Identity fraud is becoming an increasing problem day after day for businesses. Criminals create new mechanisms for fraud as identity theft tends to raise problems for customers. According to the 2019 Javelin Plan and Analysis Identity Fraud Report, in 2018, there were 14.4 million users who had become victims of identity fraud, down from 16.7 million in 2017, the record figure. Identity theft in 2018 was nevertheless more burdensome: 3.3 million individuals were liable, about three times as many
prevention (13)
For companies who care about their reputation, risk management is a must. Said best by Warren Buffet, "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
Building and preserving that reputation through proactive incident prevention must be a top priority. Post-scandal PR efforts, and other attempts to recoup losses, prevent only a fraction of the long-term damage.
A company’s reputation can be quantified. Few would disagr
Cyberattack prevention measures will always be necessary. The constant threat of data breaches and other hacks is simply a fact of business. Priority targets are no longer limited to retailers and banks; insurers, hospitals, energy producers, and (most recently) a host of law firms are all at risk.
“Hackers broke into the computer networks at some of the country’s most prestigious law firms,” according to The Wall Street Journal. This doesn’t come as much of a surprise: What do organizations like
Apparently there are people who take pictures of their airplane boarding pass…and post it online. I’m dead serious. I’ve heard of toddlers getting excited over scraps of paper, but full-grown adults posting images of their boarding pass online? Don’t get me started.
Let’s just only say that this is incredulously absurd. Like, who cares about your bleepity bleep boarding pass, right? OK, you got bumped up to First class. SAVE IT. Well wait a minute. Fraudsters care.
Fraudsters also care about the b
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There should be more TV commercials for preventing identity theft—it’s nearly epidemic. But also epidemic is the lack of identity security that people have when traveling. Here are some ways to avoid having your identity stolen while traveling:
- Prior to leaving for your trip, clean out your purse and wallet. Figure out what you really need for the trip, then bring only those items.
- Contact the post office to put your mail on vacation hold.
- Get a home-screen-locking password for your smartphone.
- Equi
To help keep your home and property safe from crime, the New Castle County Police Department provides the following guidelines:
- Sounds like a no-brainer, but so many people do otherwise: Keep your doors locked at all times. People will actually go to sleep with the front door unlocked.
- Doors should be locked with a deadbolt that has at least a one-inch throw.
- Keep windows locked. People have been known to leave a window open overnight in their child’s bedroom. Yes, hot weather is here, but there ar
Enrique Suarez Presenting:
Growing Calls for Reforms in the United Nations Security Council
Source:
PressTV
The core principle on which the United Nations was founded was to safeguard human rights, prevent war, improve living standards, promote social and economic process, provide a mechanism for international law and fight diseases.
Despite the initial premises, many countries have been critical of certain advantages the body provides to some powerful countries in getting the best position in the O
Yes, identity fraud is SO common that someone becomes a victim every two seconds. The 2014 Identity Fraud Study, as reported on javelinstrategy.com, turned up some alarming results.
Though the dollar amount stolen had decreased over the year preceding the study, the number of victims had increased. People at highest risk were ages 35 to 44.
Account takeover—when the thief takes over a pre-existing account—made up 28 percent of ID fraud losses in 2013. But the greatest risk factor for becoming a vi
Fraud Prevention & Financial professionals will join together to share cutting edge strategies and techniques to manage the growing area of fraud risk
New York, NY– April 29, 2015 – marcus evans, the world’s largest event management group, will host the Fraud Prevention for Financial Institutions Conference on August 12-13, 2015 in New York, NY. This premiere forum will provide a dynamic environment for senior practitioners to: leverage intelligence and analytics to better understand behavioral
Does your wallet contain enough information about you for someone to steal your identity and commit crimes under your name? That’s what happened to Jessamyn Lovell when Erin Hart stole her wallet in 2011.
Hart shoplifted, checked into hotels and rented cars in Lovell’s name. Of all the nerve.
Lovell tracked Hart down and documented this in “Dear Erin Hart,” a photo project. Lovell couldn’t find the heartless Hart on her own, so she hired a private investigator. Turns out Hart was sitting in jail o
Regardless of guilt or innocence, FedEx’s recent indictment has reminded us that in today’s world of complex global interactions and increased regulations, organizations must have a strong handle on interrelated risk, business processes, and relationships.
This past week, FedEx made headlines for knowingly assisting illegal online pharmacies, according to the U.S. Federal Government. The company is being charged with conspiracy to distribute controlled substances and drug trafficking, as reports
How do you get the balance right between customer service and security? The battle between banks and fraudsters is ongoing, with banks losing millions each year through fraud.
In addition, the rise of digital and mobile banking over the past few years has led to banks investing heavily in their fraud and security measures. These authentication devices alongside integrated malware detection and fraud monitoring systems can be a barrier to a satisfying, simple customer experience. How do banks prot
