Identity Theft Resource Center

July 27, 2020

Business ID Theft Soars Amid COVID Closures

This post was originally published on this siteIdentity thieves who specialize in running up unauthorized lines of credit in the names of small businesses are having a field day with all of the closures and economic uncertainty wrought by the COVID-19 pandemic, KrebsOnSecurity has learned. This story is about the victims of a particularly aggressive business ID theft ring that’s spent years targeting small businesses across the country and is now pivoting toward using that access for pandemic assistance loans and unemployment benefits. Most consumers are likely aware of the threat from identity theft, which occurs when crooks apply for […]