Collaborate Disseminate
A 21-year-old allegedly SIM-swapped Silicon Valley execs’ phones to steal cryptocurrency, including one man’s $1m tuition fund for his kids. Continue reading His phone went dark, then $1m was sucked out in SIM-swap crypto-heist
Consider a MMORPG where users own virtual assets like magical swords or rings that can be used by the player. This system needs a safe method for transferring assets from Alice to Bob.
One requirement that increases the comp… Continue reading What is a simple and secure method to transfer virtual assets?
With the exception of a rare hacking incident, most tech companies and banks are able to secure their user’s accounts without issue.
Identity theft continues to destroy lives.
In layman’s terms, why can’t we secure our nati… Continue reading Why can’t we fix identity theft? [on hold]
A year ago, KrebsOnSecurity warned that “Informed Delivery,” a new offering from the U.S. Postal Service (USPS) that lets residents view scanned images of all incoming mail, was likely to be abused by identity thieves and other fraudsters unless the USPS beefed up security around the program and made it easier for people to opt out. This week, the U.S. Secret Service issued an internal alert warning that many of its field offices have reported crooks are indeed using Informed Delivery to commit various identity theft and credit card fraud schemes. Continue reading U.S. Secret Service Warns ID Thieves are Abusing USPS’s Mail Scanning Service
Despite almost half of U.S. consumers (49 percent) believing their security habits make them vulnerable to information fraud or identity theft, 51 percent admit to reusing passwords/PINs across multiple accounts such as email, computer log in, phone pa… Continue reading Consumers can’t shake risky security habits
In 2017, the number of identity fraud victims in the United States has risen to nearly 17 million. As the US became the last of the G20 countries to adopt Chip and PIN/Signature cards, fraudsters – predictably and expectedly – moved towards… Continue reading How financial institutions can change the economics of fraud
I decided to investigate the black market and see what kind of information is being sold there. We all know that you can buy drugs, weapons and stolen goods there, but you can also buy online identities. How much do you think your online identity is worth? Continue reading Hey there! How much are you worth?
Someone gained access to an email account for the Orange County chapter, which was rife with personal data. Continue reading Girl Scouts Issues Data Breach Warning to 2,800 Members
The 2018 Unisys Security Index, a security barometer which surveys over 1,000 UK citizens, has revealed identity theft as the top worry for UK citizens, with 56 percent of respondent registering that they were very or extremely concerned. Concerns over… Continue reading UK citizens fear identity theft over other security concerns such as national security
A fifth man has pleaded guilty to federal charges of phishing celebrities’ and non-celebrities logins and raiding their iCloud accounts for nude photos. Continue reading Former high school teacher pleads guilty to hacking celebrities