Archive for December, 2011

More than $20M Stolen from Banks, Individuals and Nassau County Government

December 16, 2011  |   Biometric Signature,identity Theft,Passwords,Security News   |     |   Comments Off

Nassau County District Attorney Kathleen Rice has announced that the kingpin of the largest mortgage fraud and identity theft ring in Nassau County history has been sentenced to four to 12 years in prison for his role in leading an organization that stole more than $20 million from homeowners, banks, and the Nasssau County government. The DA explained that in order to accomplish this, Sweet Deal recruited individuals to impersonate the seller and buyer, whose identities had been stolen. Sweet Deal also assigned a member of Sweet Deal to impersonate a paralegal and also stole an attorney’s identity to set up a bank account to launder money through. Read the rest of this Westbury Times article from 16 December 2011 by clicking here.

FBI to Get More Cybercrime Agents

December 14, 2011  |   Biometric Signature,identity Theft,Passwords,Security News   |     |   Comments Off

The FBI is one of a handful of U.S. agencies tasked with investigating computer crimes and one of the many roadblocks that has stood in the way of more successful cases and prosecutions is a lack of resources, mostly in the form of trained agents. It looks like the bureau will be getting the money in 2012 to hire more agents for its cybercrime unit, but the 14 new agents included in next year's budget still aren't nearly enough to address the full scope of the problem in the U.S., let alone globally. In its budget request to Congress, the FBI has asked for $166.5 million--or $18.6 million more than 2011--for its efforts to investigate and fight computer crimes. Much of the increase is earmarked for new personnel, specifically 42 new positions, including 14 special agents. There also is money meant to be used for training and other functions within the ...

Latest News

  • Jeff Maynard CEO of Biometric Signature ID Participates at IDESG Conference for Online Privacy
    05/10/2013

    Jeff Maynard CEO of Biometric Signature ID Participates at IDESG Conference for Online Privacy  Dallas May 10, 2013. Biometric Signature ID (BSI) CEO Jeff Maynard attended the Identity Ecosystem Steering Committee Group (IDESG) meeting this week to take part in discussions about online privacy and its continuous importance in cyberspace.  The meeting held in Santa [...]

  • NSTIC-led ID plan earmarks $4 million to secure state government services
    04/03/2013

    The two-year-old initiative to create an identity layer for the internet is backing a set of projects aimed at creating identity-based security to support state and local government services online. Read More

  • Gesture Recognition & Touch-less Sensing Market Worth $12.21 Billion by 2018
    04/03/2013

    According to a new market research report Gesture Recognition & Touchless Sensing Market (2013 – 2018): By Technology (RFID, IR, Capacitive); Product (Biometric, Gaming, Smartphone); Application (Healthcare, Consumer Electronics, Automotive); Geography (Americas, EMEA, & APAC), the total touchless sensing and gesture recognition market is expected to reach $15.02 billion by 2018 growing at a CAGR of 34.94% from 2013 to 2018. [...]

  • Two-Step Verification Will End Consensual Impersonation
    04/03/2013

    A couple of months back, I advocated killing your password policies and applying some other techniques instead to make existing use of passwords more effective (including my hobby horse: take the user-experience sting out of rotating ordinary static passwords by pushing them out to users on an alternate channel, à la activation codes and other [...]

  • Click and Go Vote: PA politician proposes online registration
    04/03/2013

    HARRISBURG — It’s possible in these days of instant connectivity to monitor nearly every financial, physical and social transaction using the Internet – from banking to travel, and from dieting to dinner reservations. Read More