fraud (112)

Are you aware that many people probably have access to your personal info? If you have ever gotten an apartment, have insurance, or applied for a job, someone has done a background check on you, and you might be shocked by what’s in there, including your debts, income, loan payments, and more. On top of this, there are also companies collecting information on you including:

  • Lenders
  • Employers
  • Government agencies
  • Volunteer organizations
  • Landlords
  • Banks/credit unions
  • Insurance companies
  • Debt collectors
  • Util
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Any industry involving wiring transfers of large sums of money is vulnerable to this new type of hack. Purchasing a car, home or piece of art are large transactions and are not usually done in cash. In well-established industries like real estate, there are some checks and balances, but while one would think it would be very tough to pull off this scam in real estate, it is just as easy. I do not know how many billionaire art collectors follow my blog (they should!), but most of you are regular

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How To Determine a Fake Website

There are a lot of scammers out there, and one of the things they do is create fake websites to try to trick you into giving them personal information. Here are some ways that you can determine if a website is fake or not:

How Did I Get Here?

Ask yourself how you got to the site. Did you click a link in an email? Email is the most effective ways scammers direct their victims to fake sites. Same thing goes with links from social media sites, Danger Will Robinson! Don’t click these links. Instead, g

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If you have a contactless card, you might have worries about skimming. A contactless card or “frictionless” or “tap and go” is a card that has technology in it that allows payment over secure wireless like Apple Pay, Android Pay etc. Basically, this is where a criminal literally digitally pickpockets you by scanning things like your debit card or passport. What’s scary about this is that anyone can get an app for their phone that will allow them to skim. Is there protection for this? Maybe.

But b

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Protect your USPS Mail from Getting Stolen

USPSID stands for U.S. Postal Service Informed Delivery. It is a good thing to sign up for because it informs you of your expected deliveries.

But there’s a problem: Someone ELSE could pose as you and sign up for this service, getting your mail before you have a chance to.

In fact, it has already happened. Crooks have signed up as other address owners and collected their mail.

This can lead to credit card fraud if some of that mail includes new credit cards or credit card applications.

And what if t

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How to Protect You Frequent Flier Miles NOW

Social Security numbers and credit card numbers are not the only types of data that hackers are after. Now, they are looking at frequent flyer accounts, and they are stealing reward miles, and then selling them online.

How do Hackers Steal Frequent Flyer Miles?

As with other types of ID theft, hackers use info that they have illegally obtained to access frequent flyer accounts. With more data breaches happening than ever before, hundreds of millions of records are exposed, and thus, hackers have g

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Financial Preparedness in a Disaster

You have probably heard that it’s important to be prepared for a disaster. You might have a first aid kit set aside, food and water, or a battery-operated radio. But, are you financially prepared?

Creating an Emergency Fund

It might be tough but try to set aside some money a little at a time. Even if you can put $10 a week in an envelope, it’s better than nothing. Saving change can really add up quickly, too. Keeping a credit card available is also a good idea, but remember…in a disaster situation

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Lois Riess is a woman from Minnesota who police say shot her husband, went on the run, and then killed a woman in order to take on her identity. Here are some shocking facts about her:

Riess Looked Like her Victim

The woman Lois Riess killed, Pamela Hutchinson, looked like her. This is why Pamela lost her life. When the body was found, police said her ID, credit cards, cash, and car was gone. Police put out an arrest warrant for Riess, and then started hunting for her. Police say the women did not

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Check Your Free Credit Report Now

When is the last time you checked your credit report? If it has been more than a year, you can get a free one. The issue is, however, is how to really understand it. Here’s some information about obtaining and reading your credit report.

Obtaining Your Free Credit Report

Based on US law, everyone is entitled to look at their credit report from all three major credit reporting agencies. If you want to look at more than that, you can pay a fee. This law dates back to 2003, and all three major bureau

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Javelin Strategy & Research recently released its Identity Fraud Study, and it revealed that the number of identity theft victims rose by 8% in 2017 when compared to 2016. That’s almost 17 million people, which is a record high. Despite more information and industry efforts to make people aware of these practices, $16.8 billion was stolen due to ID theft in 2016.

The study also showed a shift in how ID theft fraud was being done. Credit card accounts were the most common targets for new account f

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https://mediaexplorers.lpages.co/onfido-webinar-fraud/

Hi,

 

If you're working in Risk Management, I thought that you might be interested in joining the webinar on Fraud and Future of Digital Onboarding delivered by our partners at Onfido.

If that's the case please register via the link below https://mediaexplorers.lpages.co/onfido-webinar-fraud/

or reply in the comments and I will register you manually. 

8028274660?profile=original 

Join this webinar with Parker Crockford to learn:      

  • What new CDD and KYC regulation
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Read this article to know more on How Behavioral Biometrics is Paving the Way to Less Fraud, Less Friction and More Functionality.

In This Research, You'll Learn

  • How to balance the need for security and enable a good user experience in the digital channel
  • What are the latest techniques that fraudsters are deploying to attack the insurance sector online
  • What leading financial services institutions are doing about to manage the next generation cyberthreats

Digital Transformation In Insurance I

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If you are working for an IT security company, I have a message for you: the term “identity theft protection” is way overused and even abused as a marketing term. We know that this term is used to sell services and products, but does it really protect a user from being the victim of identity theft? No.

This is no different than labeling a food as “natural,” even though it is not actually “organic.” At best, this is incorrect information. At worst, it’s a total lie.

Every company with security solu

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8028273466?profile=originalThe Securities and Exchange Commission charged Theranos Inc., its founder and CEO Elizabeth Holmes, and its former President Ramesh Balwani with raising more than $700 million from investors through an elaborate fraud in which they made false statements about the company’s technology, business, and financial performance. 

The way I look at it, the board was either in on the Theranos scandal, or they weren’t aware of what was going on. Either way, the board was not performing their moral and legal

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If you are a business owner, you might be concerned about employee theft. If you aren’t concerned, perhaps you should be.

There are a number of ways that an employee can steal:

  • Embezzlement money, inventory or materials
  • Skimming – Diverting funds
  • Stealing business opportunities, data or trade secrets
  • Fraudulent disbursements like check tampering or billing schemes
  • Larceny – absolute theft

It might surprise you to find out that employees who steal are not usually new employees. Instead, they are those w

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The definition of criminal identity theft is a crime where the criminal impersonates the victim in order to protect their innocence. This can lead to victims getting fines or even getting arrested and charged for crimes they did not commit.

How Does This Happen?

There are a number of ways that a criminal can pull this off, and it generally occurs when the thief steals someone’s identity. This is true and pure identity theft, often involving a drivers license with the thieves picture and the victim

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I see a ton of articles that say identity theft protection is not something you really need. These articles have titles like “ID Theft Protection Does Not Work,” or “The Poor Man’s Guide to ID Theft Protection.” Though some of these articles have a bit of merit, they totally miss the point.

Here’s the deal – You can’t protect yourself from every type of ID theft out there, and the types you can protect yourself against require a ton of focus. One way or the other, it will cost you money, time, an

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marcus evans will host the 4th Annual Proactive Operational Risk Management Conference, February 5-7, 2018 in New York, NY. This conference will enable institutions to better evaluate their operational risk programs so as to understand its value and how to improve. Delegates will gain knowledge on how to better identify and manage significant and emerging risks such as conduct risk and fraud, how to clarify responsibilities across departments and 3LOD and they will examine the regulatory environ

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Self%20Insurer%202013.pdf
My company offers a system developed by Johns Hopkins Hospital doctors, which saves 54% on workers compensation costs just like Johns Hopkins Hospital did. You would realize comparable savings on other types of personal injury cases. I have attached an article from the Self Insurer, written by Dick Goff, the past president of the Self Insurance Institute of America which provides this information.

My colleagues and I at Johns Hopkins Hospital published research showing t

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If you employ remote workers, your IT staff has a unique challenge keeping your organization safe. Fortunately, using a combination of best practices for cybersecurity, user awareness campaigns, and a strong policy will help to keep data safe.

New advances in mobile technology and networking have given remote workforces a boost, and while policies for most remote workers generally depend on manager or company preferences, most businesses must accommodate a mobile workforce on some level…and here’

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