Hackers finding innovative ways to commit identity theft

Cybercriminals are getting creative in their techniques to commit identity theft.

Published Fri, May 29 2015 6:20 AM CDT   |   Updated Tue, Nov 3 2020 12:07 PM CST

Cybercriminals want to victimize people in any way possible, including even collecting unemployment checks directly from the government. As much as $5.6 billion is taken in federal benefits fraud, stemming from identity theft and data breaches.

Hackers finding innovative ways to commit identity theft | TweakTown.com

Individual states and the federal government provide unemployment benefits directly to citizens, but if a person's personal information is purchased on the black market - and the fraudsters are able to file paperwork to collect the benefits. Each state must create their own system to identify - and stop - fraudulent claims, with thousands of suspected false forms submitted.

"The fact that this is so easy to commit is something that has been a real challenge to law enforcement because the fraudsters keep evolving, and they always find a new way to steal our identities," said Wifredo Ferrer, US Attorney for the Southern District of Florida, in a statement to CNN. "And all you need sometimes is a name, a date of birth and a Social Security number. And sometimes, you don't even need that to commit this crime."

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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