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: data breach, equifax, identity authentication, identity fraud, identity theft
• 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: data breach, hack, equifax, identity authentication, counterfeit fraud prevention
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: cnp fraud, identity authentication, identity fraud, fraud prevention
• 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 money detectors, counterfeit fraud prevention, fraud prevention
• TABLE OF CONTENTS •
Common ATO Attack Targets
Millennials Seriously Question what Large Institutions Say
Millennials Expect Digital Services – Prefer Mobile
Topics: account takeover, data breach, account takeover fraud, fraud, identity theft, identity fraud
• 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: new account fraud, identity theft, data breach, application fraud, 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 fraud, identity theft, cnp 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: card shimming, atm shimming, shimmer, atm shimmer, card skimming, skimmer, credit card skimming, atm skimming, skimming, debit card fraud, credit card fraud
