Remove Breach Remove Enrollments Remove Social Security
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Healthcare.gov Hack Exposes Consumer Data

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The Centers for Medicare and Medicaid Services ( CMS ) confirmed on its website that it was the victim of a data breach in October — the Marketplace system used for agents and brokers was hacked. HealthCare.gov is safe to use, and the agent and broker system is now available again with additional security measures in place.

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Digital Identity, (Way) Beyond The Social Security Number

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The more individuals leave a trail of information across websites, the more tempting the targets are for hackers to make off with everything from Social Security numbers to health care information. Your security question with your dog’s name? The more business is done online, the more fraud makes inroads. They ain’t cutting it.

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Equifax Offers Free Credit Monitoring — Via Rival Experian

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Equifax has extended its free credit monitoring to all Americans affected by last year’s massive data breach , but this time, it’s using a service offered by rival Experian. You have until January 31, 2019, to enroll in this extension of free credit monitoring through IDnotify , a part of Experian.”.

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Digital Identity Takes On Medical Data Theft

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With data showing that 45 percent of all 2019 data breaches — and there were a lot of them — involved medical records theft, costing healthcare providers $429 per compromised patient record or nearly $18 billion, organizations can’t be confused about their value to cyberthieves. Medical Records = Dark Web Gold.

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GIACT On Why Faster Payments Don’t Have To Mean Faster Fraud

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If businesses understand the customer they have enrolled, and they know who they are consistently, there are a lot fewer issues with running payments in real time or same day. The problem may be visible with the payment, but it started at the enrollment process when the criminal was allowed access into the system. What’s Next.

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Synthetic Identities, Tailor-Made For Fraud

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But in the world of identification fraud, there’s a greater sea change afoot, one that stretches farther than the impact on any one firm, or even the millions of adults targeted in the most brazen of breaches. This estimate was made well before the costs of the Equifax breach, though, so plan on the actual figure being quite a bit higher.

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What Is Data Tokenization and How Does It Work?

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With payment tokenization, the actual credit card data isn’t stored thereby making digital payment transactions more secure. Besides the enhanced data security, other benefits include reduced risk of breaches, easier regulatory compliance, and compatibility with legacy systems. What are the benefits of data tokenization?