LifeLock Fined $12 Million
The FTC and LifeLock, Inc. have agreed
to pay $11 million to the FTC and $1 million to a group of 35 state
attorneys general to settle charges that the company's claims of
providing 100-percent protection against identity theft were false.
In addition to the $12 million settlement, LifeLock are prohibited from making
deceptive claims and they are required to better safeguard customers' personal
information. [press release]
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Identity Theft May Be Sign of Bigger Problem
Everyone is aware of using your identity to steal money. But that is only one way a stolen identity may be used to hurt you. Your identity may be used to commit other crimes or just given to the police when a criminal is arrested. [story]
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Three Charged for Credit Card Fraud
The LA County Sheriff's Department and FBI have broken up an credit card theft ring that stole $2 million. The three set up devices to steal credit card numbers from gas pumps around Los Angeles. [Story]
Whenever you swipe your card make sure to inspect the machine. Make sure there is nothing looks suspicious. If so find another ATM or go into the gas station.
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