The introduction of counterfeit money into circulation can cause the currency to inflate - i.e., the value of that currency drops – and if the currency inflates enough, the country’s economy can collapse. The effects of artificially adding (counterfeit) currency into circulation have been taken advantage of by many nations in order to conduct warfare on an economic level – in a sense, it can cause more damage than actual, physical warfare can.
There have been many instances throughout history in which counterfeit money was used as an economic weapon; recently, counterfeit Yemenni banknotes were used in such a manner. Read on to learn about several instances - including this recent counterfeit Yemeni money incident - in which counterfeit money was used in an attempt to bring about devastating economic consequences.
Topics: counterfeit money
Many states are changing driver's license and identification card designs in next two years - which will make it a struggle to recognize fake ID's
Updated: February 15, 2018
The implementation of Real ID regulations means that starting October 10, 2018, you may not be able to use your state-issued identification (i.e., your driver's license or identification card) to get on an airplane - even if you're travelling domestically.
I found the below article so compelling, and so important as it relates to the current environment of personal data hacking, and how to secure oneself from identity theft, that I have decided to reprint the article in its entirety here.
Topics: identity theft protection
Earlier this month, an absolute bombshell announcement was made by Equifax – one of the three major credit scoring bureaus in the United States.
“We identified a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. ”
• TABLE OF CONTENTS •
Equifax Hack: The Facts
How Criminals Can Use This Stolen Data
Identity Authentication: Protection from the Equifax Fallout
Was Your Information Compromised in the Equifax Hack?
What to do if your Information was Compromised
Retailers are on course to lose more than $70 billion globally to remote “card-not present” (CNP) fraud over the next five years. Despite this fact, retail managers of both large and small operations are under the financially fatal impression that fraud prevention is too costly.