Cyber Risk News

FBI data mining targets include insurance fraud suspects

The FBI is gathering and sorting information about Americans to help search for potential terrorists, insurance cheats and crooked pharmacists, according to a government report. Records about identity thefts, real estate transactions, motor vehicle accidents and complaints about Internet drug …

GAO: Identity theft cases limited compared to number of security breaches

While the Government Accountability Office fell short of offering recommendations, it released a report stating that many entities in the private, public, and government sectors have reported the loss or theft of sensitive personal information in recent years. A rapidly …

Business Moves

Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary Web-based technology platform for online application …

Declarations

Declarations Tandem response “It makes no sense for us not to plan all of our responses in tandem.” — Alabama Gov. Bob Riley as he and Mississippi Gov. Haley Barbour vowed to cooperate in the event of a storm, just …

FBI data mining targets include insurance fraud suspects

The FBI is gathering and sorting information about Americans to help search for potential terrorists, insurance cheats and crooked pharmacists, according to a government report. Records about identity thefts, real estate transactions, motor vehicle accidents and complaints about Internet drug …

FTC Finds Use of Credit Helps Consumers, Insurer Group Says

The Federal Trade Commission’s (FTC) study of automobile insurers’ use of credit has reaffirmed the strong connection between credit information and the risk of loss and has determined that its use helps to increase the availability and affordability of insurance …

Identity Theft Ring Arrested in La.

The Louisiana State Police reported that detectives with its Special Crimes Unit arrested three individuals on July 17 who are thought to be part of an identity theft ring operating in the Baton Rouge area. State Police detectives received information …

FBI Data Mining Targets Include Insurance Fraud Suspects

The FBI is gathering and sorting information about Americans to help search for potential terrorists, insurance cheats and crooked pharmacists, according to a government report. Records about identity thefts, real estate transactions, motor vehicle accidents and complaints about Internet drug …

Mich. Man Sentenced to 5 Years in Prison for ID Theft

A man convicted of trying to sell the Social Security numbers and other information for thousands of people to undercover agents was sentenced to five years in federal prison, authorities said. Binyamin Schwartz, 29, of Oak Park, Mich., was convicted …

GAO: Identity Theft Cases Limited Compared to Breaches

While the Government Accountability Office fell short of offering recommendations, it released a report stating that many entities in the private, public, and government sectors have reported the loss or theft of sensitive personal information in recent years. A rapidly …