Forest Global Training Partners

Cyber Risks · Krebs on Security

Plant Your Flag, Mark Your Territory

Summary: Identity theft specialist Carrie Kerskie of Griffon Force describes cases where fraudsters opened online accounts in victims' names at Comcast, a mobile carrier and a bank because the victims had never set up those accounts themselves. In one case a thief used the victim's name, address and Social Security number to open a Comcast account and forward the victim's calls, and in another a client lost almost $170,000 over six months after an attacker linked his bank account to an American Express gift card.

Bottom line: Because the victim did not notify the bank within 60 days, the bank only had to refund the last 60 days of fraudulent transactions - a reminder that an account left unclaimed online is still reachable by someone holding a name, date of birth and Social Security number.

Read the original at Krebs on Security ↗

Topics
Fraud & Scams
Related