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Prevent Auction Fraud and Identity Theft with a ‘Sensible’ Password »

Last year, Dov Tenenboim of North Bondi hacked into at least 90 different eBay sellers’ accounts and sold $13,482 worth of non-existent Apple iPods. Last week, he pled guilty. Tenenboim went after eBay users with easy-to-guess passwords - such as those that use their seller name as their password.

When referring to the case, an eBay spokesperson stated the obvious

“What the case highlights is the importance that people need to place in choosing a sensible password,”

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Police Arrest Two Guys For Nigerian Scams in Florida »

Apparently, it’s not that difficult to make $2-3 million through identity theft. Unless you’ve been living under a rock, you’ve undoubtedly received at least one email claiming to be from some wealthy Nigerian (or other foreign country) and offering you a sum of several millions of dollars if you’d only help them get the money out of the country. To do that, you must send them your bank information.

Not surprisingly, there are a lot of “opportunists” out there who give up their info in exchange for this possibility of wealth. These gullible saps soon become the victims of identity theft. Read the rest

Vishing - The Newest Identity Theft Scam »

Phishing scammers are adding voice over IP (VoIP) technology to their mix and ensnaring victims over the phone. In phishing schemes, scammers send an email impersonating from Paypal or a high profile bank. They usually mention that your account is about to expire or they detected fraudulant activity and ask you to log into a site to correct the info. The site you are referred to looks just like Paypal’s or the bank’s website, but it’s not affiliated with the company. When you log in, you effectively hand over your username, password, and any other sensitive data you input directly to the scammer. Read the rest

How to Get Rid of Spyware »

According to a July 2005 Pew Internet & American Life Project report, 68% of internet users - 93 million Americans - experience computer problems that can be traced back to adware and spyware.

There are two types of threats that can be considered spyware: Read the rest

Business Tips to Prevent Identity Theft »

According to a 2005 study by Javelin Strategies and the Better Business Bureau, 48% of all identity theft victims reported that employees, friends, acquaintances, relatives, or their own carelessness was to blame rather than hackers. Less than 12% was the result of computer related crimes.

Visa USA and the US Chamber of Commerce are sponsoring a nationwide lecture series to crack down on identity theft at the point of sale. They say businesses should work to improve data security in 4 key areas. Read the rest