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Tag Archives: fraud

GSA Unveils Changes to SAM.gov User Info Verification, Login Procedures

The General Services Administration has established new controls for its online registration platform for government contractors and federal assistance requests in an effort to build on measures implemented earlier this year to address alleged fraudulent activity. GSA said it will no longer require entities creating or updating their registration in the System …

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ITRC Report: Data Breaches Compromise 57M Social Security Numbers in Government Sector Since 2005

A new report from the Identity Theft Resource Center says there were 6,013 reported cases of data breaches since 2005 across the government, financial services, healthcare and education sectors. The nonprofit organization collaborated with Arizona-based information security firm IDT911 on the study and found that nearly 6.2 million personal data have …

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House Oversight Panel Passes Proposed Bill on Fraud Prevention, Analytics

The House Oversight and Government Reform Committee has approved the proposed Fraud Reduction and Analytics Act of 2015, which seeks governmentwide guidelines for real-time measures to counter fraud at federal agencies. The office of Rep. Gerry Connolly (D-Va.) said Wednesday the bill also covers the formation of a working group that will utilize …

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SEC IG Asking Justice Dept. to Review Agency’s Madoff Probe

The Securities and Exchange Commission’s top auditor plans to ask the Justice Department to review whether an SEC lawyer broke conflict-of-interest rules during the agency’s investigation of convicted Ponzi schemer Bernard Madoff. According to Bloomberg, H. David Kotz, SEC inspector general, is completing a report on former counsel David Becker’s …

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Obama to Sign ‘Improper Payments’ Bill to Reduce Wasteful Spending

President Barack Obama will today sign the Improper Payment Elimination Act, which will require federal agencies to redouble their efforts to identify and recover billions of dollars lost every year to wasteful spending. According to the White House, improper payments — including checks issued to the wrong recipients, or recipients …

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FTC Stops International Credit-Card Scheme

A federal court has put a stop to a sophisticated international scheme that used identity theft to place more than $10 million in bogus charges on consumers’ credit and debit cards, according to the Federal Trade Commission. More than a million consumers were hit with one-time charges of $10 or …

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OMB Director Peter Orszag on Fraud-Fighting Initiatives

The Office of Management and Budget last week introduced two initiatives that will help reduce fraud and improper payments made to entities and individuals, cut government waste and create a more transparent government responsive to the American public, according to OMB Director Peter R. Orszag. Last week, President Barack Obama …

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Government, Big Corps Team Up to Squash Cyber Crime

In an effort to better fight online fraud, the private sector and the government have released a new online-fraud alert service designed to facilitate information sharing concerning compromised accounts. Microsoft, eBay and PayPal have teamed up with the National Cyber-Forensics and Training Alliance to launch a program that will help …

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