The United States Federal Trade Commission (FTC) Red Flags Rule, an unprecedented move in the federal government’s fight against id theft, has once again seen its deadline for nationwide compliance pushed back to accommodate requests from Congress.

Facebook, MySpace, Twitter and other popular social networking sites are coming under federal scrutiny both here in the U.S. and abroad over their privacy settings for users accounts.

A common misconception among consumers and some businesses is that Apple’s Mac line is invulnerable to the malicious software and crippling hacks that plague users of Microsoft Windows.

Visa has issued a warning that financial institutions should be on high alert for criminal activity.

Some say that the best defense is a strong offense. In the world of fraud prevention and online security, what better offense is available than training your employees to look for the same vulnerabilities as hackers and identity thieves?

No matter how well you think you know the tactics employed by identity thieves, the fast paced and deceptive nature of business fraud can still be surprising.

In an interesting post made to Krebs on Security last week, blog contributor Aaron Jacobson of Authentify revealed an interactive map charting the locations of all major banking fraud incidents reported on by Krebs, both at his current blog and former work for The Washington Post.