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Threat From 'Ransomware' Is Expected to Grow

One thing for sure, Ransomware is not going away, in fact it is getting more prevalent than ever before.While it is true that some of the original group distributing and profiting from the crime have been caught, the new wave of thieves are more sophisticated than the prior group. According to Forbes this new strain of ransomware "Locky"is infecting as many as 90,000 systems per day.

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The Affects of Child Identity Theft

Child Identity Theft can begin shortly after birth and continue well into their teenage years.

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The top 7 breaches of 2015

Each of these breaches affected tens of millions of people.

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Army National Guard struck by data breach

While the number keeps rising ... who know how far it will go. The current admission is the about 24 million people have been affected in at least 6 different government breaches dating back to 2013. You wonder why this information was not encrypted or at least protect from access with a duel authentication system. Now in another separate breach announced this past weekend, the Army National Guard was breached ...

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Legendary Hacker Shows How It's Done

It’s been about 20 years since the FBI considered Mitnick one of its “most wanted” criminals for hacking into major corporations. He led authorities on a manhunt but ultimately served five years in prison. He told the crowd he once wiretapped the National Security Agency when he was 16, and he said a federal prosecutor once warned a judge Mitnick could whistle tones into a phone to launch nuclear missiles.

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Non-Traditional Costs of Financial Fraud

WASHINGTON — The FINRA Investor Education Foundation issued a new research report, Non-Traditional Costs of Financial Fraud, which found that nearly two thirds of self-reported financial fraud victims experienced at least one non-financial cost of fraud to a serious degree—including severe stress, anxiety, difficulty sleeping and depression. While the Stanford Financial Fraud Research Center estimates that $50 billion is lost to financial fraud every year, the FINRA Foundation's innovative research examines the broader psychological and emotional impact of financial fraud.

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College students big targets for cyberthieves

College students may present the perfect storm for identity theft. They are vulnerable on their computers, smartphones and tablets. They are vulnerable in their dorm rooms. They are vulnerable through their mail and personal papers and they are vulnerable on the myriad of social media they use.

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In shift, hackers want your identity, not just your credit card

Data breaches rose 49 percent last year, says a study. And hackers are changing their priorities from short-term spending sprees with stolen card info to long-term mischief with your identity.

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Obama wants 'Single, Strong National Standard' in Reporting Data Breaches

Obama said Monday that the recent hacking at Sony Pictures Entertainment and data breaches at major retailers showed the "enormous vulnerabilities" of the nation and the economy to cyberattacks.

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Bill Targets Id Theft Via Copy Machines

...bill aimed at preventing identity theft through digital copy machines used in banks, doctors' offices and other businesses is headed to the New Jersey Senate.The measure requires hard drives of digital copy machines to be wiped clean before the devices change...

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CBS This Morning - Losing Your Identity

Identity theft has become the top consumer complaint in the U.S., with about 10 million victims each year.

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Child Identity Theft - The Monster of the Future

The latest buzz in Identity Theft involves children. Child Identity Theft is the fastest growing area of this crime. The age group of 0-5 is the fastest growing area within the under 19 age group. The reason is that it is relatively an unknown area of ID Theft and few parents run their children's credit.

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