Get a Pentest and security assessment of your IT network.

News

Using Identity Theft for Unemployment Insurance Fraud

Unemployment insurance fraud, also known as unemployment claims fraud, is the collection of benefits from unemployment claims filed using false or inaccurate information. Identity theft victims of unemployment benefits are often left in the dark until they are approached by their human resources department for filing an unemployment claim while still employed. The proliferation of stolen PII in underground markets opens new doors for criminals looking to commit the fraud using stolen IDs. State agencies can use the large volumes of claimant data to accurately identify fraud. There are numerous analytics that can be performed on the data collected through online customer interactions.”]

Source: https://securityintelligence.com/using-identity-theft-for-unemployment-insurance-fraud/

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

SEA has stolen invoices that shows Microsoft charges FBI for user data

News

Greek police arrested a man running the BTC-e Bitcoin exchange to launder more than US$4bn worth of the Bitcoin