Protection against Financial Identity Theft – 6 smartest ways to do it

Today’s High-Tech world has eased most of our work including paying online utility bills, transferring money online, online shopping, and many familiar activities. However, if all these facilities are blessings of technology to us, it too has some payoffs (curse) as well. 

It might have felt very convenient while transferring thousands of bucks to your clients online or spending dollars to shop online, right? Now this might surprise you but while you were filling your information like credit card and other financial details, without knowing that someone could actually track all the information and misuse it. Yes, you read it right! Many hackers might hack your financial details, use your identity for many cons, or might even make you a debtor for life.  

So, what is the protection against financial identity theft? How can we save our identities from being misused? Well, there is no doubt about it that you can prevent such situations by following many precautions. 

The most effective and helpful ways to make your identity safe and sound are: 

• Never Share Your Personal Information Online

Your name is enough for people to discover you. Try to avoid publicizing personal information such as telephone number, address, office details, and other information that makes it easy for the offender to steal and use for many crimes. So, limit your personal details on all social media websites now!

• Strengthen Your Passwords

Your password should not be obvious and easy to guess. Avoid passwords that have your name, last name, date of birth, and digits like 1234. Always choose something that nobody knows about you like your first pet, its name, your first schoolteacher’s name, and include special symbols that can make your password stronger. An alphanumeric password is always the best choice to secure your account.  

• Don’t Be a Victim of Phishing Scam

You might have received many emails that says about you winning some amount of prize money and asks you to share your bank details. These are all phishing frauds and a modern way to steal your bank details by making you share all your details without hacking. There have happened many money-laundering cases, where their bank details were hacked and bankrupted by the offenders. 

• Check Your Credit Details 

Checking your credit details would help you spot any loophole between all your transactions. Many countries allow people to check the credit details once in a year. This helps in finding any suspicious activity that could be a mysterious new account opened on your name, incorrect information, and more. FBI fraud prevention has suggested staying updated with your credit details to secure yourself from many criminal situations. So, check your credit details today!

• Beware with Online Stranger

Stranger is danger and it is right to identity theft situation. Never share your personal details with the person you barely know or never click on the link sent by any stranger ever. The fraudsters might send you a link that will lead you to a corrupted or scammed website. Possibilities are that the link could be a virus, by clicking on which the fraudsters can get the full access to your system.    

So, stay safe and surf safely by following these five effective tips that can save you from becoming a victim of cyber-crime. 

 Protection against financial identity theft can easily be solved online. So, don’t wait, go online now!

Perfect Methods to Prevent Cyber Crimes or Identity Theft!

Once identity occurs, it becomes extremely difficult to recover the information that hackers have stolen. Most of the time, we are not aware of how and when it happened. Cyber criminals steal our information without giving a single hint. So, it’s better to take some effective security measure before it gets too late. You can take the help of some online videos, professionals’ non-verbal communication presentation which is based totally on the cyber security.

You can also take the help of professional who are highly experienced to prevent identity theft issues and have worked in private and govt. organizations as a specialized cyber security agent.
Here are some right methods recommended by the experts to stop identity theft.

Have a look!

• Create Strong and Unique Passwords

Are you sure the password you are using is enough strong to break? Have you made a perfect combination of alphabets -both lowercase and uppercase letters, numbers, and special  keys such as @, #,$ and many more?”

When you create a password make it 15 characters long and most importantly don't use a birth date, phone number, family members' name, and your pet's name. You should always avoid including such things in your passwords because these can be easily guessed by anyone.

• Share Information Carefully Over Internet

Before posting anything online make sure that you are not going to share such information which can put you later in danger. Because whatever you post online remains available for everyone. You can’t judge who is watching your relevant information and thinking to use it against you.

Most importantly never share your email ID and password with your friends during the chat. We mostly do it, in emergency specifically when we get some issue to open our Gmail or Yahoo’s account.

We share the information with our friends over chat on social media platforms such Facebook, Instagram, and Twitter.

Don’t do this! Your small sharing can lead you a big cyber scam.

• Make Cautious Measurement during Online Shopping

No doubt online method is convenient for shopping. Nowadays one simple click can reach us to the best products and we can also buy them online with ease by using an ATM, Debit Card, and Net Banking.

But how can you give surety about that the website we are sharing information with is a legitimate source?

So, it is always a good choice to shop from a well- known and reliable website. Check whether the website is encrypted or not. You can find it by looking at the address bar, notice an icon of a green lock, notice how website address starts- "Does it carry a start with "https" instead of "http"? The extra "s" means that website has SSL (Secure Socket Layer) certificate.

• Protect Your Computer with Multiple Security Products

Most of the online cyber security videos and a precise non-verbal communication presentation also recommend using high-security products. Always make sure that you have installed a quality and licensed antivirus so that your PC can be prevented from malicious activities.

These essential methods will surely help you prevent cyber frauds and identity theft. 

Top Tips to Prevent Your Business from Fraud Practices

Unfortunately, thousands of businesses lose billions of dollars to compensate fraud. While the big businesses are busy making the headlines – preventing fraud against business, small and medium is equally important. The risk is high with less awareness and knowledge to curb fraudulent activities. The vulnerability of the fraud in because of the inside and outside lope holes prevailing on the business.

Sometimes, with fewer staff members and fewer check results in less such unethical practices. While, on the outside part, practicing hacking is the reason behind numerous illegal activities.

Here are few steps to help you decrease your business risk:

1. Implement Internal Control to Reduce Fraud Risk

Usually, many small and big businesses rely on a single control system. This causes trouble. Depending on the same person for crucial documents of the company is risky. Work rotationally as this will have two benefits. First, one person will not have the control over certain documents for too long and secondly, others will learn to take a different responsibility.

Depending on a single individual is not a smart way of working.

2. Hire Professional Keynote Speaker

If you have never hired a professional keynote speaker, it’s time to do so. Having years of experience, they know exactly how to run a fraud free business. Working on many projects that cover key areas such as document corruption, website hacking, terrorism activities and more, such speakers help fight unethical activities. They are the specialist of their field, which is why numerous companies hire them to stop the disruption.

3. Implement an Efficient Theft Tracking System

If you want to reduce the risk of fraudulent activities in your business, it is important to use a good theft tracking system. Act smartly. It is not necessary to let everyone know about it. Keep this within some of your responsible employees. This will offer two major benefits; first, it will help preventing fraud against business and secondly, will disclose the culprit. Therefore, look for efficient theft tracking systems available in the market.

4. Hire Professionals with Advanced Computer knowledge

With professionals with advanced computer knowledge, you can easily curb bigger risk on your business. However, this may be difficult for any ordinary computer skilled individual. You all know that hacking has increased to a higher level in recent years. Therefore, every business hires some professionals who are trained to handle illegal and fraudulent practices. In fact, many companies give priority to individuals with more knowledge about computers threats.

There are different individuals working to reduce the effect of illegal practice such as Jeff Lanza. You can explore more on Jeff YouTubechannel. In addition to this, every company must schedule a thorough selection process that can eliminate incompetent people. Be careful. Your company is your responsibility. Therefore, make sure to offer nothing but the best for it. With the fast growing business, it has become extremely to care of every kind of business – small and large.