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Financial Speaker John Sileo Appears on Fox & Friends
John recently appeared on Fox & Friends to debunk myths about electronic pickpocketing. After the show, Fox host Steve Doocy asked John to stick around to talk about his personal experiences with identity theft, data breach and fraud. Having experienced these crimes first hand, John became a professional financial speaker with clients including the Department of Defense, Homeland Security, Pfizer, Blue Cross Blue Shield and the Federal Trade Commission. To see John in action, visit his Financial Speaker page.
Posted in Fraud Detection & Prevention, Identity Theft Prevention, Sileo In the News by Identity Theft Speaker John Sileo.
Tags: Electronic Picpocketing, Financial Seminar, Financial Speaker, Financial Speech, Financial Workshop, Fox and Friends, identity theft expert, Identity Theft Speaker, John Sileo
John appeared on Fox & Friends this morning to set the facts straight about the real and perceived risks posed by Electronic PickPocketing.
It is true that Identity Thieves are able to steal your credit card information without even touching your wallet. The technology exists, is readily available and can be assembled for under $1,000. But that doesn’t necessarily make it an efficient means of stealing credit card numbers.
RFID, or radio-frequency identity technology was introduced to make paying for items faster and easier. All major credit cards that have this technology have a symbol (pictured below). It means that your card can communicate via electromagnetic waves to exchange data (your credit card number) between a terminal and a chip installed inside of your card (or passport). Thus, by getting within a few inches of your credit card, a thief is able to obtain your credit card number, expiration date and maybe your name.
Posted in Cyber Data Security, Identity Theft Prevention, Sileo In the News by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, Card Scanner, Credit Card, Electronic, Electronic Pickpocket, Electronic Pickpocketing, Fraud, identity theft expert, Identity Theft Video, John Sileo, Pick, Pickpocket, Pocket, RFID, Scams, Sileo, Theft
Electronic Pickpocketing is Possible, but Over-Hyped.
There is a new wave of hi-tech identity theft that allows thieves to steal your credit card information using inexpensive technology to intercept credit card (and sometimes even passport) information without even touching your wallet. Watch the video to the left or read our Electronic Pickpocket post to learn the basics.
And make sure you pay attention to the fact that the person they are interviewing for the news piece in the video MAKES MONEY FROM YOUR FEAR OF ELECTRONIC PICKPOCKETING! The gentleman they interview runs a company that makes shields for your credit cards and passports to stop electronic pickpocketing. I’m not saying that the products don’t work or aren’t somewhat valid; I’m saying that you have to take this gentleman’s perspective into consideration before buying the hype. He benefits from your fear, so do a little more research before you go gettin’ all paranoid.
Posted in Cyber Data Security, Identity Theft Prevention, Sileo In the News by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, Credit Card, Digital, Electronic Pickpocket, Electronic Pickpocketing, fear, Fraud, John Sileo, Marketing, Pick Pocket, RFID, Scams, Theft, Video
There is a new wave of Hi-Tech Identity Theft that the average person has no idea is possible. Identity Thieves are able to steal your credit card information without even touching your wallet.
RFID, or radio-frequency identity technology was introduced to make paying for items faster and easier. What many probably didn’t expect is that the same technology can be used by thieves to get your payment information just as easily. All major credit cards that have this technology have a symbol (pictured to the right). It means that your card can communicate via electromagnetic waves to exchange data (your credit card number) between a terminal and an electronic tag attached to an object, for the purpose of identification. With a quick scan of the card, the same way you would scan it to pay for items, all of your payment information is directed towards a source or identity thief’s computer in this case.
Posted in Identity Theft Prevention, Sileo In the News by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, Contactless, Credit Card, credit card fraud, Credit Card Theft, Electronic Pickpocket, identity theft expert, Identity Theft Speaker, John Sileo, Mastercard, Payment Fraud, RFID, Skimming, Video, Visa
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 John Sileo.
Tags: "New Zealand", 60 Minutes, data, Facebook, financial crime, Financial Speaker, Fraud Training, Identity, identity theft expert, Identity Theft Speaker, information, John Sileo, Privacy, Security, Sileo, social engineering, Social Media Privacy, social networking, Theft
