Tag: Identity Theft

Cyber criminals abuse US Postal Service Informed Delivery for ID theft

The U.S. Secret Service issued an internal alert to law enforcement partners about identity thieves abusing the U.S. Postal Service’s Informed Delivery, a service that allows you to digitally preview your mail and manage package delivery. ID thieves have been using the Informed Delivery service “to identify and intercept mail, and to further their identity theft fraud schemes.”

The Secret Service’s warning, according to Krebs on Security, also stated, “Fraudsters were also observed on criminal forums discussing using the Informed Delivery service to surveil potential identity theft victims.”

Read more about how cyber criminals are abusing the US Postal Service’s Informed Delivery for ID theft and credit card fraud on CSO.

One-Third of US Adults Hit with Identity Theft

One-third of adults in the United States have experienced identity theft, putting them far ahead of other nations. Thirty-three percent is double the global average and more than three times the rate of people in France and Germany.

It’s one of the most concerning metrics to come from Proofpoint’s 2018 User Risk Report, which polled 6,000 working adults in the US, Australia, France, Germany, Italy, and the UK on their online behavior. What they learned is global security habits have much room for improvement.

Read more about the findings of the Proofpoint report on DarkReading.

Fraud Watch: Tips to avoid identity theft

Scammers have more ways to steal your personal information than ever before thanks to the proliferation of personal electronics these days which gives them access to your money. MTN News has some timely tips on how to prevent identity theft in this edition of Fraud Watch.

The Holy Grail for ID thieves is your Social Security number so instead of keeping it in your wallet or purse, lock it in a safe place. Another important document to secure is your checkbook because each check contains a lot of personal information, including your address, phone number, account number and banking routing number.

Read about how to avoid shoulder surfing and identity theft on KPAX.

Eight ways you can prevent Phishing and Identity Theft by cyber criminals

Imagine one fine day you wake up to find some unknown entity using your credit card from somewhere across the continent. No authority can help you as it is intercontinental cybercrime so you are left to helpless watching the thieves steal your hard earned money. Most identity thefts are done to steal your financial data. Cybercriminals steal your online identity through sophisticated phishing attacks. Identity thieves, scammers, and fraudsters trick Internet users into submitting personal information to illegitimate websites.

Phishing scams are usually operate in the form of spam or pop-ups and are often difficult to detect. Once the fraudsters steal your personal information, they can use it for all types of identity theft, putting your good credit and good name at risk.

Because phishing is one of the most devious forms of identity theft, it is important for you to become familiar with various types of phishing scams as well as to learn how to guard against them.

8 Ways To Avoid Phishing Scams

To help you protect yourself from phishing, we offer the following tips:

1. Guard against spam. Be especially cautious of emails that:

* Come from unrecognized senders.

* Ask you to confirm personal or financial information over the Internet and/or make urgent requests for this information.

* Aren’t personalized.

* Try to upset you into acting quickly by threatening you with frightening information.

2. Communicate personal and financial information only via phone or secure websites. When conducting online transactions, look for a sign that the site is secure such as a lock icon on the browser’s status bar or an “https:” HTTPs websites cut down the risk of hackers poaching your financial and personal data in transit.

While giving information is fine but also, beware of phone phishing schemes. Do not divulge your financial or personal information over the phone unless you initiate the call. Be cautious of emails that ask you to call a phone number to update your account information as well.

3. Do not click on spurious links, download files or open attachments in emails from unknown senders. It is best to open attachments only when you are expecting them and know what they contain, even if you know the sender. It can do you a world of good if you confirm over the phone about the attachment with the sender.

4. Never email personal or financial information, even if you are close to the recipient. An identity theft can even take place on the recipient’s computer/smartphone divulging your financial and personal data.

5. Beware of links in emails that ask for personal information, even if the email appears to come from an enterprise you do business with. Hackers employ sophisticated technology to clone the entire look of a legitimate website and make you assured of its safety. It is a best practice to hover your mouse over the links such websites have to see if they are legitimate. Also, to be safe, call the legitimate enterprise first to see if they really sent that email to you.

6. Beware of pop-ups and follow these tips:

* Never enter personal information in a pop-up screen.

* Do not click on links in a pop-up screen.

* Do not copy web addresses into your browser from pop-ups.

* Legitimate enterprises should never ask you to submit personal information in pop-up screens, so don’t do it.

7. Protect your computer with a firewall, spam filters, anti-virus and anti-spyware software. Do some research to ensure you are getting the most up-to-date software, and update them all regularly to ensure that you are blocking from new viruses and spyware.

8. Check your online accounts and bank statements regularly to ensure that no unauthorized transactions have been made. Make it a habit to check your credit card and bank statements every week for anomalies.

You should always be careful about giving out personal information over the Internet. Luckily, companies have begun to employ tactics to fight against phishers, but they cannot fully protect you on their own.

Remember that you may be targeted almost anywhere on Earth so make a habit to be news aware. Especially cyber security news about phishing, scams, data breaches etc. Keep an eye out for those “phishing” schemes and never feel pressure to give up personal information online.

Help Protect Your Employees From Identity Theft and Mitigate Employee Data Breach Risk

Identity theft is America’s fastest growing crime. Consider the risk of a potential employee data breach and the need for this valuable benefit to help protect your employees and their dependents.

Read the whitepaper on Identity Theft and how you can protect your employees from data breach risk on Benefit News (Registration Required)

Identity theft and ransomware are getting out of control

Symantec has published new research which makes some alarming revelations on the security front, including observations on the spread of ransomware and identity theft.

According to the company’s Internet Security Threat Report, no less than half a billion digital identities were stolen or at least exposed over the course of last year, leaving a huge amount of people potentially vulnerable to fraud of one form or another.

Read how identity theft and ransomware are growing at a exponential rate on Tech Radar.

In the face of medical identity theft, what can healthcare facilities do to protect health data?

Read George Moraetes discuss the cyber attacks against health care firms on Med City :

Medical identity theft has been escalating dramatically where cybercriminals have found an industry ill-prepared to adequately protect itself from the onslaught. This article will briefly discuss the various aspects of cybercrime waged against the medical industry, the reasons for it and methods for its prevention.

Read his full article here.

 

ID Theft Victims Remain Vulnerable Long After A Hack

The timeliness of detection and diversity of data sources are critical factors in countering attempts to compromise consumer identities.

A study from ID Analytics shows that much like a stolen credit card, fraudsters exploit identities rapidly across multiple enterprises to monetize the identity before the consumer and businesses become aware of the compromise.

Read about the study by ID Analytics which shows that identity theft victims remain vulnerable long after the attack on Infosec Magazine.