Cyber Risks · Krebs on Security

From Stolen Wallet to ID Theft, Wrongful Arrest

Summary: Lance Miller, a managing partner at cybersecurity recruitment firm Curity, was arrested in front of his two children in Golden, Colo. on Feb. 20, three days after his wallet went missing, and was handcuffed for roughly 30 minutes before police realized they had the wrong man. The thief had impersonated Miller during multiple traffic stops, drained about $5,000 from his checking account and maxed out his credit cards for nearly another $5,000, and authorities later arrested suspect John Tyler Waldorf, 37, who had at least 16 pending warrants and was suspected of ties to a white supremacist crime ring involved in identity theft, drug dealing and serial burglary.

Key Takeaway: Miller did the expected things - reported the wallet missing and canceled his cards - and still lost roughly $10,000 and was arrested in front of his kids, because the thief simply gave police his ID at traffic stops. The stolen wallet sat overnight in a car in an open garage, which is the entire distance between a routine lapse and full-blown identity theft.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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