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Internet / Identity Theft / Credit Cards Fraud

 


April, 2007 -Medical identity theft, on the rise, can threaten your lives as well as your wallets

Five states — California, Florida, Nevada, Arkansas and Delaware — are in the process to address breaches of medical information, but the users should still check their medical records for accuracy.


March , 2007 - Study: Identity theft keeps rising

The rate of identity theft-related fraud has risen since 2003, a report from research firm Gartner suggests.

Gartner's study, released on March 2007, shows that from mid-2005 until mid-2006, about 15 million Americans were victims of fraud that came from identity theft, an increase of more than 50 percent from the estimated 9.9 million in 2003.


February, 2007 - Wireless connections in Public places

Be aware of free Wi-Fi wireless connections in public places such as Airport, Internet Cafe, Hotel, Restaurants.
Criminals may set up free wireless networks that act as a trap for travelers. They are not real hotspots but ad hoc peer-to-peer networks set up by an individual with a laptop nearby. They have the same name as a legitimate hotspot at the airport or something similar, such as "Free Airport Wi-Fi". You're able access the Internet when you connect to one of these networks because the attacker has set up his computer to let you browse the Internet via his connection. But because you're using his connection, all your traffic goes through their laptop and they can see everything you do online, including Credit Cards numbers, all your usernames and passwords when you're not using a Virtual Private Network (VPN) or a secure web site (the Web Site's URL will start with https://).


January, 2007- Increases in Mobile Fraud and ID Theft

New research from Tower Group finds that 2007 will be the year that new banking and payment initiatives in the mobile channel will be increasingly targeted by those engaged in fraud and identity theft, with the goal of infecting or otherwise compromising mobile devices. These targets will include deployments where a mobile device acts as a credit or debit card.

Like malicious software (or "malware") in the wired world, mobile viruses are small programs that infect a host device. While most mobile phones are potential targets, smart phones and wireless PDA's as particularly attractive to fraudsters given their advanced capabilities to support PC-like applications including Web browsing and instant messaging. Tower Group believes that current mobile commerce initiatives emerging from the financial services industry lack a reasonable and justifiable focus on mobile malware.


December 2006: Medical Identity Theft: Providence Health's Serious Pain


Providence Health & Services lost information on more then 300,000 patients—after backup tapes and disks were stolen from an employee's minivan.



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