Can Fraud Monitoring Help Make You Less of a Target?
Contrary to what people might think, being a victim of identity theft is not a random act or an unusual occurrence. According to a survey conducted by the National Cyber Security Alliance and Zogby International, only 26 percent of Americans felt “their home computer was safe from viruses,” while only 21 percent felt safe from hackers.
Some high profile individuals, such as celebrities or affluent people, are specifically targeted because of their credit profile while others are targeted because they are ‘easy pickings.’ So how does it work? Hackers maintain profiles of all their victims. They have a specific checklist of items they need to acquire to complete identity theft. You may have received similar lists sent on phishing emails where they ask for your full name, address, date of birth, etc. Then, once that checklist of personal information is complete, Bingo! They can start causing damage at your expense. It’s open season on your credit: hackers can apply for loans, get into your bank accounts, and even apply for official government-issued IDs. That’s just the beginning of your troubles. You’ll have to work hard to reclaim your identity and dispute any fraudulent charges on your accounts.
Fraud Monitoring Tips That Force Hackers to Look Elsewhere!
When it comes to credit card theft, it’s just a matter of time before it happens to someone. The statistics are astonishing. In 2016, 1 in 4 credit card owners reported their credit card was lost, stolen, or compromised. In this harsh world, it’s survival of the fittest, and those without credit card fraud detection are at risk. As long as there are hunters (hackers) out there, someone is going to fall prey to them. And since hackers have to eat, they have to steal your information in order to survive. Hence, they’re constantly trolling the internet in search of an easy meal ticket.
So, how can you devise a better fraud monitoring plan to prevent from being next on the list?
First of all, do what you can within your power to make your profile less tempting for a hacker to attack and follow the steps below.
- Smart Password – Be smart when creating one or multiple log-in passwords. Use a password generator which creates a secure, random password for each account. They let you store your passwords in one secure place where they are encrypted and accessible only to you.
- Safe browsing – Don’t log on to important accounts on someone else’s computer, public Wi-Fi hotspots, free VPNs, or web proxies. And of course, lock your computer and mobile phone when you leave them.
- Credit Card Privacy – Don’t give out or share your credit card information with anyone. Be cautious when making purchases online and verify that the merchant is secure and uses end-to-end encryption.
- Encrypted Files – Don’t send sensitive information online via unencrypted (e.g. HTTP or FTP) connections, because data in these connections can be sniffed with very little effort. You should use encrypted connections such as HTTPS, SFTP, FTPS, SMTPS, or IPSec whenever possible.
- E-mail Discretion – Use discretion when sending information via your e-mail. Sending information about yourself, your friends, family members, or coworkers gives hackers key information that they can use to complete their victims’ profiles. Run LogDog’s Inbox Detective to see what valuable information is just sitting in your inbox.
- Use Fraud Protection Services – For 24-hour fraud monitoring, invest in a higher level of security. Download LogDog’s protection app for iOS or Android, which monitors your accounts for suspicious activities and sends you a fraud alert so you can stop the hacker and secure your account.
In all, the harsh truth is that this world consists of hackers and victims. As long as there’s easy prey and it’s lucrative enough for thieves, they will continue to prowl the internet. That’s why it’s imperative that you enlist the help of fraud monitoring as provided by LogDog to avoid being the next easy target!