Identity theft Archives - CFO

Neiman Agrees to Pay $1.6M Over Data Breach

Risk & Compliance

Neiman Agrees to Pay $1.6M Over Data Breach

The settlement ends a three-year legal battle between the retailer and customers whose credit card information was allegedly exposed by the 2013 hack.

By Matthew Heller | March 21, 2017

U.S. Data Breaches Hit All-Time High

U.S. Data Breaches Hit All-Time High

Companies sustained more than 1,000 data breaches in 2016, an increase of 40% over 2015 data.

By Sean Allocca | February 22, 2017

Symantec Bets $2.3B on Identity Theft Protection

Symantec Bets $2.3B on Identity Theft Protection

The maker of Norton antivirus software is acquiring LifeLock in a move to further diversify its computer security offerings.

By Matthew Heller | November 21, 2016

Wells Fargo Facing California Criminal Probe

Risk & Compliance

Wells Fargo Facing California Criminal Probe

The state attorney general is investigating whether bank employees stole customers' identities when they created unauthorized accounts.

By Matthew Heller | October 20, 2016

IRS Faulted Over Taxpayer Authentication

IRS Faulted Over Taxpayer Authentication

An in-house watchdog says authentication weaknesses have left tax account information vulnerable to "unscrupulous individuals."

By Katie Kuehner-Hebert | December 23, 2015

Experian Reveals Hack of T-Mobile Customer Data

Experian Reveals Hack of T-Mobile Customer Data

Cyber thieves accessed information on 15 million consumers that T-Mobile provided Experian for credit checks.

By Katie Kuehner-Hebert | October 2, 2015

New IRS Unit Targets Refund Cyber Thieves

New IRS Unit Targets Refund Cyber Thieves

Refund fraud — the kind in which a thief steals a taxpayer's identity and files a tax return to claim the victim's refund — is running rampant.

By Matthew Heller | May 7, 2015

Watchdog Finds IRS Cyber Security Still Flawed

Watchdog Finds IRS Cyber Security Still Flawed

The Internal Revenue Service needs to step up its security practices to protect financial and taxpayer data, says the Government Accountability Office.

By Matthew Heller | March 23, 2015

Anthem Discloses ‘Very Sophisticated’ Cyber Attack

Anthem Discloses ‘Very Sophisticated’ Cyber Attack

Wednesday's breach hit Anthem's database containing 80 million people.

By Katie Kuehner-Hebert | February 5, 2015

IRS Urged to Move Up W-2 Filing Deadline

IRS Urged to Move Up W-2 Filing Deadline

Both the GAO and the Treasury Department have proposed forcing employers to file W-2 information earlier to help stem tax fraud.

By Iris Dorbian | September 23, 2014