Why Are Fraudsters Targeting College Students?

As summer starts winding down, there is uncertainty what “back to school” will look like this fall in the midst of the COVID-19 pandemic. The news is continuously developing around whether students will be back in the classrooms, participating online, or doing a hybrid of the two. Either way, students will get back to learning, and as young adults go off to college it may open more than their minds to new ideas and doors to new opportunities; college may also open their eyes to issues often overlooked: experiencing identity theft and fraud. The 20 to 29 age group is most affected by identity theft, representing 33 percent of victims according to a 2019 Federal Trade Commission report.

Continue reading

1.4B Credentials Dumped, Dark Web Database Found

From Data Dump to Dark Web Database 

On Dec. 5, 2017, a massive database with data from over 300 data breaches was discovered on the Dark Web. This Dark Web database contains over 1.4 billion unique clear text, or publicly viewable, login credentials, which experts have confirmed are legitimate pairings.

To make a long story short, 41GB of publicly viewable data was dumped on the Dark Web. From there, the information became accessible via a “Dark Web database,” allowing hackers to search the aggregated data by password type, user, breach event and more.

Unlike a single data breach event, this database aggregates breached data from hundreds of big-name data breaches like Netflix, LinkedIn, Minecraft and Bitcoin. The database is even more concerning because the information was found in clear text – meaning that anyone with access to it can view it.  Continue reading