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Yahoo disclosed Wednesday a breach involving more than 1 billion users took place in August 2013. The company revealed the accounts including birthdates, emails, phone numbers, encrypted and unencrypted security questions may have been stolen by hackers in August 2013.
The company has not been able to determine how the data was stolen. Yahoo’s chief information security officer, wrote in a post announcing the hack, “We have not been able to identify the intrusion associated with this theft.”
This is a separate incident from the September revelation of at least 500 million user accounts compromised. This new attack could represent the largest hack of all time, and news of the breach dropped shares in after-hours trading about 2.5%. Yahoo is notifying the account users and will require them to change their passwords. The announcement could also have implications on the sale of Yahoo to Verizon for $4.8 billion, which has not yet been completed. Verizon has since said that it considers the hack a material event that may affect the terms and conditions of the acquisition. “As we’ve said all along, we will evaluate the situation as Yahoo continues its investigation,” a Verizon spokesperson told CNBC on Wednesday. “We will review the impact of this new development before reaching any final conclusions.”
As we are reminded again, your stolen data is in and of itself a valuable commodity and needs to be protected. Lifelock is a industry leader in Identity Theft Protection and helps protect its 4 million members by searching over a trillion data points every day for potential threats.
Do you have a Yahoo Account? Are you now worried about your data being compromised, stolen and resold? Even if you don’t have a Yahoo account but are wise enough to be proactive against the next data breach, Identity Theft protection is for you. You can sign up right now for LifeLock Identity Theft services by using the LifeLock promo code: LLC1030 and receive 10% off your membership as well as enjoy a 30 day Risk Free* trial of their services.
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LifeLock(LOCK.N), a US identity theft protection service, is to be acquired by Symantec(SUMC.O) for an enterprise value of $2.3 billion. This acquisition will form the world’s largest digital protection platform for consumers with hopes of an increase in sales at its Norton cybersecurity division.
Symantec’s purchase of LifeLock merges the #1 leader in consumer security with a leading provider of ID theft protection and recovery services. By offering each of the company’s consumer bases a broader protection, Symantec expects to experience added revenue through higher retention rates and ASPs.
Symantec CEO, Greg Clark stated in an interview, “(Norton) had been declining with the declines in PC market share. This acquisition brings $660 million in revenue to the consumer business and returns it to longer sustainable growth.”
This acquisition is in line with Symantec’s efforts to broaden its options. Earlier this year, in August, it bought Blue Coat Inc, which helps companies maintain security over the internet.
With the expected closing in the first quarter of 2017, Symantec said the deal is not expected to have a material impact on its financials for fiscal 2017.
Shares of LifeLock trades rallied 10% Monday, with Symantec up 4.5%.
The transaction is expected to be financed with cash as well as $750 million new debt.
Yahoo! confirms a massive data breach in which hackers have stolen account information on 500 million user accounts from as far back as 2014 and might be selling them online. According to a statement by Yahoo!, the stolen information included names, email addresses, telephone numbers, dates of birth and hashed passwords. However they are not able to yet confirm if unprotected passwords, payment card data or bank account information was also compromised.
Original reports of the breach go back to August when a hacker named “Peace” claimed to have stolen the user data. “Peace” who also goes by “Peace_Of_Mind” and “POM” had previously claimed responsibility for stealing over 165 million accounts from the business networking site LinkedIn, almost 70 million user account from the image blog Tumblr, 360 million accounts from the mother of social media websites, MySpace, 100+ million accounts from VK.com, a popular Russian social networking website, and over 70 million accounts from Twitter. All in all, it is believed that “Peace” had stolen the personal data from over 800 million accounts and now we can add 500 million more with his/her theft of Yahoo! user account data.
Security researchers have indicated that the Yahoo! user accounts are being actively sold on “the dark web” black market TheRealDeal. Users of dark web access sites through non-conventional web browsing techniques that implement encryption and advanced anonymity technology. Most online purchases of personal data occur using the electronic crypto-currency “Bitcoin” adding to the difficulty in tracking down buyers and sellers.
According to experts, data obtained in the black market can often be used to compromise additional accounts using a technique called “credential stuffing”. Since users often recycle their username and passwords, accounts linked to banking, social media, Netflix, Amazon and other online retailers are often easily compromised after your stolen data is sold off. In addition to monetary theft, hackers can use your newly acquired data to steal your loyalty points at hotel chains and airlines, points and rewards earned from online games, stored value in coffee and food cards and much more. Your data, once obtained by digital thieves is often combined, organized, bundled and then resold on underground digital markets.
As seen here, your stolen data is in and of itself a valuable commodity and needs to be protected. Lifelock is a industry leader in Identity Theft Protection and helps protect its 4 million members by searching over a trillion data points every day for potential threats.
Do you have a Yahoo Account? Are you now worried about your data being compromised, stolen and resold? Even if you don’t have a Yahoo account but are wise enough to be proactive against the next data breach, Identity Theft protection is for you.
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When did the government consider ID Theft a problem?
Identity theft has been an issue for many years. In 1998, Congress created a federal offense of identity theft. One case, for example, that helped bring them to this decision involved the criminal, a convicted felon, that bought homes, motorcycles, and obtained more than $100,000 in credit card debt ending in a bankruptcy filing in the victim’s name. He called and taunted the victim and his wife telling them he would continue as long as he could, as at this point it was not a federal crime. He got away with not paying restitution for all the harm he caused, yet the victim spent over four years and paid over $15,000 of his own money to restore his credit and reputation.
What is the Government doing to combat identity theft?
Since the passing of the Identity Theft and Assumption Deterrence Act (18 U.S.C. § 1028(a)(7))in 1998, a new legislation created an offense of identity theft prohibiting “knowingly transferring or using, without lawful authority, a means of identification of another person with the intent to commit, or to aid or abet, any unlawful activity that constitutes a violation of Federal law or that constitutes a felony under any applicable State or local law.” In most cases this offense carries a maximum term of 15 years’ imprisonment, a fine and criminal forfeiture of personal property used or intended to be used to commit the crime.
The Department of Justice prosecutes cases of ID theft under a variety of other statutes as well. Such examples are Identification Fraud (18 U.S.C. Â§ 1028), Credit Card Fraud (18 U.S.C. Â§ 1029), Computer Fraud(18 U.S.C. Â§ 1030) , Mail Fraud(18 U.S.C. Â§ 1341), Wire Fraud(18 U.S.C. Â§ 1343) , and Financial Institution Fraud (18 U.S.C. Â§ 1344). Each of these federal offenses are felonies that carry substantial penalties as high as 30 years’ imprisonment, fines and criminal forfeiture. Federal prosecutors work with the FBI, the United States Postal Inspection Service, and the United States Secret Service to prosecute Identity theft and fraud cases.
Should I Feel Safe Now From Becoming A Victim Of Identity Theft Or Fraud?
These statutes now allow the public to feel a bit more safe when it comes to protection from the government, however, we still need to be aware and monitor our own personal credit and finances. LifeLock is a great option for us to feel more secure. They not only monitor your personal situation, they protect you under the unfortunate circumstance that you do become a victim of Identity Theft. Using our exclusive LifeLock Promo Code: LLC1030 you will get 10% off and 30 days risk free* on any LifeLock product you choose! LifeLockcodes.com always has the most current and #1 promo codes for LifeLock protection.
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This tax season, you came prepared. You kept pristine records of your expenses and deductions all year, and you’ve even filed your return with the help of a trained and legitimate tax professional. You’re excited about getting the refund that you deserve, thanks to your supreme diligence. It’s finally here – that delicious refund that you’ve already allocated to savings, investment, family vacation, etc. – but when you open it, it’s not a refund at all. It’s a rejection notice informing you that a return has already been filed and approved under your social security number. Your refund was sent to someone else.
“What is Tax ID Theft?”
You may not be aware, but identity theft runs rampant during tax season. Tax ID theft is committed by perpetrators who collect social security numbers and file fraudulent returns with the IRS or state governments, collecting large refunds that belong to other individuals. The IRS has made improvements in recent years to reduce the risk and prevent suspicious returns from being approved – in 2013, while the agency did pay out $5.8 billion in fraudulent refunds, it also managed to block $24.2 billion from being approved. However, the threat is still great – the IRS has recently warned that the 2016 tax season has seen a 400% surge in phishing and malware incidents. For people who may be at risk, this figure doesn’t bode too well.
If you’ve never been a victim of identity theft, you may feel like it could never happen to you. On the other hand, you might just assume that the major risk factors are essentially beyond your control. The reality? Most tax ID theft is a result of people not being careful with their information.
“How can I minimize my risk?”
First of all, there are basic measures that everyone should be taking to prevent not just tax identity theft, but ID theft of all kinds:
- Protect your financial information. Always shred financial statements and other documents containing personal information when you're not planning to keep them on file in a secure place.
- Never carry your Social Security card in your wallet or on your person unless you specifically need it that day. Likewise, don’t carry any documents that display your SSN or ITIN.
- Whenever a business or agency asks for your SSN or ITIN, don’t assume that they need it. Only provide it when required.
- Check your credit report for any suspicious accounts or activity at least once every 12 months.
- Make sure that you have up-to-date firewalls and anti-spam/malware software on your computer, and change your Internet account passwords regularly.
Most importantly, remember that the IRS will never ask for your log-in credentials, SSN, or other personal information via unsolicited calls, texts, or emails. No matter how official an email or corresponding website looks, if you’re asked to provide this kind of information, you are more than likely being targeted by a “phisher” who is planning on using it fraudulently. Moreover, you may be a victim of identity theft if you receive a notice from the IRS stating a change or discrepancy in the number of returns you filed, the refund you’re expecting, a balance you owe, the wages you earned, or the benefits you’re due. If you believe that such a notice is the result of ID theft, respond immediately by calling the number provided with the notice.
“Great! So I'm safe now, right?”
Well, not exactly…
These simple steps will go a long way toward reducing your risk, but the reality is that identity theft methods are growing more and more sophisticated every day. If you’re really interested in maximizing your ID security, you may want to consider LifeLock. LifeLock’s job is to stay one step ahead of the trends and developments in identity theft to provide leading protection for the personal and financial information of thousands of members worldwide.
At the LifeLockCodes.com blog, we’re not only here to provide you with breaking news and valuable information in ID security – we also have access to the deepest discounts available anywhere for LifeLock services. Subscribe or check back in for our latest updates, and be sure to check out LifeLock for the best in identity theft protection.
ALERT: Landry’s Inc. Releases Latest Information on Long-Term Credit Card Security Breach – Affected Locations in the HundredsWritten by James Bock
On Jan. 29, 2016, Houston-based hospitality company Landry’s Inc. finally released a statement detailing the findings of its investigation – launched in Dec. 2015 – regarding a major credit card breach targeting a formerly unknown number of the company’s nationwide locations.
On Dec. 17, 2015, a well-known security blogger and reporter broke the story of this potentially massive and ongoing attack targeting Landry’s Inc., whose popular locations nationwide include Bubba Gump, Rainforest Café, Claim Jumper, McCormick & Schmick’s, and Morton’s Steakhouse. These are only some of the restaurants ultimately targeted by the attack. The company, under the leadership of Texas billionaire Tilman Ferttita, was quick to acknowledge the security breach. However, citing an immediate investigation, the company declined to make any statement regarding the scope of the attack’s timeframe or its number of affected locations and customers – information that the company had yet to provide until Friday’s statement.
Here's what we know...
According to the statement, the attacks began targeting a number of the company’s “restaurants, food and beverage outlets, spas, entertainment destinations, and managed properties” as early as May 2014. The specific windows in which locations may have been affected were found to be from May 4, 2014 through March 15, 2015 and from May 5, 2015 through Dec. 3, 2015. In addition to the statement, Landry’s Inc. has published an online list of affected locations along with the respective timeframes in which each one was at risk, and while the company hasn’t specifically stated the number of locations breached, it’s not hard to do the math. The list includes multiple locations – sometimes in the dozens – of over 40 different restaurants nationwide.
The investigation began promptly after Landry’s Inc. was alerted to patterns of suspicious activity regarding payment cards that had been legitimately used at some of the company’s locations. Findings conclude that identity theft perpetrators succeeded in criminally installing a program onto payment processing devices at many of the company’s business locations and managed properties. The program was designed to collect data from the magnetic strips of payment cards swiped on affected devices, including the cardholder’s name and the card’s number, date of expiration and internal verification code. This information could be encoded onto new, fraudulent credit cards which could then be used to make purchases at big box retailers such as Best Buy and Target.
Landry’s Inc. claims that the investigation utilized the expertise of a leading cyber security expert and included cooperation with payment card networks and law enforcement to address the problem as swiftly and thoroughly as possible. In addition, end-to-end encryption measures have been implemented to prevent similar attacks in the future (a system that was already in development prior to the company’s knowledge of security breaches), and Landry’s Inc. continues to support law enforcement’s ongoing investigation. Potentially affected customers are encouraged to vigilantly watch their account activity and report any suspicious activity right away in order to have fraudulent charges waived.
For more breaking security news, keep checking in with the LifeLockCodes blog for the most current events and updates in the cyber security world. LifeLockCodes is not only committed to providing readers with important information, news and breaking alerts – we also provide the best discounts and promotional codes available for LifeLock, the leading provider in proactive identity theft protection services for thousands of consumers worldwide. For maximum peace of mind in today’s world of connectivity, find out more about LifeLock’s range of custom plans and get the best deals possible here at LifeLockCodes.
Landry’s Inc.,Reports Massive Credit Card Breach at major restaurants including Bubba Gump, Claim Jumper, McCormick & Schmick’s, and Morton’s.Written by Administrator
Reports now indicate that Landry’s Inc., a company that manages a nationwide stable of well-known restaurants — including Bubba Gump, Claim Jumper,McCormick & Schmick’s, and Morton’s has suffered a major credit card data breach.
Update: The full statement by Landry's can be read here
Stay Tuned For More Information...
Cyber crime, hacking and identity theft have a long history in our modern high tech society. We at LifeLockCodes wanted to share with you a recommendation for an excelent book that take a look into this fascinating and dangerous digital underworld. Do you hear news everyday on the latest hacking attack, but just don't quite understand what it is all about? Well this is the book for you. In BIT WARS, Dr. Thomas Hyslip presents the history of cybercrime, hacking and information warfare that has lead us to where we are today. Espionage, Stuxnet, Cyber Terrorism, Anonymous, TOR, the Deep Web, Identity Theft, they are included.
Hacking started as a quest for knowledge and curiosity, but has become a worldwide problem with no end in sight. The Center for Strategic and International Studies estimated the annual cost of cybercrime at more than $445 billion annually. Furthermore, the number and sophistication of attacks has steadily increased. In 2014, Target and Home Depot were victims of large scale point of sale attacks, and millions of credit and debit cards were stolen. Ebay lost the account information of over 233 million users, and Sony was attacked by North Korea in retaliation for the movie, “The Interview.”
Read about it all in BIT WARS: Cyber Crime, Hacking and Information Warfare, and understand why you should be concerned.
Identity theft has it's roots in the ever growing arena of cyber crime. While there is no way to fully protect yourself, there are things you can do to help reduce the risk. LifeLock is a leader in identity theft protection services and has been for years. Of course you can always turn to LifeLock Codes for the best discounts and promo codes available for LifeLock. Recently LifeLock and the LifeLockCodes.com website were recommended by Dr. Thomas Hyslip, author and leading expert in cyber security and data theft.
Dr. Thomas Hyslip is the Resident Agent in Charge of the Department of Defense, Defense Criminal Investigative Service (DCIS), Cyber Field Office, Eastern Resident Agency. Prior to joining the DCIS in 2007, Dr. Hyslip was a Special Agent with the US Environmental Protection Agency, Criminal Investigation Division, and the US Secret Service. Throughout his 17 years of federal law enforcement, Dr. Hyslip has specialized in cybercrime investigations and computer forensics. Dr. Hyslip has testified as an expert witness on computer forensics and network intrusions at numerous federal, state, and local courts.
Dr. Hyslip is also a Lieutenant Colonel in the U.S. Army Reserves and is currently assigned as an Assistant Professor of Preventive Medicine at the F. Edward Hébert School of Medicine, Uniformed Services University of the Health Sciences. LTC Hyslip has a mix of active duty and reserve assignments spanning over 20 years including assignments with the US African Command, Office of Inspector General, the Department of Defense, Office of Inspector General, and the US Army Reserve Information Operations Command. In 2005 LTC Hyslip deployed to Iraq with the 306th Military Police Battalion and earned a Bronze Star, Purple Heart, and Combat Action Badge.
Dr. Hyslip is currently an adjunct faculty member at Norwich University and Wake Technical Community College. Dr. Hyslip received his Doctor of Science degree in Information Assurance from Capitol College in 2014. Dr. Hyslip previously obtained a Master of Science degree from East Carolina University and a Bachelor of Science degree from Clarkson University. Dr. Hyslip holds numerous industry and government certification including the Certified Ethical Hacker (C|EH), NSA-IAM, and SCERS from the Federal Law Enforcement Training Center.