Identity theft continues to be one of the principal reasons why companies and consumers should take responsibility for safeguarding and monitoring their credentials.... which are probably traded in the Deep and Dark Web.
CEO’s identity was used for false loan application in March
District Court declared Alf Goransson bankrupt on July 10
The man running Sweden’s biggest security firm was declared bankrupt this week after his identity was hacked. Though the sub-optimal branding implications were hard to miss, Securitas AB was able to put the whole awkward incident behind it by the end of the day. Alf Goransson, the company’s 59-year-old chief executive officer since 2007, won an appeal of the July 10 bankruptcy decision by the Stockholm District Court, according to a statement late Wednesday. The perpetrator used the CEO’s identity to seek a loan of an undisclosed amount, after which a bankruptcy application was filed in his name. The identity theft took place in March. Goransson didn’t know he’d been hacked until this week, the company said.