December 2012: Holiday Identity Theft Prevention Tips; What Data Breaches Mean to You
CORE ID Services

ID Theft: 2012 Trends & Threats

Newest threats, biggest breaches and more

As we look back on 2012, medical ID theft and tax return theft both emerged as two of the fastest growing, and most costly, forms of identity theft. And neither are detected by credit monitoring alone. That's why both our ARX-ID Essentials and Complete plans give you full ID Profile monitoring, to help catch all forms of identity theft.

2012 has been called "The Year of the Breach." See below for more info on what data breaches can mean to you, and which were some of the biggest breaches of the year.

Finally, Internet-based tactics like "phishing" and malware viruses stood out as two of the biggest threats to corporate data and personal information. To help you stay safe, we've added a Scam Alert section to CORE Concepts, alerting you to some of these new threats.

From CORE ID Services, we wish all of you a very happy holiday season, and a safe and secure New Year,

Daniel J. Benish
CORE ID Services, LLC

Data Breaches: What they mean to you

You may have heard about data breaches on the news, or even received a letter that you have been involved in one. What is a data breach, and why can they be a problem?

A data breach means that sensitive information has been exposed. It can happen by accident, by insider theft, or by an outside hacker. Often, the information is personal data, like Social Security numbers belonging to customers, patients, students, or employees -- in other words, people like you.

If your information is breached, it can open you up to identity fraud in a number of ways. For example:
  • Someone else can get medical treatment using your insurance.
  • A stolen password from one site can be used to get into your account on any other site -- if you use the same password.
  • Your personal data can be used to open new accounts or apply for loans.
  • An identity thief can file for - and receive -- your tax refund.
If your information has been exposed in a data breach, you should receive a notification from the organization who was supposed to safeguard it -- eventually. The law generally allows about 60 days -- or two credit card billing cycles -- before they must notify consumers.
Ongoing identity monitoring, such as we provide to our ARX-ID Complete customers, can help you detect fraud before you've even been notified that you were involved in a data breach.

If you do receive a data breach notification letter, contact CORE ID Services immediately, even if the letter says they will provide credit monitoring. Credit monitoring only detects about 19% of all identity theft, and would not detect any of the examples listed above. We will take action on your behalf to put the proper alerts and safeguards in place to help detect & correct all kinds of fraud.

2012 Data Breach Roundup

The reports are still coming in, but here were some of the biggest breaches in 2012:
  • Zappos - 24 million customers
  • Global Payment Systems - 7 million cardholders
  • LinkedIn - 6.5 million members
  • South Carolina Dept. of Revenue - 3.3 million taxpayers
  • Utah Dept. of Health - 780,000 patients

Don't let identity thieves steal your holidays! Check out our November issue for tips on avoiding shopping scams.

Looking for the perfect gift?

Protect your loved ones with ARX-ID Complete Family: Upgrade your coverage at to get full identity theft monitoring and recovery services for everyone in your household, including your children and older family members in your care.
FTC Guide to Mobile Apps for Kids

Scam Alert

Kids & Mobile Apps: Do your kids have a smartphone or tablet on their wishlist? The FTC has issued a warning to parents to be aware of what information apps are collecting and sharing.
Copyright © 2012 CORE ID Services, All rights reserved.