Friday, October 10, 2014

Department Store ID Theft Ring Broken

Five employees of a Manhattan department store have been accused of being part of an identity theft ring. The ringleader allegedly stole customer identities and then had her four accomplices purchase luxury goods that were then sold on the black market.

Local as well as federal authorities, including the Secret Service and Homeland Security, were involved in breaking up the ring.

"Sales associates bought $400,000 in designer products that were resold on the black market."
- Manhattan District Attorney
It seems the department store learned of the identity thefts, which began in April, from a third party. Organizations seeking to proactively detect identity thefts and data privacy breaches can utilize low-cost on-demand SaaS analytics services.
Learn how to proactively detect identity theft and unauthorized breaches of data privacy, even by authorized users - with no hardware and no on-site software.
Sources:
(a) Saks Fifth Avenue employees busted in identity theft ring - www.NYdailyNews.com, 10/06/2014

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