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U.S., U.K. Team Up To Smash Pedophile Ring

This isn't really identity theft related, but since we're boosting interest in TrueScoop , I wanted to mention it: LONDON - British police, aided by U.S. authorities, have smashed a global Internet pedophile ring that broadcast live-streamed videos of

Feds Take On E-Gold Over Cybercrime Money Laundering

The Department of Justice is investigating alternative currency/payment company E-Gold over charges it facilitates money laundering for online crime : The indictment alleges that E Gold has been a highly favored method of payment by operators of investment

FTC "Proof Positive" Conference, Day 2

Work has been crazy lately, so I didn't get a chance to recap the second day of the "Proof Positive" conference. It wasn't as packed as the first, but here are some highlights: There was an excellent discussion about the differing attitudes of nations

FTC "Proof Positive" Conference, Day 1

Today I had the honor of attending the FTC's Proof Positive identity authentication/identity theft conference. If you are into these issues at all, this conference was like a live-action reenactment of "Challenge of the Superfriends"--everyone from Gartner

Measuring The Costs Of Data Breaches

If you're like me (that is to say, a huge nerd), you may wonder exactly how much a breach of personal data may cost. The information surrounding breaches is often so opaque and hard to follow ("We see no risk of identity theft, but we want you to check

FBI Is FUBAR On Fraud

Originally Posted At Private Intelligence . Feel Free To Comment Here Or There. When you have a Justice Department (and I use the first word loosely) that is obssessed with nonexistent cases of voter fraud , spying on Americans without cause , and generally

Georgia Health Contractor Loses Data On 2.9 Million People

This is exactly how identity theft happens: A computer disk containing Social Security numbers and other sensitive personal data on 2.9 million residents of Georgia has been lost, according to the state's Department of Community Health. The CD, which

TJ Maxx Data Breach Officially The Largest Ever

The Boston Globe reports that the TJX hack exposed 45.7 million credit and debit card numbers to possible identity theft and fraud: "It's the biggest card heist ever," said Avivah Litan of technology consulting firm Gartner Inc. " It's done considerable

CardCops' Dan Clements and MSNBC's Bob Sullivan Combine Their Powers For Good

MSNBC's consumer/security reporting superhero Bob Sullivan has profiled Dan Clements , CEO of CardCops on his excellent blog, "The Red Tape Chronicles." Highlights from the read: Thieves openly trade stolen data in secret chat rooms, where the numbers

Identity Theft News Roundup: Cyveillance, Protection Tips, And Credit vs. Debit

Several interesting ID-theft-related docs made their way to my desk in recent days, so I'll just summarize them here: Cyveillance just put out a new identity theft and fraud report analyzing the state of the proverbial nation. Among their findings: In

FBI Sends Agents To Romania To Stop Identity Theft

Ars Technica has a fascinating look at the international efforts to stop hackers and information sellers: The Eastern European connection has become a large-enough problem that the FBI has begun working with the Romanian National Police on identity theft.

"The Underground Economy" and Identity Theft

I was originally going to write about the different fraud services and how they work, but Symantec's recently-released 2006 threat report is worth discussing first. The report makes a particular note of the rise in sales of personally identifying information