Millions of Americans hand over personal information every day. They share their data with insurance companies, banks, investment apps, and other services they trust.
And that’s exactly why cybercriminals target and impersonate those services.
This week, an insurance provider disclosed a breach reportedly affecting nearly 7 million people’s driver’s license numbers, while a California journalist shared how a convincing fake Robinhood text ultimately cost her more than $70,000.
Here’s what happened, why these scams work, and what you can do to protect yourself This Week in Scams.
Nearly 7 Million Driver’s License Numbers Exposed in Insurance Data Breach
One of the largest U.S. data breaches of the year has exposed sensitive information belonging to 6.9 million people.
According to reporting from TechCrunch, insurance provider AssuranceAmerica confirmed that hackers accessed customer information after compromising an employee account. The company says the stolen data includes names, contact information, driver’s license numbers, insurance policy details, vehicle information, and claims data.
While the company has not said exactly how the employee’s credentials were compromised, it noted that the attackers targeted an employee account before accessing company systems.
Why driver’s license numbers matter
Unlike a password, you can’t simply change your driver’s license number.
Combined with your name, address, phone number, or other information from previous breaches, driver’s license numbers can be used by criminals to:
- Open fraudulent accounts
- Impersonate victims during identity verification
- Make phishing scams more convincing
- Support broader identity theft schemes
This is also part of a larger trend. In recent months, multiple breaches have exposed government-issued identity documents as more organizations collect IDs for identity verification and age-check requirements.
If you receive a notice that your information was involved in a breach, monitor your financial accounts closely, consider placing a fraud alert or credit freeze, and remain cautious of unexpected emails, texts, or phone calls referencing your insurance or driver’s license information.
Unfortunately, scammers will reach out saying they’re trying to “help” secure your stolen information, only to try and steal more personal data from you.
How McAfee Can Help Before, During, and After a Data Breach
Before a breach
Personal Data Cleanup helps reduce your digital footprint by removing your personal information from many data broker sites, limiting what scammers can easily find about you.
During a breach
Identity Monitoring alerts you if your personal information appears on the dark web or in known data leaks, helping you respond faster if your information is exposed.
After a breach
Scam Detector helps identify suspicious texts, emails, and links that often follow major breaches, while Web Protection helps block malicious websites designed to steal additional information or credentials.
Fake Robinhood Text Scam Costs Former News Anchor More Than $70,000
Even people who report on scams can become victims.
A former California television news anchor recently shared how she lost more than $70,000 after receiving what appeared to be a legitimate text message claiming there was suspicious activity on her Robinhood investment account.
The message instructed her to call a phone number for assistance. Once connected, the caller posed as Robinhood support before transferring her to a fake “fraud department.”
Believing she was protecting her investments from hackers, she was convinced to move her money into what she thought was a secure account. Instead, it went directly to scammers.
She later contacted Robinhood through the official app, but by then the money had already been transferred.
Why investment scams are becoming more convincing
Investment scams rely on urgency, authority, and impersonation rather than obvious phishing emails.
Rather than asking targets to “invest” immediately, many scams begin by convincing people that their existing account is under attack and immediate action is needed.
At McAfee, we’ve also seen scammers impersonate Robinhood, Charles Schwab, cryptocurrency platforms, and other investment services through fraudulent text messages and malicious links promising AI-powered investing, exclusive bonuses, or unusually high returns.
Whether the message claims your account has been compromised or promises incredible profits, the goal is often the same: get you to click, call, or transfer money before you have time to verify what’s happening.
Investment Safety Checklist
Before responding to any message about your investments:
✅ Never call the phone number provided in a text message or email. Instead, contact your financial institution using the number listed in its official app or website.
✅ Slow down when someone creates urgency. Claims that your account is being hacked or frozen are designed to make you act before you think.
✅ Be skeptical of guaranteed returns or AI-powered investment opportunities. Promises of extraordinary profits are a common hallmark of investment fraud.
✅ Verify alerts through your account directly. If you receive a suspicious notification, log in through the official app, not a link in the message.
How McAfee Can Help
With McAfee+, multiple layers work together before any damage is done:
Scam Detector flags suspicious texts, emails, links, QR codes, and even deepfake videos before you engage
Secure VPN keeps your data private, especially on public Wi-Fi
Web Protection helps block risky sites, even if you do accidentally click
Password Manager doesn’t just help you make unique, strong passwords, it keeps them stored and organized for you
Device Security helps detect malicious apps or downloads
Identity Monitoring alerts you if your personal info appears online in places it shouldn’t, so you can act fast
Personal Data Cleanup helps remove your information from sites selling it.
Online Account Cleanup assists in taking down your old, forgotten accounts across the web
Social Privacy Manager helps you monitor and change privacy settings across your social platforms in just a few clicks
Together, these protections are designed to address the broader range of online risks people face every day.