Financial Planning Roundup: 153 Million Drivers License Scans Made Illegally Available for Sale

Earlier this month, news broke that somebody was selling scans of more than 153 million drivers licenses. It appears that it’s the result of a breach at a company (IDscan.net) that provides ID scanning services for other businesses, such as Hertz car rental, Target, and FedEx.

This is up there with the 2017 Equifax breach in terms of total number of people affected (i.e., almost half the U.S. population). It’s depressing/infuriating that we have so little control of where our information ends up. And this event definitely reinforces the lesson that any account secured exclusively with “private” information is no longer sufficiently secured, as the bad guys increasingly have access to our private information.

• FBI Probes Service Selling 153M+ Drivers Licenses from Brian Krebs

Other Recommended Reading

• Jean Chatzky: How to Create a Forever Paycheck for Retirement (The Long View podcast episode with Christine Benz and Amy Arnott)
• Americans Deserve Better Oversight of Their Annuities from Bloomberg News
• How You Can Lose Your Entire Investment When Investing with Leverage (Borrowed Money) from Jim Dahle
• White House Mandates Agencies (Eventually) Use Login.gov for Public-Facing Websites from Christian Robles
• Vanguard’s Acquisition of Altruist is More About ETF Cost Than About Tech from Ben Henry-Moreland and Michael Kitces
• Here’s How Much Americans Rely on Social Security – at All Income Levels from Alicia Munnell
• Explaining the Rise in Alternative Investments in Public Pension Plans from Juliane Begenau, Pauline Liang, and Emil Siriwardane

Thanks for reading!