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Written by Admin on February 9, 2010.
Following is an exclusive podcast with Anne Wallace, President, ITAC, the Identity Theft Assistance Center. Ms. Wallace discusses the finding of the Javelin Strategy & Research 2010 Identity Fraud Survey, which confirms that Identity Theft Assistance Center model is effective at detecting and preventing ID theft.
Written by Admin on February 9, 2010.
Picture yourself walking down the street, all alone. It’s late at night. It’s a bit brisk, and the wind is blowing through the tall buildings on both sides of you. Suddenly, from out of nowhere, someone runs by you, knocks you over, grabs your wallet, and takes off.
It sounds like a scene from a movie, and there may come a time in the future where this type of person-to-person crime is only found in movies. Why would anyone rob a bank, or rob an individual, when they could simply use a person’s information to obtain employment, credit cards, and lines of credit?
By now, everyone knows what Identity Theft is. Identity Theft has been showing up in the news for several years, and there has been a large public awareness campaign since the FTC Report in September 2003.
In their report, the FTC shared that the average Identity Theft victim spends over $1,400.00, and more than 200 hours, just to clear their good name. Repor
Written by Admin on February 8, 2010.
It is scary in this day how careful people must be. You cannot talk to a stranger on the street and wonder if the small details of your world will make you a candidate for identity theft or not. You have got to take precautions and even mother your information more than is probably necessary, including seeing what identity theft companies have to offer. It is only in this way that you can put up good defenses when it comes to identity protection.
The hard thing is with job applications. People are living in troubled times, which means there are many people out of work. This also means that criminals are getting more creative in order to enhance their own paychecks.
Many people have been smart enough to catch on to and report bogus calls for jobs. Criminals may pay to put a small ad in a paper or a free ad online.
Written by Admin on February 7, 2010.
Robert Siciliano Identity Theft Expert
A recent study by Dutch investigation firm Ultrascan shows we are half as smart (or twice as dumb) as we were in 2008 as advanced fee scams doubled in losses to over $9 billion. 419 Advance Fee Fraud Statistics 2009 (PDF)
It is believed that while the scams are known to be Nigerian in nature, coined after the 419 Nigerian code making them illegal, scams were launched from 69 other countries in 2009. The reason for the jump in the amount of victims is due to a broader reach of the scammer. Scammers aren’t just targeting English speaking nations anymore. As people in developing countries get computers and a connection to the Internet, they become susceptible to the same old scam other countries got snagged by a decade ago.
Big targets have become China, India, South Korea, Vietnam, and others. M
Written by Admin on February 6, 2010.
Over 100,000 Britons every year become victims of identity fraud and the figure is set to double by 2010. And no wonder. Your identity is among your biggest assets, valued at around 85,000.
The Government estimates that the UK economy loses 1.7billion every year due to identity theft. No wonder it is reckoned to be the UKs fastest growing crime.
And while it makes shocking reading, those of us who havent been victims of this scam probably think it wont happen to me. However, it can happen to you. No matter whether you are a young professional or a retired person, we are all at risk of having our identity stolen.
Another misconception is that if it does happen, one simple phone call will sort it out. This couldnt be further from the truth as the thousands of victims will testify.
Written by Admin on February 5, 2010.
There is no end to the ingenuity of the criminal hacker. They’ve figured out how to hack debit card PINS. Debit cards are linked directly to our checking accounts, which makes them tasty treats for criminal hackers. At an ATM or cash register, most debit card users are blissfully unaware of what occurs when they swipe their cards and enter their pin numbers. A magical mystery takes place and we get to walk away with our new purchase, simply by swiping a card and tapping a few keys. The money magically disappears from our account and we celebrate by eating the Twinkie we just bought.
Whether you’re swiping your debit card at an ATM or in a store or restaurant, the process is similar. The user swipes his or her card and types in the pin number. The datais verified by a 3rd party payment processor or, in some cases, by a bank, over telephone lines or the Internet. Onc
Written by Admin on February 3, 2010.
I have a very weird job. I explore aspects of society that people read about but would never consider exploring themselves. I go places where others may be led to because they didn’t know any better. And I like too expose the flaws in the system that make us vulnerable. Much of my “research” or “antics” as some would call it is prompted by my desire to learn more about the scumbags of society or predators that prey on other people.
My research has taken me down a dark seedy road into online dating scams, where some people are at their most emotionally vulnerable. The predators work a form of 419/advanced fee scam that always involved a money wire transfer.
There is something about people with antisocial personality disorder (ASPD) that intrigues me. Antisocial personality disorder is a type of chronic mental illness in which your ways of thinking, perceiving situations and relating to others are dysfunctional. When you