Category «ID Theft»

State of Spyware Report

Webroot Software released their State of Spyware Report today (free but requires registration), which states in part that “…the number of websites distributing spyware has quadrupled since the beginning of 2005 to an astonishing 300,000 unique URLs.” [press release] In addition, 80% of corporate computers are infected with malicious software, which can take the form …

Subjects: Cybercrime, ID Theft, Internet, Privacy

Risk Assessment Survey Indicates Data Breaches Involving Personal Info Are Routine

From the Reconnex August Insider Threat Index: “Ninety-one percent of companies who completed a Reconnex 48-Hour e-Risk Assessment in the month of July had credit card numbers entering or leaving their network and eight-two percent exposed social security numbers. Most concerning was the amount of personal data including name and SSNs exposed directly in the …

Subjects: E-Mail, ID Theft, Privacy

Government and CorporateTargets of Phishing Attacks Subject To Increased Security Risks

IBM press release: “IBM reported that virus-laden emails and criminal driven security attacks increased by 50 percent in the first half of 2005 – underscored by a significant rise in ‘customized’ attacks on the government, financial services, manufacturing and healthcare industries. This substantial increase, along with a decrease in less profitable threats, such as spam …

Subjects: Cybercrime, E-Mail, ID Theft, Privacy

Hearing Focuses on ID Theft Scams Targeted At Older Americans

The U.S. Senate Special Committee on Aging held a hearing on July 27, Old Scams – New Victims: Breaking The Cycle of Victimization. Link to member statements and witness testimony Related references: FTC Testimony: Identifying and Fighting Consumer Fraud Against Older Americans Fraud and Identity Theft Complaints Received by the Federal Trade Commission From Consumers …

Subjects: Congress, Cybercrime, ID Theft, Privacy

Cost Benefit Analysis of Consumer ID Theft Notification

Press release from the Progress & Freedom Foundation: “Notification Doesn’t Benefit Consumers: State and Federal lawmakers should proceed with caution when considering notification legislation addressing the perceived growth of data security breaches, according to a new paper released by The Progress & Freedom Foundation. An Economic Analysis of Notification Requirements for Data Security Breaches (19 …

Subjects: Cybercrime, ID Theft, Legislation, Privacy

Commerce Committee Leaders Introduce ID Theft Protection Act

Press release: “A bipartisan coalition of Senate Commerce Committee leaders today introduced comprehensive legislation (The Identity Theft Protection Act, S.1408) that protects consumers from identity theft. The bill sets national standards for notifying consumers of data breaches, requires businesses to improve their safeguards for sensitive consumer information, gives consumers the right to freeze their credit …

Subjects: Congress, ID Theft, Legislation, Privacy