Is Your Business Vulnerable to Identity Theft?
According to data company Dun & Bradstreet, business identity theft increased more than 250 percent in the first half of 2020. You can thank the pandemic — and the government’s
According to data company Dun & Bradstreet, business identity theft increased more than 250 percent in the first half of 2020. You can thank the pandemic — and the government’s
Management consulting company McKinsey names synthetic identity (ID) theft the fastest growing financial crime in the United States. And a LexisNexis Risk Solutions study has found that 20 percent of
When Congress authorized an additional $600 in monthly unemployment benefits as part of the Coronavirus Aid, Relief, & Economic Security Act, out-of-work Americans were not the only ones it helped.
Even before the COVID-19 pandemic struck, Americans received a lot of packages. About 18 billion parcels were shipped in the United States in 2018, according to Pitney Bowes, and the
It is bad enough that the living have to worry about identity theft. But criminals also exploit the deceased with ‘ghosting’ schemes. These thieves steal the identities of those who
The IRS announced it is opening the 2019 individual income tax return filing season on January 27. Even if you typically do not file until much closer to the April
Like many sectors of the economy, the healthcare industry regularly suffers data breaches. Healthcare analytics company Protenus has found that nearly 32 million patient records were breached between January and
The IRS recently issued final regulations that permit employers to voluntarily truncate employee SSNs on copies of IRS Forms W-2 furnished to employees. The purpose of the regulations is to
Identity theft is not just a consumer problem. Criminals steal the identities of businesses, too. In addition to filing fraudulent tax returns, criminals assume the identities of companies to apply
To help fight crime, including terrorism, money laundering, and identity theft, federal laws and regulations require banks and other organizations to ‘know’ their customers. Know-your-customer (KYC) programs entail verifying customer