We all know what identity theft it right? Some thief uses your sensitive information such as your social security card, name and birth date and depletes your accounts. But what about synthetic identity theft? What is that? Synthetic Identity Theft occurs when a thief takes parts of people’s identity and forms a new identity. This is much more difficult to detect and solve than traditional identity theft.

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It’s one of the worst things that can happen to anyone: you find out that your credit card number has been stolen and is being used to purchase items or open accounts. It can be a scary thing but knowing the steps to take will ensure a quicker outcome.

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You hear it on the news everyday: Another victim of identity theft. Scammers today are becoming more and more cunning, yet, consumers seem to fall prey without really knowing how. It has been reported that over 9 million fall prey to identity theft. One of the simplest ways a thief can obtain personal information from you is simply to go dumpster diving in nearby trash bins.

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Dumpster divers can find out birth dates, sensitive information like your social security number and even PIN codes to your bank account. So how can you be safe and prevent identity theft? Become an id watch dog and sniff around your home for pieces of information that could slip into the wrong hands. Use a cross shredder to obliterate all personal identification information.

June 23rd, 2009 | Tags: , , ,

Ever worried that you might have a virus on your computer? Nervous that your child may unknowingly opened an email with a virus or bug in it? If so, the article, “60 Minutes’ Leslie Stall Investigates Computer Hacking and Conficker” details what computer hacking looks like.

Using a Facebook account, an internet security expert sent Stall a message from a Facebook “friend,” Morey Safer, that was infected with a computer virus. Stall’s computer was infected with the virus the moment she clicked on the link from Morey Safer her Facebook friend. With a second computer side by side with Stall’s, she was able to see how everything she typed, from bank account information to credit card information at Amazon.com was showing up on the second computer almost as instantly as she typed. Many in the 60 Minutes audience got their first virtual look at how easily and quickly online hackers can steal identities and private information.

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What can we do to prevent identity theft or lessen the opportunity for would-be theives? There a few basic and iron clad things people can do today to dramatically lower the incidence of any sort of criminals using your information.
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