Identity theft RSS
Digital ID infrastructure is key as payments become transparent
Remote and contactless payments popularity with consumers grew during the pandemic, which is prompting the need for a robust digital identity infrastructure in the Payments 4.X era.1 In the connected... read more
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26% of UK consumers directly affected by identity theft
According to new research commissioned by LegalShield, over a quarter of UK consumers (26%) have been directly affected by identity theft, including a company breach, whilst 17% know family members... more
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US DoJ indicts 36 in cybercrime ring that stole $530m
36 cybercriminals have been indicted in connection with an international identity theft ring known as a “one-stop shop for cybercrime” that sold stolen payment card information on the dark web, leading to losses of more than $530 million, US prosecutors report. The Infraud Organization — founded in 2010 and operated under the slogan “In Fraud [...]
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London identity theft rates three times higher
London is the country’s identity theft capital, with significantly higher rates than anywhere else in the UK. The statistics are based on the number of fraudulent applications across financial products including: current accounts, loans, mortgages, savings accounts, insurance, automotive and credit cards. The 2014 figures, which focus for the first time on how fraud is [...]
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