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Methods of protecting against identity theft
Methods of protecting against identity theft
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5 Tips to Protect Your Credit over the Holidays
Credit card fraud, data breaches, and identity theft often seem like only stories in the news that you hear in passing—until it happens to you or someone you know. Cases of these crimes have hit an all-time high, and it seems to get worse as thieves and scammers get more sophisticated, daring, and greedier. Victims are not just large corporations like Neiman Marcus and Michaels or financial institutions such as American Express; individuals lose credit cards, their identities, security numbers, bank balances, passwords, and sensitive personal information at an unprecedented scale today, especially during the holiday season.
Fortunately, credit information is not very difficult to secure. While being a victim to such theft can cost one a life and cause a lifetime of pain and suffering, preventing it is sometimes as simple as constant monitoring of your credit information, e.g. never letting your credit card out of your sight when making payment at the gas station or grocery store. To protect your credit history and identity over the holidays, here is a compilation of the five most important steps you should take right now.
1. Secure your online accounts and devices
Smartphones and tablets certainly make our lives easier—even better.
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The easiest way to check this is to ensure that the site or sites are verified by TRUSTe or other reputable personal credit and identity management service. Verified sites often have a privacy seal at the bottom of the secure page. It is also recommended that you check that the page’s payment url is secured and starts with “https://” not plain “http://”. When shopping at a physical store, keep a close watch of your credit or debit card, as a thumb rule, never let the card out of your
...only hear about the different ways that criminals are committing electronic fraud such as hacking in to somebody’s computer and stealing their credit or debit card information. There are also cases where peoples identities have been stolen and whole other lives have been built on them by another person. It all started with check fraud and although it’s not talked about as much anymore, it is still a very large concern for most business owners and people like you and me. The tips that have been provided for us can help protect us from fraud, but it is up to us to take the extra steps to prevent check fraud. We cannot sign up for check fraud protection the same way we could for credit or debit card protection or to help protect ourselves from identity theft. There are processes in place to help us once we’ve experienced check fraud but it is up to us to avoid it.
Identity theft has been a major issue of privacy and fraud. In the data breach analysis from the Identity Theft Resource Center (2013), the number of data breaches from the year 2005 to 2012 increased. In 2012, there had been 49% where the data breach exposed people Social Security Number. The data breach of 2012 has a rate of 27.4% caused by hackers. These breaches were commonly from 36.4% businesses and 34.7% health and medical (Identity Theft Resource Center 2013). The number of identity theft varies from physical possession to digital possession. At least one-fifth of trash cans contains papers listing people’s credit card number and personal information. People that throw away their trash mails contain much personal information that is useful to steal someone's identity (Davis, 2002). Technology becomes a need where people use it daily and as a result it has also become a use for identity theft as well. Throughout the years as technology develops so does identity theft. This paper shows the types, methods and technique used for identity theft, and it also examines possible risk of identity theft from current technology.
About 15 million United States residents have their identities and information used fraudulently each year. Along the use of their identities, they also had a combined financial loss totaling up to almost $50 billion. Major companies such as Apple, Verizon, Target, Sony, and many more have been victims of consumer information hacking. In each of the cases, millions of consumers’ personal information has been breached. In the article “Home Depot 's 56 Million Card Breach Bigger Than Target 's” on September 18, 2014, 56 million cards were breached due to cyber attackers. Before the Home Depot attack, Target had 40 million cards breached. Company’s information is constantly being breached and the consumers’ are the ones who end up having to pay the price. If a company cannot protect the information it takes, then it should not collect the information.
This is the way I discovered last year that I had become a victim of identity theft. Weeks and months later, I learned that, in addition to making fraudulent charges to my credit card, the criminals opened several cell phone accounts using my name, address, date of birth, and social security number. They even had the audacity to have two phones purchased illegally added to my existing, legitimate cell phone account. At times, I loathed opening my mailbox for fear of finding yet another invoice asking me to pay hundreds, sometimes thousands, of dollars for these lowlifes to buy and talk on cell phones. Should you ever find yourself in a similar, unfortunate situation, know that the Internet contains web sites that can he...
In the fall of 1998, the rampant rise in electronic credit card fraud led congress to pass the Identity Theft and Assumption Deterrence Act. This act prohibits, “ knowingly transfer[ring] or us[ing], without lawful authority, a means of identification of another p...
The primary use of stolen identities is for credit card fraud which can occur by an offender placing charges on a victim’s existing cards or by opening new accounts in his or her name. A common activity for these fraudsters is to change the billin...
III. Thesis Statement: Identity Theft is rapidly becoming a national issue because anyone of us could be a victim of identity theft. How we protect our self, keep our information private, identify any signs of identity theft, and report and repair our credit is up to each one of us. We have to be vigilant about our protecting ourselves from criminals.
Have you ever received a credit card bill at the end of the month with a ridiculous amount of money needed to be paid that you never spent? This is because of identity theft. The FTC estimates that each year, over 9 million people are affected by identity theft. According to Sally Driscoll, this is because almost anyone with a computer and a slight bit of computer knowledge can pull off identity theft. Experts also claim that identity theft is the fastest-growing crime in the world. Identity theft is a global problem that cannot be stopped without effective measures. The problem is, effective measures are very hard to come by when dealing with identity theft because almost any security protocol can be by-passed.
• Security. Security is a major issue, but all products provide security options: payment-on-accounts are password-protected and have specific buyer-only access rights.
"Identity Theft and Your Financial Life." Daily Record [Baltimore] 23 Aug. 2004, Special to the Daily Record ed.: n. pag. eLibrary. Web. 6 July 2011.
As I skim through the Chadwick’s mail-order catalog, I come across a woman, who looks as if she is in her mid-thirties, standing outside on the snow-covered ground. Her gloved hand is arched back in a ready-to-throw position with a snowball resting in her palm. The woman is wearing a ¾ length gray wool coat and black leather gloves, which catches my eye. The serene, white-topped leaves of the pine trees lean in different directions, waiting for spring to arrive. “Winter is a breeze if you buy this coat” is the message I receive from this friendly-gestured woman. This warm, easy feeling especially comes into play during the holiday season when we buy gifts for our friends and family.
As established by PCI DSS, our company needs to include different aspects to securely handle and store credit cards information. From the perspective of the Information Security Analyst we must to consider the following points:
How can I prevent Identity theft if I buy online with a Credit rating Card? Many risks to your online protection exist today. The risks of on the online purchasing are increasing daily. To secure yourself you need to discover out about these risks to your online bank credit cards purchasing experience and be prepared for every possible scenario. Below you will discover some advice about online bank credit cards transactions.
1. The site must provide payment by credit card through a secure server and an encrypted site; the lock code appears at the bottom of the browser as follows:
Your identity is unsafe in more places than you may realize. Every store you walk in has the possibility or either having someone behind the counter, or someone hacking into a business from outside, readily waiting to steal your identity. Using your credit card in any store is never safe no matter what signs are posted around the store, or how big the company is; it’s not always the people who work there that want your identity. The article Identity theft growing, costly to victims in The Arizona Republic, J. Craig Anderson ...