「華人戴明學院」是戴明哲學的學習共同體 ,致力於淵博型智識系統的研究、推廣和運用。 The purpose of this blog is to advance the ideas and ideals of W. Edwards Deming.

2017年10月11日 星期三

台灣的遠東銀行遭駭18億;Theft of Equifax data ;道瓊通訊社技術失誤,誤發 Google 購併蘋果的假新聞

蘋果莫名其妙被道瓊通訊社判給 Google ,雖事後已聲明是誤會一場,卻也影響到了當天蘋果的股價走勢。

美國道瓊通訊社 10 日聲稱因平台技術問題,誤發數則假新聞,其中更有出於已故蘋果創辦人賈伯斯(Steve Jobs)的遺願,讓 Google 以 90 億美元收購蘋果的虛構內容。 錯誤的報導內容寫道:Google 將以 90…

Google收購蘋果(Apple)?美國道瓊通訊社(DOW JONES)在周二美股開盤不久發送一串聳動新聞標題,指Google以90億美元(約2721億元台幣)超低價收購蘋果(紅框處),而Google創辦人佩吉早在2010年就與蘋果已故創辦人賈伯斯談妥,最後結果是烏龍一場


遠銀遭駭18億刑事局:被逮車手供稱還有共犯| 遠銀遭駭盜鉅款| 社會

聯合新聞網 · 2 days ago

釣魚信讓遠銀遭駭18億? 傳FBI擬來台協助辦案- 社會

自由時報 · 10 hours ago


NOWnews 今日新聞 · 11 hou

Fraud grows more common in mortgage applications

Overall fraud risk in the home mortgage field is up by 16.9 percent in the most recent 12-month period tracked by data analytics firm CoreLogic. (iStock)

Fraud in connection with home mortgages is on the rise, ranging from little white lies about the intended use of the property all the way up to much more sophisticated schemes.
What, you ask, does this have to do with me? Maybe more than you think, especially if you end up on the wrong end of it and have no clue about what’s going on.
Overall fraud risk in the home mortgage field is up by 16.9 percent in the most recent 12-month period tracked by data analytics firm CoreLogic. And of all types of application fraud, the risk of what is called “occupancy” misinformation — where “applicants deliberately misrepresent their intended use” of the property — is rising the fastest. This includes cases in which borrowers lie about whether they intend to live in a house or rent it out. (Applicants who promise to live in the property generally qualify for lower interest rates and down payments; investors in rental homes get charged more.)
Application fraud was found in 1 of every 122 mortgage applications during the first two quarters of 2017, according to Bridget Berg, CoreLogic’s senior director of fraud solutions strategy. During the same period in 2016, 1 of every 143 loan applications had signs of fraud. Among the varied types of fraud tracked by Berg’s company were misrepresentations on the sources of down-payment money as well as on income amounts and employment; undisclosed debts; and games played with appraisals.
Other companies that monitor mortgage fraud confirm that fraud has increased and may be headed in worrisome directions. Mark Fleming, chief economist for First American Financial, says the recent massive hack of personal data at credit bureau Equifax, where files on 145.5 million consumers were accessed, could open the door to far more sinister forms of application fraud.

In an interview, Fleming told me that given the unprecedented range and depth of the information stolen in the Equifax breach, “the risk of identity-based fraud and misrepresentation is certainly elevated. To the extent that more people have their information out there,” the greater the danger, he said.
That risk may be increased further by the apparently slow-moving pace of many American consumers to protect themselves from mortgage and credit-card fraud by freezing or locking down their files at the three major credit bureaus — Experian, Equifax and TransUnion — as well at the fourth, smaller bureau, Innovis. According to an estimate by one expert, Avivah Litan of Gartner Research, only about 2 to 3 percent of consumers have freezes on their credit files, and only around 5 percent ultimately may be jolted into doing so following the Equifax heist. According to a report by Bloomberg News, Credit Sesame, which operates a popular online credit-scoring and monitoring service, found that as of Sept. 25, less than half of 1 percent of 4.5 million TransUnion credit profiles had a freeze on their reports.

Why is this troubling from a mortgage-fraud perspective? And what’s the relevance for me as a homeowner or buyer?
With the extraordinarily detailed and sensitive information that hackers and their customers may now possess on millions of Americans — Social Security numbers, driver’s licenses, credit card numbers, home addresses and more — they may be able to create fake identities that are credible enough to fool banks and other lenders into granting home equity lines of credit and other mortgages in their names, making off with thousands of dollars in the process.
Consider the arrest last fall in New Jersey of a team of alleged identity thieves following an investigation by federal agencies. The scammers allegedly used stolen and fictitious personal identities they created to convince lenders to approve three home equity lines of credit (HELOCs) and four mortgages. The total reported take: nearly $1 million. Although most major lenders have software packages designed to spot signs of identity fraud, cases like this keep popping up and may become more frequent with the availability of so much detailed information from Equifax files floating around on dark websites, now or in the months and years ahead.
What does this all mean for you? At the very least, be aware that any form of mortgage fraud — including falsehoods about intended occupancy — may constitute bank fraud, which is a federal crime. And get defensive if you haven’t already done so: Freeze your credit reports at all the credit bureaus. Identity thieves should find it much more difficult to take out a new loan in your name if your credit files are locked down.
Ken Harney’s email address is kenharney@earthlink.net.