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Identity Theft by Phishing * Credit Identity Theft
Credit Identity Theft - Cards Are Still Safer, But… Carl LaFresnaye
Credit identity theft can be done in either of two ways: through a credit card or a credit line or account. An identity thief may counterfeit your card, or use your account number at a vendor website, or make purchases using your credit line at a store, or use online credit to make fraudulent purchases. These many possibilities are the reasons why ID theft lists through the years still put credit identity theft at the top.
In 2006, 8.9 million American adults fell prey to identity thieves, most being cases of credit identity theft. The average amount involved per victim (all cases) was $6,383. And it took an average time of 40 hours for each victim to fix the problem.
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Bogus Tweet Fears Dog AFL (Herald Sun)
PLAYERS have been urged to report fake Twitter accounts as internet identity theft continues to dog the AFL.
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Credit Identity Theft - Top 3 Safeguards
1. Keep your wallet in your bag or purse, not in your pocket. Stealing wallets ranks as a top method by which credit identity theft occurs.
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FBI Director: Hackers Have Corrupted Valuable Data (Macworld)
Hackers have corrupted data in the course of spear-phishing attacks, the head of the FBI said Thursday at RSA.
Flawed Security Exposes Vital Software To Hackers (New York Times)
McAfee, a leading maker of Internet security software, warned this week that software systems used by many companies to store and manage their intellectual property are being actively targeted by hackers...
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2. Don't let your credit card bill stay late for over 24 hours. All a thief has to do is fill out an address change form at the post office or call your credit company requesting an address change for your statements.
3. Credit identity theft is also most likely to happen when you type in your account number in an unsecured website. Check for a yellow padlock icon at the bottom of your screen. That signifies a secure website. If you don't see it, beware.
Credit Identity Theft - Why Safeguards Are Better Than Not Using a Card
You can use cash, of course, although this comes with its own share of issues and risks. But we can't get away from e-commerce nowadays and for many of us, it really makes more sense to shop and transact business online.
So your options for online shopping would be: using a money order, a checking account, debit account, or online credit account.
But here are the problems: A money order may be bothersome to get and it can get stolen in the mail (mail theft is yet another issue!). A checking or debit account may mean more dire credit identity theft consequences, like having your entire account emptied in seconds! And an online credit account may leave you with a huge debt before any hint of a problem.
That's why your credit card is still the safest way to shop online! The reason for this is Fair Credit Billing Act, a federal law that states you can:
- Dispute your credit card charges
- Withhold any payment while an investigation is ongoing
- Only pay the initial $50 of fraudulent charges once it's proven you were victimized
What's more, it is very rare that a credit identity theft victim will even be asked by the credit card company to pay the $50!
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Index of Articles about Indentity Theft
What Other Authors say about Indentify Theft
Identity Theft Alerts
by Tony Robinson
If you fall into the hands of an identity, theft it is important to continuing monitor your credit reports and any financial statements throughout the legal process. You will need to check your reports...
Identity Theft Prevention Tip - Stop the Thief in His Tracks!
by Carl LaFresnaye
Perhaps the most practical identity theft prevention tip is discovering just where your lifestyle and habits are most vulnerable to attacks. If you can stop a thief in his tracks, it will save you loads...
Computer Identity Theft - Go Phish!
by Carl LaFresnaye
One of the most popular computer identity theft methods today is phishing. Spelled in true hacker fashion, phishing means, well, fishing by baiting people to divulge their personal data. This mode of computer...
Stop Identity Theft
by Tony Robinson
Reading articles on identity theft may not sound appealing to you, but if you think that you are not subject to becoming the next target then you are fooling your self and setting your self up as an easy...
Identity Theft Cases - Thieves Don't Discriminate!
by Carl LaFresnaye
The identity theft cases reported by the US media in recent years just goes to show how vulnerable Americans are to this rapidly growing, white-collar crime. Identity fraud (which includes identity theft...
Under Which Type of Identity Theft Are You Most Vulnerable?
by Carl LaFresnaye
No mater the type of identity theft, the object of the thief will always be to impersonate you by using your personal data and identifying documents to steal your money and resources, leaving you with...
Protect Yourself from Identity Theft
by Scottie Hawksworth
Millions of Americans use credit cards, take out money from savings and checking accounts, write checks, and open new bank accounts everyday. By completing these everyday tasks, many Americans put themselves...
Identity Theft
by Sara Chambers
Identity theft is a growing problem in the United States, occurring in small towns and cities alike. Identity theft, as defined by the federal government, refers to the use of another person's identity...
Identity Theft in a Shrinking World
by Carl LaFresnaye
Identity theft and fraud was already a multibillion-dollar criminal industry back in the 1990s. Although the NUMBER of identity fraud cases in on the decline, the TOTAL COST to America is on an up trend....
Social Security Identity Theft - What Thieves Can Do and How You Can Stop Them
by Carl LaFresnaye
Social Security identity theft figures in many complaints received by the Federal Trade Commission since it gives the perpetrator the flexibility in terms of the kind of identity fraud he can commit. Unlike...
Identitiy Theft Victim - 3 Things to Do ASAP
by Carl LaFresnaye
Are you an identity theft victim? Maybe you suspect it's because you spend your entire life online. You shop, you bank, you watch movies, listen to music, catch the news, make your major life decisions...
Identity Theft, Even After You Die
by Gary Gresham
Believe it or not identity theft has moved to the dead. It is compounding more and more family's grief because con artists are digging up identities of the deceased. The identity of someone who has died...
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