Posts tagged "Identity Theft Speaker"

7 Data Theft Hotspots for Meeting Professionals

Everybody wants your data, especially when you are in the business of meetings. Your data doesn’t just have a high face value (e.g., the attendee data, including credit card numbers that you collect and store in your online registration system), it also has a high resale value .

Here is how the theft is most often committed in your industry:

  • Competitors hire one of your employees and they leave with a thumb drive full of confidential files, including client lists, personally identifying information on talent and employees, financial performance data, etc.
  • Social engineers (con artists) mine your employee’s Facebook profiles to gain a heightened level of trust which allows them to manipulate your human assets
  • Cyber criminals hack your lax computer network or sniff the unprotected wireless connections you and your employees use while traveling (Starbucks, hotels, airports).

Posted in Cyber Data Security, Fraud Detection & Prevention, Identity Theft Prevention, Online Privacy by Identity Theft Speaker .
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13 Data Security Tips for Meeting Professionals – SGMP

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I just finished delivering a keynote speech for the Society of Government Meeting Professionals (SGMP) at their annual convention on identity theft and protecting data in the meetings industry. Data security is a top concern in this industry because it is probably one of the most highly-targeted groups for identity theft, social media fraud, data breach and social engineering. Here’s why:

  1. Meeting professionals collect, store and transmit massive amounts of private data on attendees
  2. Data theft risk skyrockets when travel is involved, which is a frequent occurrence for meeting planners and professionals
  3. Meeting professionals are busy nearly 24 hours a day once they are onsite for the conference or meeting, meaning that they are highly distracted
  4. A single data breach of attendee data can put the organization responsible for the event out of business due to excessive costs and tight compliance regulations

Posted in Cyber Data Security, Fraud Detection & Prevention, Identity Theft Prevention, Online Privacy by Identity Theft Speaker .
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Today Show Uncovers Baby Identity Theft

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Identity thieves are increasingly targeting children, in some cases stealing their identities even before they are born.

A TODAY Show/NBC investigation into child identity theft revealed that criminals routinely use a child’s untouched credit record to their advantage and get away with it for years or decades. This story shows how in more and more cases Social Security numbers are being stolen even before the child has been born.

Why is it so easy? Because Social Security numbers are not assigned randomly, meaning that they can predicted with a certain amount of accuracy. A SSN is simply a code that includes the location and date of where and when a baby was born. Thieves have figured out a system to predict these numbers and used them before they have been issued. The federal government maintains that in the next month or so, these numbers will be randomized and harder to predict and therefore, steal.

Posted in Identity Theft Prevention by Identity Theft Speaker .
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Facebook Nigerian Scam Costs Victim $300,000+

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At this point, we are all pretty used to the classic Nigerian Scam. Someone who is recently wealthy needs your help to gain access to the funds. They will let you keep $1 million if you will simply send them your bank account number so he can transfer $30 million to you. Its a dream come true to most!

What happens when that same scam is used on Facebook by one of your friends, by someone you trust? The results can be disastrous. One woman was scammed out of $366,000 because she felt sorry for the scammer’s sob story. The woman contacted the local authorities after realizing she had been conned by her Facebook “friend”. Police arrested six male suspects in Kepong, all allegedly connected to the Facebook scam: two Nigerians, two Bangladeshis, and two Malaysians. Investigators only managed to recover $5,000 in cash of the victim’s money, although they also seized 18 ATM cards, seven cell phones, and a laptop.

Posted in Cyber Data Security, Online Privacy by Identity Theft Speaker .
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Sony Data Breach Grows by 25 Million – $1 Billion Price Tag

Sony just admitted this week that their Sony Online Entertainment (SOE) division, which they though was not affected by the recent breach, has also been compromised. They believe that the hackers stole personal information from an additional 25 million users and that the breach included credit card information.

In an unrelated article, Mizuho Investors Securities analyst Nobuo Kurahashi estimated the cost of Sony’s recovery from the data breaches to be approximately $1.25 billion:

Kurahashi estimates that the data breach will cost Sony about Y100 billion, or $1.25 billion from lost business, various compensation costs and new investments–assuming that no additional security problems emerge. The cyber attacks on Sony in recent weeks involved the theft of personal data that include names, passwords and addresses from accounts on its PlayStation Network and Sony Online Entertainment gaming services. Sony has also said that more than 10 million credit-card numbers may have been compromised.

Posted in Cyber Data Security, Fraud Detection & Prevention by Identity Theft Speaker .
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WiFi Security Flaw in Smartphones Threatens Your Wallet

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Recent information available in Britain has shown that popular hotspots can be easily mimicked by thieves, which leaves consumers vulnerable to identity theft.

Tests conducted showed that security experts were able to obtain usernames, passwords and messages from phones using WiFi in public places. The tests all used volunteers so that no actual breach occurred. In cases where the iphone 4 was targeted, the information could be taken and stored without the user even knowing.

This issue is a huge problem for the UK’s nearly 5 million BT hotspots located in train stations, coffee shops, hotels, and airports. While the smartphone service providers have knows about these WiFI security flaws for some time, they have still not done anything about it.

Using inexpensive communication equipment and free software that you can download from the internet, thieves can set up bogus hotspots to start sniffing your personal information. Once you have established a connection with one of these impersonators, whether on a phone or laptop, they can start decrypting your sensitive data.

Posted in Identity Theft Prevention by Identity Theft Speaker .
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Sony PlayStation Network User Information Hacked

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Sony Corp. on Tuesday admitted that hackers have obtained personal data and possibly credit card information of tens of millions of people who have registered for PlayStation Network, the company’s online game and movie service, as well as its Qriocity digital music service.

PlayStation is a fun game, data breach is not.

As of March 31st, the Sony PlayStation Network has about 77 million accounts. These accounts link users to the network to obtain downloads and access online movies through services like Netflix. While Sony states that not all of the 77 million accounts are active accounts and some individuals have multiple accounts, they are not denying that a breach of information occurred.

The company spokesman, Patrick Seybold, admitted that the hackers not only gained such information as names, addresses, phone numbers, user names, birth dates, email addresses and passwords of registrants; but they are unsure if credit card information was compromised as well. Update: Sony recently announced that an additional 25 million records were breached.

Posted in Cyber Data Security, Fraud Detection & Prevention by Identity Theft Speaker .
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Tired of Being Tracked by Websites? Do Not Track is Here.

In response to the growing demands for more privacy on the internet, Mozilla implements a Do Not Track option in Firefox 4.

The most recent version of Mozilla Firefox, which was rolled out this February, offers users the option to opt-out of website tracking. Once enabled, the user’s preference to not be tracked is automatically sent to the website. That doesn’t mean that the website has to do anything about it, but there will probably be a bit of a stink about those sites that don’t respect user’s privacy preferences (it would be the equivalent of someone making a sales call to you after you join the Do Not Call list). Unfortunately, most users will never know which websites are participating in the opt-out Do Not Track function.

Learn more about Firefox’s Do Not Track Technology and about the Big Brother issues posed by companies tracking your every move on the internet.

Posted in Identity Theft Prevention by Identity Theft Speaker .
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Don’t Have a Fraudulent Valentine’s Day

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Romance is in the air, but so is fraud.

I hate it when scammers take advantage of you on holidays. In fact, I don’t much like being the person responsible for telling you that fraud goes way up during holidays like Christmas and Valentine’s Day. But it’s my job, and it’s important to me, and you have nothing to worry about if you are using common sense. In case your common sense is lacking due to all of the chocolate, here are some thoughts on Valentines Scams.

In happy and/or busy moments, people tend to let their guard down. Consumers are happier, more trusting, generous and hopeful around Valentine’s Day. This is a good thing. We want people to be happy, in love and celebrating each other.

Posted in Identity Theft Prevention by Identity Theft Speaker .
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