(IIS), today announced it has acquired award-winning data breach intelligence fintech Breach Clarity. As a result of the acquisition, Sontiq’s products – IdentityForce, Cyberscout, and EZShield – all built on its tech-enabled IIS Platform, will have the proprietary capability, BreachIQ™. Sontiq is the first provider in the identity security marketplace to offer consumers an AI-driven and proprietary personalized risk score with actionable next-steps based on their unique data breach history.
BreachIQ is powered by a patented, AI-driven algorithm developed by Breach Clarity Co-founder
Jim Van Dyke, one of the country’s foremost data breach experts. Van Dyke is also the founder of Javelin Strategy & Research, serves as a board member of the Identity Theft Resource Center, and is a former board member of the U.S. Consumer Financial Protection Bureau (CFPB). Van Dyke will join Sontiq as SVP, Digital Financial Wellness. Breach Clarity Co-founder,
Breach Clarity Acquired by Sontiq - Infosecurity Magazine infosecurity-magazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infosecurity-magazine.com Daily Mail and Mail on Sunday newspapers.
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A federal judge in Florida has handed a win to Ocwen Financial Corporation in the U.S. Consumer Financial Protection Bureau’s lawsuit seeking to hold the company liable for an array of alleged mortgage servicing failures, saying most of the claims are precluded by an earlier nationwide settlement.
U.S. District Judge Kenneth Marra in West Palm Beach on Thursday granted partial summary judgment to the company, represented by Goodwin Procter. The CFPB had alleged that inaccurate recordkeeping and other servicing failures had caused borrowers nationwide to be overcharged by more than $100 million and led to some illegal foreclosures.
Hit the organ-grinder, not just the monkey
Gareth Corfield Thu 4 Mar 2021 // 17:34 UTC Share
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US payments processing biz Brightspeed Solutions and its founder have been accused of handling $63m on behalf of tech support scammers who preyed on the elderly and less technically adept while posing as reps of Microsoft and Symantec.
The Illinois-incorporated LLC and chief operating officer Kevin Howard were accused by the US Consumer Financial Protection Bureau (CFPB) of processing payments “for over 100 merchant-clients who purported to provide virus software and technical support services, but actually scammed consumers into purchasing unnecessary and expensive computer software”.
“BrightSpeed processed remotely created check payments (RCCs) for entities that telemarketed antivirus software and technical support services to consumers,” alleged the US government agency in a court filing, adding: “Defendants’ Tech-Support Clients typically ta
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