IdentityIQ Releases Report on Latest Scams to Goal Your Identification

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– The report exhibits fee app fraud and the theft of private paperwork rising together with the rise of AI voice cloning scams –Temecula, CA, June 27, 2023 – IDIQ®, a frontrunner in identification theft safety and credit score monitoring that includes the flagship IdentityIQ® model, as we speak launched a proprietary report reviewing identification theft developments from final yr in addition to the latest scams on the rise, the IdentityIQ 2022 Rip-off Report.This report explores key findings based mostly on IdentityIQ member-reported information and located vital jumps in two main kinds of scams: peer-to-peer fee apps using platforms resembling Money App, Zelle and Venmo, surging greater than 58%, and scams stemming from the theft of private paperwork, rising by 44%. The report compares member-reported information from 2022 to the earlier yr.The report additionally highlights the rise of AI voice scams as a big development in 2023. AI voice expertise permits scammers to create remarkably life like voices and convincingly imitate relations, pals and different trusted people.“AI voice cloning scams are the scariest factor I’ve seen within the final 20 years,” mentioned Scott Hermann, CEO of IDIQ and a cybersecurity and monetary skilled.Hermann mentioned, with only a quick voice clip normally taken from social media, a scammer can clone a cherished one’s voice and name a sufferer pretending to be that individual. The scammer deceives the sufferer into considering their cherished one is in misery to get them to ship cash, present private data or carry out different actions.“AI voice expertise has gotten to the purpose the place a mom can’t inform the distinction between her youngster’s voice and a machine – and scammers have pounced on this with a view to commit crimes,” he mentioned.The report shares methods the general public may help defend themselves from these scams, together with:Being cautious of unsolicited provides, requests, and callsAlways verifying identities, together with having a household “password”Utilizing sturdy cybersecurity practices, together with distinctive passwords, multi-factor authentication and VPNProtecting and monitoring private informationEducating themselves on the newest scams and developments as new scams proceed to come up.Scammers are additionally profiting from peer-to-peer fee platforms lack of safety, comfort and restricted refund insurance policies to steal from victims as a part of Money App, Zelle and Venmo scams. Fraudsters use the lure of a cuddly pet in pet deposit scams or supply to assist make investments and “flip” cash with enormous returns in money flipping scams. Being conscious of those scams – and by no means sending cash by way of these apps as a deposit to somebody you don’t know – helps customers keep away from fraud.The report signifies that, whereas on-line threats are rising, customers should proceed to guard their private data that may be discovered offline as effectively.“Whereas customers needs to be involved about their on-line presence, they shouldn’t overlook information vulnerabilities introduced by paper paperwork,” Hermann mentioned.As for the offline threats, mail theft, misplaced or stolen wallets and “shoulder browsing,” during which a scammer friends at paperwork with private data unbeknownst to the sufferer, had been essentially the most prevalent types of private doc fraud.“We hope the knowledge from the report retains the general public conscious of and secure from the most important scams we’re seeing as we speak,” Hermann mentioned. “As new developments emerge, we’ll proceed to assist customers defend themselves and their households.”That is the second report specializing in identification theft developments that IDIQ, by way of its IdentityIQ model, has launched this yr. In Might, IDIQ joined the Identification Theft Useful resource Middle, a nationally-recognized nonprofit group established to help victims of identification, to launch the 2022 Traits in Identification Report.For extra data or to obtain the IdentityIQ 2022 Rip-off Report, go to www.identityiq.com/2022-scam-report/.About IDIQ:IDIQ® is acknowledged as one of many fastest-growing business leaders in identification theft safety and credit score report monitoring. With the flagship IdentityIQ® model, the corporate delivers real-time alerts and credit score report data to not solely defend but in addition educate customers and companies. The corporate options 100% U.S.-based customer support and help. For extra data, go to www.IDIQ.com.

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