Identity/Credit Theft Increasing?

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Identity/Credit theft increasing? Apr 27, 2011
Recently I've had several friends tell that they have been dealing with banks etc. to sort out money problems after their credit and debit card info has been stolen. One friend's own sister stole her identity and racked up thousands of dollars in bills that she then had to deal with. Is identity and credit card theft becoming more common?

Check out this article about a Sri Lankan man busted in Sharjah - ... ion=theuae

This guy had high tech equipment, was able to get his hands on others' old cards (cut them up people!), and subscribed to a website that specializes in giving out people's bank details for a fee!

Here's an example of where that data they sell possibly comes from... A documentary about call centre staff in India who stole and sold customer data. ... t-scandal/

I've been reading up on protecting myself, but I guess you just never know when it can happen! We shred documents, I always cover my pin code when typing at the ATM, and if I make online purchases I make sure that it is over a secure connection. However, check out this list of all the ways that people can collect your personal data;

From wikipedia -

Identity thieves typically obtain and exploit personally identifiable information about individuals, or various credentials they use to authenticate themselves, in order to impersonate them. Examples include:

* Rummaging through rubbish for personal information (dumpster diving)
* Retrieving personal data from redundant IT equipment and storage media including PCs, servers, PDAs, mobile phones, USB memory sticks and hard drives that have been disposed of carelessly at public dump sites, given away or sold on without having been properly sanitized
* Using public records about individual citizens, published in official registers such as electoral rolls
* Stealing bank or credit cards, identification cards, passports, authentication tokens ... typically by pickpocketing, housebreaking or mail theft
* Skimming information from bank or credit cards using compromised or hand-held card readers, and creating clone cards
* Using 'contactless' credit card readers to acquire data wirelessly from RFID-enabled passports
* Observing users typing their login credentials, credit/calling card numbers etc. into IT equipment located in public places (shoulder surfing)
* Stealing personal information from computers using malware, particularly Trojan horse keylogging programs or other forms of spyware
* Hacking computer networks, systems and databases to obtain personal data, often in large quantities
* Exploiting breaches that result in the publication or more limited disclosure of personal information such as names, addresses, Social Security number or credit card numbers
* Advertising bogus job offers in order to accumulate resumes and applications typically disclosing applicants' names, home and email addresses, telephone numbers and sometimes their banking details
* Exploiting insider access and abusing the rights of privileged IT users to access personal data on their employers' systems
* Infiltrating organizations that store and process large amounts or particularly valuable personal information
* Impersonating trusted organizations in emails, SMS text messages, phone calls or other forms of communication in order to dupe victims into disclosing their personal information or login credentials, typically on a fake corporate website or data collection form (phishing)
* Brute-force attacking weak passwords and using inspired guesswork to compromise weak password reset questions
* Obtaining castings of fingers for falsifying fingerprint identification ... or famously using gummy bears to fool low quality fingerprint scanners[14]
* Browsing social networking websites for personal details published by users, often using this information to appear more credible in subsequent social engineering activities
* Diverting victims' email or post in order to obtain personal information and credentials such as credit cards, billing and bank/credit card statements, or to delay the discovery of new accounts and credit agreements opened by the identity thieves in the victims' names
* Using false pretenses to trick individuals, customer service representatives and help desk workers into disclosing personal information and login details or changing user passwords/access rights (pretexting)
* Stealing checks to acquire banking information, including account numbers and bank routing numbers[15]
* Guessing Social Security numbers by using information found on Internet social networks such as Facebook and MySpace [16]

Did I just see gummy bears as a one technique? :lol:

Miss DubaiForums 2006
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Re: Identity/Credit theft increasing? Apr 27, 2011
Creditcards in general are extremely open to fraud. I try to mimimize my cc use as much as possible. Always try to pay in cash and keep a cc for emergencies. Restaurants tend to take your cc to the back to pay the bill for example. I donot like that. I want my cc always in sight at least.
For online payments I use a seperate cc, with a low max. If something happens the damage is minimized. It is not so much the secure connection that is key (although it is important), but who or what is at the other end of the secure connection. For every payment your cc details are stored in a database. Do you know who has access to those databases???
From what I hear in Holland at least, banks will easily pay damages. Otherwise the trust is gone. Banks loose so much money because of cc fraud, it is almost unimaginable that they let this go on.
Flying Dutchman
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Re: Identity/Credit theft increasing? Apr 27, 2011

Sony Playstation suffers massive data breach; firm criticized

TOKYO/NEW YORK (Reuters) – Sony Corp suffered a huge breach in its video game online network that allowed the theft of names, addresses and possibly credit card data belonging to 77 million user accounts, in one of the largest Internet security break-ins ever. ... F5c3RhdA--

Note - No matter how many precautions a user takes, ultimately its upto the corporations to tighten up their security, Who would have imagined , SONY's SERVERS would be HACKED !!! ,
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Re: Identity/Credit Theft Increasing? Apr 27, 2011
Good ideas FD, I should do the low-limit card for online use.

Zubber, that is shocking news about the Sony data theft! You are right that companies need to do more. They need better data encryption and high standards for employees that have close access to the customer data.
Miss DubaiForums 2006
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Re: Identity/Credit theft increasing? Apr 27, 2011
Identity Theft is Increasing in Dubai , My frnd got Speeding fine i guess later to his surprise he found out some with the same name and same license number was guilty and he cant be traced.
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Re: Identity/Credit theft increasing? Apr 27, 2011
I'm quite glad that HSBC offer a special card for online purchases which only has a low limit to it.
Miss DubaiForums 2005
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