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Cyber Theft on Cyber Monday

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Don’t let a Cyber Scrooge Spoil Your Holidays!

Although most shoppers gear up and focus on Black Friday, Cyber Monday offers tons of hot deals to online shoppers. It began in 2005 and quickly became one of the biggest online shopping days of the year. On average, online shopping increases by 16% (worth more than $760 million dollars) on this one day alone!

Shoppers find the appeal in avoiding parking lots at malls, bustling stores and frantic holiday crowds. While it is very convenient, you can also be putting yourself at greater risk for identity theft and credit card fraud if you are not careful. In any situation there are steps you can take to protect yourself and make it easier to detect fraud if you become a victim. If you protect yourself, I feel that you are safer shopping online than in person (where about 15% of identity theft takes place).

Posted in Cyber Data Security, Identity Theft Prevention by Identity Theft Speaker .
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Identity Theft Prevention this Holiday Season

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AAA Hawaii’s Annual Holiday Season Travel and Shopping Poll of 250 local residents reveals that 76% plan to primarily shop this holiday with credit or debit cards. However, almost four in ten of surveyed shoppers have little or no concern about identity fraud happening to them this holiday shopping season! Identity theft is rampant throughout the holiday season. Over the past 3 years stolen data being used in less than one week jumped from 33% to 71%, meaning that they steal today and shop today.  Identity thieves count on our lackadaisical attitude toward monitoring our wealth.

Posted in Cyber Data Security, Identity Theft Prevention by Identity Theft Speaker .
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Identity Theft Statistics & Holiday Shopping

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Identity theft statistics, dry as melba toast, have something to teach us about shopping this Holiday season. Listening to the media, you would think that the Internet and cybercrime are to blame for most cases of identity theft. They are biased toward technology stories because they are new and interesting (actually, they are starting to get old). If it’s not hackers and phishers, then its war driving and key logging.

But their technological bias is Wrong.

Cybercrime only accounts for 11% of actual identity fraud cases in the latest Javelin study and online shopping accounts for a meager 1%!

Posted in Identity Theft Prevention by Identity Theft Speaker .
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Facebook Email: Putting Every Last Egg in One Basket

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Facebook wants a piece of every social interaction you have, which is why they are poised to offer you a free email account, just like Gmail or Hotmail.

Facebook’s newest features (email and eventually a built-in search engine) are aimed at making their website your one-stop shop for all things internet. Rumor has it that at 10:30am PT, Facebook will offer their existing users email addresses. And millions of existing users will take them up on their offer because it will be cool to have a Facebook email account and because we are all in short supply of email accounts to check 24/7. Other sources are saying that Facebook will soon be offering a search engine as well.

Posted in Fraud Detection & Prevention, Identity Theft Prevention, Online Privacy by Identity Theft Speaker .
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Fired Over Facebook Post

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Can your Facebook status messages get you fired?

After a ruling on a current legal battle, they may! In a recent ground-breaking case involving social media usage by employees, specifically Facebook, one woman is challenging the cause of being fired. The National Labor Relations Board has brought a case against a Connecticut ambulance service, American Medical Response, for firing an employee after she used Facebook to vent her work frustrations. The employer accused the employee of violating their privacy policy by posting a disparaging remark that read, “love how the company allows a 17 to become a supervisor” – a 17 is the term they use for a psychiatric patient.

Posted in Online Privacy by Identity Theft Speaker .
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Identity Theft Expert John Sileo on 60 Minutes

During a recent 60 Minutes interview, I was asked off camera to name the Achilles’ heel of an entire country’s data security perspective; what exactly were the country’s greatest weaknesses. The country happened to be New Zealand, a forward-thinking nation smart enough to take preventative steps to avoid the identity theft problems we face in the States. The question was revealing, as was the metaphor they applied to the discussion.

Achilles, an ancient Greek superhero — half human, half god — was in the business of war. His only human quality (and therefore his only exploitable weakness) was his heel, which when pierced by a Trojan arrow brought Achilles to the ground, defeated. From this Greek myth, the Achilles’ Heel has come to symbolize a deadly weakness in spite of overall strength; a weakness that can potentially lead to downfall. As I formulated my thoughts in regard to New Zealand, I realized that the same weaknesses are almost universal — applying equally well to nations, corporations and individuals.

Posted in Fraud Detection & Prevention, Identity Theft Prevention, Online Privacy, Sileo In the News by Identity Theft Speaker .
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Facebook Offers New Deals: The Cost is Your Privacy

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According to TIME Newsfeed, Facebook is taking on a new marketing giant – Groupon. Groupon.com has gained popularity extremely fast  due to the huge discounts they offer users on a daily basis. Their average discount ranges from 50% to 80% off of food, services, shops and entertainment. They boast over 18 million subscribers and have sold over 12 million deals. It is no wonder that Facebook would want a piece of the action — when Groupon featured clothing giant GAP on their site, they sold 400,000 deals, making them $11 million.

But there is a catch: Facebook Deals only goes hand in hand with Facebook Places.  In order to receive the promotions, you have to use their location sharing app and “check in” to get the deal. In other words, to gain the benefits offered by Facebook Deals, you have to sacrifice more privacy. Groupon only asks users for their city location in order to tailor deals to their area. To take advantage of a deal, you must share your address and billing information, and that is done on their secure checkout site.

Posted in Fraud Detection & Prevention, Identity Theft Prevention, Online Privacy by Identity Theft Speaker .
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Celebrity Identity Theft – Fraud from the Inside

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This morning, I delivered a fraud training speech in Beverly Hills. As you can imagine, the famous and the wealthy tend to suffer more than the average person from information overexposure and fraud. They are, after all, public figures, worth a great deal, and the focus of over-zealous fans and media. The rich and famous are the perfect storm for information abuse, and we have much to learn from the way they protect their privacy. Dishonest people want to be them, at least long enough to drain their sizable resources, and their family and friends aren’t often far behind. Identity theft and other types of fraud, unfortunately, allow this fantasy to become a reality in the hands of a clever impostor.

The rich and famous are the perfect storm for information abuse, and we have much to learn from the way the protect their privacy.

Posted in Identity Theft Prevention by Identity Theft Speaker .
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Google Maps Street View: Removing Your House

According to Google CEO Eric Schmidt, if you are looking for more privacy, then you should move.

His callous remark came during a discussion on Google Maps Street View cars, which were found to be illegally collecting e-mails, passwords and surfing habits while photographing your neighborhood. Appearing on CNN’s Parker Spitzer a week ago, Schmidt made a bold statement that was eventually edited out of the broadcast. He said that said individuals who did not want the Street View cars to snap photos of their homes should “just move.” Schmidt then told The Hollywood Reporter, “As you can see from the unedited interview, my comments were made during a fairly long back and forth on privacy. I clearly misspoke. If you are worried about Street View and want your house removed please contact Google and we will remove it.” You can have your house removed from Google Maps Street View. Here’s how (see video):

Posted in Burning Questions (Video), Online Privacy, Video Tips by Identity Theft Speaker .
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