tool exposed partial Social Security numbers, putting customers at risk appeared first on CyberScoop.
Continue reading Experian tool exposed partial Social Security numbers, putting customers at risk
Twice in the past month KrebsOnSecurity has heard from readers who’ve had their accounts at big-three credit bureau Experian hacked and updated with a new email address that wasn’t theirs. In both cases the readers used password managers to select strong, unique passwords for their Experian accounts. Research suggests identity thieves were able to hijack the accounts simply by signing up for new accounts at Experian using the victim’s personal information and a different email address. Continue reading Experian, You Have Some Explaining to Do