Identity theft by a parent is much more personal — and hurtful — than being scammed by a stranger. And it’s sadly common. Each year, one in 50 children in the U.S. is said to fall victim to identity theft (3) and more than two-thirds of these victims know the person who stole their identity (4).Here’s what we advise for Dmitri, or anyone of any age who learns that a relative has used their personal information to commit fraud.Dmitri has started the process of notifying his bank and freezing his accounts, bu ...

If a data breach or identity theft ever compromise your personal financial information, there are some immediate steps you should take to safeguard your account: https://t.co/SKTV1zU7ak https://t.co/67NPOkBfgn ...

Core Points - A Texas woman revealed her soon-to-be ex-husband opened credit cards in their children's names, accumulating significant debt and depleting his retirement account to pay it off [1] - The husband is now requesting legal documents to absolve him of wrongdoing, which the personal finance expert Dave Ramsey strongly opposes [2] Group 1 - Dave Ramsey labeled the husband's actions as "criminal fraud" and a clear case of identity theft, emphasizing the severity of the situation [2] - Ramsey advised the woman not to sign any documents except those that would lead to her husband's arrest, highlighting the need for legal action [2] - The importance of freezing children's credit to prevent further fraud was stressed, as it would block any future attempts to open credit accounts in their names [3] Group 2 - Ramsey urged the woman to pull her children's credit reports immediately to assess the damage and to report the crime to the police [3] - He expressed distrust towards the husband, stating that anything he says should not be believed, reinforcing the notion of his deceitful character [3] - Co-host Rachel Cruze supported Ramsey's advice on the necessity of monitoring children's credit to protect against identity theft [2][3]

[Music] The Social Security Administration's Chief Data Officer, Charles Borges, submitted a quote, "Involuntary resignation yesterday after he said in in an email obtained by NBC that he faced intolerable work conditions in retaliation after his whistleblower complaint about an alleged major major security risk went public. He alleged that Doge uploaded a copy of a critical social security database to a vulnerable cloud server in June. and by doing so put the personal information of everyone who has ever a ...

Data Breach Response - In the event of a data breach or identity theft compromising personal financial information, immediate action is necessary to protect accounts [1] Security Measures - Individuals should take immediate steps to safeguard their accounts if personal financial information is compromised [1]

Acquisition Overview - Palo Alto Networks is acquiring CyberArk in a deal worth approximately $25 billion [1] - The deal is composed of stock, allowing CyberArk shareholders to participate in the combined company's future [10] Strategic Rationale - Palo Alto Networks aims to create a comprehensive cybersecurity platform by integrating identity security [13] - The acquisition addresses the increasing threat of credential theft, which drives 88% of all brand server attacks, especially with the rise of AI [3] - CyberArk's identity security focus is viewed as a security problem, differentiating it from competitors who see it as a connectivity issue [18] - Palo Alto Networks believes it can accelerate the growth rate of CyberArk's identity platform [14] Synergies and Future Outlook - The combined entity expects to achieve top-line benefits through merged go-to-market capabilities and accelerated innovation [15] - Palo Alto Networks anticipates cybersecurity consolidation and believes scale is crucial, especially in the enterprise market where scale begins after $10 billion [12][13] - The company believes a billion-dollar entity should be part of a larger organization to deliver leverage and scale for high cash flow and margins [16]

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Legal & Compliance - Former Congressman George Santos began a seven-year prison sentence after pleading guilty to federal wire fraud, identity theft, and lying about his personal background [1] - Santos was expelled from Congress in 2023 following initial charges [1] Political Impact - Santos turned himself into a federal prison in New Jersey [1] - Before imprisonment, Santos thanked his supporters on X [1]

“My name is Matt Keirans”It sounds like a perfectly normal sentence, but as 1843 magazine explains, this confession brought a 35-year-old lie to an end https://t.co/doYPFoH2Gg ...

Industry Trend & Risk Awareness - The industry faces a growing threat from love scams and deep fakes, impacting individuals and families [3] - Scammers use stolen identities to build relationships and defraud victims of money [3][4] - Cybercriminals are evolving their methods, including using QR codes for phishing [16][17] - The Philippines ranks seventh globally in connection to love scams [15] Individual & Corporate Security Measures - The industry emphasizes the importance of regularly changing passwords and setting social media profiles to private to mitigate risks [18][19] - It is crucial to be vigilant about dubious links and requests for money in messaging apps [17] - Encourages individuals to report suspicious activity and break the stigma surrounding scams [21][22] Data & Statistics - In 2023, Filipinos may have lost around 10 linked to romance scams, increasing to 45 in 2024 [15] - Globally, approximately 1,000 people are linked to romance scams [15] - One victim lost $2,000, equivalent to approximately 9 to 11 million Philippine pesos [8]