Tag Archives: Lifelock

Credit Card Issuer TCM Bank Leaked Applicant Data for 16 Months

August 3, 2018

TCM Bank, a company that helps more than 750 small and community U.S. banks issue credit cards to their account holders, said a Web site misconfiguration exposed the names, addresses, dates of birth and Social Security numbers of thousands of people who applied for cards between early March 2017 and mid-July 2018.

TCM is a subsidiary of Washington, D.C.-based ICBA Bancard Inc., which helps community banks provide a credit card option to their customers using bank-branded cards.

LifeLock Bug Exposed Millions of Customer Email Addresses

July 25, 2018

Identity theft protection firm LifeLock — a company that’s built a name for itself based on the promise of helping consumers protect their identities online — may have actually exposed customers to additional attacks from ID thieves and phishers. The company just fixed a vulnerability on its Web site that allowed anyone with a Web browser to index email addresses associated with millions of customer accounts, or to unsubscribe users from all communications from the company.

The upshot of this weakness is that cyber criminals could harvest the data and use it in targeted phishing campaigns that spoof LifeLock’s brand. Of course, phishers could spam the entire world looking for LifeLock customers without the aid of this flaw, but nevertheless the design of the company’s site suggests that whoever put it together lacked a basic understanding of Web site authentication and security.

The upshot of this weakness is that cyber criminals could harvest the data and use it in targeted phishing campaigns that spoof LifeLock’s brand. Of course, phishers could spam the entire world looking for LifeLock customers without the aid of this flaw, but nevertheless the design of the company’s site suggests that whoever put it together it lacked a basic understanding of authentication and security.

Oracle, LifeLock Settle FTC Deception Charges

December 21, 2015

The U.S. Federal Trade Commission this past week announced it reached settlements with software giant Oracle and identity protection firm LifeLock over separate charges of allegedly deceiving users and customers. LifeLock agreed to pay $100 million for violating a 2010 promise to cease deceptive advertising practices. Oracle’s legal troubles with the FTC stem from its failure to fully remove older, less secure versions of Java when consumers installed the latest Java software.

Are Credit Monitoring Services Worth It?

March 19, 2014

In the wake of one data breach after another, millions of Americans each year are offered credit monitoring services that promise to shield them from identity thieves. Although these services can help true victims step out from beneath the shadow of ID theft, the sad truth is that most services offer little in the way of real preventative protection against the fastest-growing crime in America.