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.
How the release of personally identifying information (PII) of nearly half the US population should change your approach to preventing fraud losses at your business
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. ”
– Equifax
Topics: identity theft, data breach, identity authentication, identity fraud, equifax
• 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
Topics: counterfeit fraud prevention, hack, data breach, identity authentication, equifax
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.
Topics: fraud prevention, cnp fraud, identity authentication, identity fraud
• TABLE OF CONTENTS •
A Brief Background on U.S. Currency
What are Older Banknotes?
How do Newer Banknotes Differ?
The Four Steps You Must Do To Authenticate Older Banknotes
Design Features of Older Banknotes
Topics: counterfeit money, old money, counterfeit money detection
• TABLE OF CONTENTS •
Why You Need to be Vigilant about Checking Money
Naked Eye vs. Counterfeit Detectors
Naked Eye Counterfeit Money Detection Methods
Counterfeit Detector Types
Topics: counterfeit money, counterfeit fraud prevention, counterfeit money detectors, fraud prevention
• TABLE OF CONTENTS •
Common ATO Attack Targets
Millennials Seriously Question what Large Institutions Say
Millennials Expect Digital Services – Prefer Mobile
Topics: identity theft, fraud, account takeover fraud, data breach, identity fraud, account takeover
• TABLE OF CONTENTS •
What is New Account Fraud?
New Account Fraud Stats
The Link between Identity Theft and New Account Fraud
Why New Account Fraud is so Attractive to Criminals
Why New Account Fraud is Difficult to Detect
New Account Fraud Prevention Tips
Topics: identity theft, fraud, application fraud, data breach, new account fraud
• TABLE OF CONTENTS •
CNP Fraud
Identity Fraud via Phishing, Malware, and Social Media
Other Identity Fraud Trends
What Can Business Operators Do?
Topics: identity theft, cnp fraud, identity fraud
• TABLE OF CONTENTS •
What is Card Shimming?
Card Shimming vs. Card Skimming
What are CVVs?
Why Cards are Skimmed
Why Cards are Shimmed
Why Card Shimming is a Bigger Problem than Card Skimming
How to Protect Yourself from Card Shimming
Topics: credit card fraud, debit card fraud, skimming, credit card skimming, atm skimming, card shimming, atm shimming, shimmer, card skimming, skimmer, atm shimmer
