Data Breach Give Away your Life Savings? Press 1 | efani Partner TheNFG.com

Caller identity fraud

I am sure each one of us will either have directly experienced a fraud attack or know somebody close who has been a target. Attacks of this nature can range from a single unrecognized transaction on a credit card or a dubious claim on an insurance policy, right through to a full-on emptying of a bank account. Thankfully, in many instances, it is the provider who ultimately incurs the loss, but not without significant disruption for the victim. In every case, the victim will be left scratching their head, wondering where they exposed their details to the criminals or which of their past transactions was used to harbor the information.

While these criminal occurrences appear to be a one-time ‘hit-and-run’ event, it is often far more than a straightforward data breach that enables … read more here