HOW TO PROTECT YOURSELF FROM IDENTITY THEFT

HOW TO PROTECT YOURSELF FROM IDENTITY THEFT

WHAT IS TO BE LOOK OUT FOR IN THE WORLD OF CYBER CRIME

I)                    E-mail Phishing Scam or scammers :

i)                    Beware of fake emails which offer unclaimed funds from the office of major Nationalized Banks, Govt. Offices, foreign country treasury etc.

(Here they will ask you to deposit negligible amount for sake of transfer fee, fees for govt. treasury etc.)

ii)                   Side by side they will ask you to give your details such as Complete Name, your age, your address, your bank a/c.no., bank name, bank address etc.)

WARNING SIGNS:

i)                    Poor construction of sentences

ii)                   Spelling errors

iii)                 Bad grammar

iv)                 Unusual domain

II)                  Malicious Software and ideas used for Cyber Crime

III)                Viruses

WARNING SIGNS:

i)                    These are used to stealth programs which takes over your computer

ii)                  Intercept your communication / computer

iii)                Intercept you banking account

WATCH OUT FOR SOCIAL MEDIA AND MOBILE PHONES:

Cyber Criminals are using Social Media Networks to obtain your personal information, conjuring more believable attempt at phishing. Here they offer you more valuable information than they already have or to control your personal computer through Malware.

Hackers build mobile apps with Malware by which they control the mobile phone of every person who downloads those apps.

It is seen, now-a-days that there are huge rise in malware based services all over the world.  Since more computers are being controlled by malware and more networks are compromised, they are getting more dangerous. For instance, the compromised devises of unaware web users are being used to host illegal websites and even banned pornography.

STOLEN DATA:

While Identity Thieves are stealing larger amounts of data on one hand, the marketplaces for such stolen credentials are becoming bigger and more commercial. The process is fuelled by digital currencies such as BITCOINS and LITECOIN.  So sophisticated are these market places that stolen credentials are even divided by demographic information as is done in the legal business world.  With the help of these digital currencies IDENTITY THIEVES are carrying out the transactions efficiently and anonymously.

GOOD NEWS:

                To automatically separate you from these fraudsters new type of machinery is being used which comprised of BIOMETRIC SOLUTIONS such as fingerprint, retina print and voice analysis, authentication technology such as Geolocation awareness, and machinery that matches the tempo with which you type our PIN or PASSWORD it easier.