Posts tagged "encryption"

Mobile Apps Turn Smartphone Into Weapon

You and I have come to think of our Smartphones as indispensable tools. Flaws recently discovered in mobile apps for Facebook, Linkedin and Dropbox could turn our tools into weapons by exposing us to data theft at many levels, including personal identity theft and corporate data loss.

Taking  extra precautions now will protect not only your Smartphone but other devices, too, as the flaw may well be present in other mobile applications including many iOS games.

Apparently, Facebook’s iOS and Android apps don’t encrypt their users’ login credentials. These flaws expose users to identity theft by saving user authentication keys (usernames and passwords) in easily accessible, plain text files. These unencrypted files may be stolen, transferred to another device in a matter of minutes, and used to access the victim’s accounts without ever having to enter any user login credentials.

Posted in Cyber Data Security, Fraud Detection & Prevention, Identity Theft Prevention by Identity Theft Speaker .
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U.S. Lags Europe on Credit Card Security

We can be as patriotic as we want to be, but today, the US lags behind other countries in credit card technology and consumer safety. Our current-day magnetic-strip technology is archaic compared to the chip-embedded cards of our European counterparts.  Though some larger US retailers are offering support of the “smart-chip” cards, a mandate for their use (and greater protection for the consumer) is down the road. (Click here for the original story on NPR).

According to Andrea Rock, a senior editor at Consumer Reports who wrote an article about the security gap in the credit card industry (emphasis mine):

“The account information that’s needed to make a transaction on American cards is stored, unencrypted, on a magnetic stripe on the back of each card,”

And that means, until the industry changes, you are at risk. In the mean time, here are a few steps you can take to increase your security:

Posted in Cyber Data Security, Fraud Detection & Prevention, Identity Theft Prevention by Identity Theft Speaker .
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