Security News > 2020 > July > Business ID Theft Soars Amid COVID Closures

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.

In 2019, Dun & Bradstreet saw more than a 100 percent increase in business identity theft.

In some cases, the scammers create dashboard accounts in the business's names at Dun & Bradstreet's credit builder portal; in others, the bad guys have actually hacked existing business accounts at DNB, requesting a new DUNS numbers for the business.

At the same time, her business was used to open a new lease on a virtual office space in Florida that also began receiving packages tied to other companies victimized by business ID theft.

Dun & Bradstreet does offer a free version of credit monitoring called Credit Signal that lets business owners check their business credit scores and any inquiries made in the previous 14 days up to four times a year.

News URL

https://krebsonsecurity.com/2020/07/business-id-theft-soars-amid-covid-closures/