Identity theft

Credit Reporting Complaints from the Military Community

Credit Reporting Complaints from the Military Community

Yesterday, the Consumer Financial Protection Bureau (CFPB) released its fourth annual report detailing the complaints received from military servicemembers, veterans and their families. Since the CFPB first started taking complaints in July of 2011, the complaint volume has steadily risen. In 2015, the CFPB received thousands of credit reporting complaints from the military community. The reporting of inaccurate credit information was by far the most complained about followed by complaints about the credit reporting company's investigation process.

There has been more data breaches than days in 2016

There has been more data breaches than days in 2016

A data breach occurs when protected information is exposed to an unauthorized source. Since the beginning of 2016, one hundred and thirty-nine (139) data breaches have taken place in the U.S. These data breaches subjected at least 4,294,005 records to identity theft.

No country or entity is immune to data breaches; even ISIS. An article published on March 10 reports that an ISIS data breach disclosed the names, hometowns, blood types, and other personal information about 22,000 members. In the wrong hands, this kind of sensitive information could be deadly.