Fraud « id theft fraud prevention

November 23, 2011

Only One in Five Consumers Feel Protected From Fraud During Mobile Banking, Survey Finds

Filed under: Id Fraud Prevention — Tags: Banking, Consumers, During, Feel, Finds, Five, Fraud, from, Mobile, Only, Protected, Survey — admin @ 4:45 pm

Only One in Five Consumers Feel Protected From Fraud During Mobile Banking, Survey Finds

LOS ALTOS, CA (PRWEB) September 26, 2011

ThreatMetrix™, the fastest growing provider of cloud-based fraud prevention solutions that do not require personally identifiable information (PII), today announced results of a joint study with The Ponemon Institute, “Mobile Payments & Online Shopping Survey of U.S. Consumers.” The survey, which looked at U.S. consumers who self-reported they are active users of the Internet, revealed that only 21% feel they are completely protected against fraudsters when conducting mobile banking activities.

For purposes of the survey, mobile banking was defined as “…a term used for performing equilibrated checks, being transactions, payments, credit applications and other banking transactions through a mobile device such as a smartphone or tablet.” The majority of respondents (46%) feel somewhat, but not completely protected from fraud in this channel, with 23% reporting they do not experiencing protected at all. An additional 10% are still uncertain about the level of fraud prevention measures surrounding mobile banking.

“Mobile banking is still a very new strategy for consumers and banks alike,” said Bert Rankin, vice president of marketing, ThreatMetrix. “The big question here is how banks can overcome this barrier to mobile adoption, and enable consumers to feel more secure when conducting transactions from their smartphone. While our survey results showed that many consumers found this functionality to be convenient, the overwhelming majority are still hesitant about mobile banking.”

According to the survey results, only 29% of consumers said they have indeed conducted mobile banking. Of those who have used mobile banking, half reported they did so out of convenience. Of those who expressed they have not used a mobile device for banking purposes, the same percentage (51%) cited it was because of diminished security. Twenty-three percent indicated that privacy concerns inhibited their use of mobile banking.

“Mobile, in particular, is difficult to protect from fraud,” aforementioned Julie Conroy McNelley, senior fraud and risk analyst at the Aite Group. “With around 4,000 different device types to secure, it’s often a daunting task. On top of that, few consumers are using anti-virus or anti-spyware software on their mobile devices. Mobile, just like more traditional e-commerce transactions from a desktop, has the potential to become a hotbed for fraud.”

Mobile Payments

Along with mobile banking, mobile payments still have a long way to go for widespread adoption, according to survey results. In the survey, a mobile payment – sometimes known as a mobile wallet — was defined as “an alternative payment method. Instead of paying with cash, check or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard goods. Sixty-percent of surveyed consumers have never made a mobile payment, despite the fact that the majority own a smartphone.

However, eighty-four percent of consumers indicated that it is “important” or “very important” for online payment service providers to express a commitment to protect them against fraud and other abuses – especially in the mobile channel.

“Many of today’s payment providers have yet to fully embrace and promote their fraud prevention strategies,” said Rankin. “This is reflected in consumer preference to use either attributed cards or PayPal when made a mobile payment today, as these payment methods are most familiar to consumers.” Sixty-one percent of survey respondents said they prefer PayPal, with 53% indicating a preference for just using an attributed card. “Other payment processors like Google Wallet and CheckFree should be aware that fraud is a very real concern and often a barrier to consumers using these services when shopping from a mobile device.”

For a free Executive Research Summary of the “Mobile Payments & Online Shopping Survey of U.S. Consumers” download it here. Other topics covered in the survey include online spending intentions and fraud outlook for Cyber Monday and the upcoming holidays, as well as findings around social media and government-related payments.

About Ponemon Institute

The Ponemon Institute© is dedicated to advancing responsible information and privacy management practices in business and government. To achieve this objective, the Institute conducts independent research, educates leaders from the private and public sectors and verifies the privacy and data protection practices of organizations in a variety of industries. For more information, visit http://www.ponemon.org.

About ThreatMetrix

ThreatMetrix helps companies stop web fraud and accelerate e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. The ThreatMetrix Cloud-Based Fraud Prevention Platform, incorporating ThreatMetrix SmartID™ cookieless device identification, provides online businesses with the ability to protect themselves and their customers by verifying new accounts, authorizing payments and transactions and authenticaticating user logins in real-time. Online businesses can deploy the ThreatMetrix Cloud-based Fraud Prevention Platform , which does not rely on personally identifiable information (PII), for traditional online activity via a personal computer as well as for roving and tablet devices. The company serves a quickly growing customer basal around the world across a variety of industries including social networks (dating, gaming), financial services, e-commerce, affiliate marketing and payments. For more information, visit http://www.threatmetrix.com or call 1-650-625-1451.

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© 2011 ThreatMetrix. All rights reserved. ThreatMetrix, the ThreatMetrix Cloud-Based Fraud Prevention Platform, ThreatMetrix SmartID, ThreatMetrix ExactID, and the ThreatMetrix logo are trademarks or registered trademarks of ThreatMetrix in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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November 15, 2011

how do i put fraud alert on my account so no one can aplly for credit in my name? i see possible id theft?

Filed under: Id Theft Fraud — Tags: account, Alert, aplly, Credit, Fraud, name, possible, Theft — admin @ 1:46 am

Question by Rayne: how do i put fraud alert on my account so no one can aplly for credit in my name? i see possible id theft?
occurring and on my credit report it seems the same things are listed over and o’er again, why is that? also i dont want anyone to be able to apply for anythng in my name. the company who did my impute check is called mind your business inc, are they whatsoever good?

Best answer:

Answer by CatDad
First, you have the right to dispute any inaccurate info on your credit file, here’s how: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre21.shtmIf this is ID theft, then here is a good article about the demand steps to take, including putting fraud alerts on your credit files: http://www.privacyrights.org/fs/fs17a.htm

What do you think? Answer below!

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November 12, 2011

BankInfoSecurity and ThreatMetrix Co-Sponsor September 29 Webinar: ?FFIEC Guidance – How to Use Layered Security to Fight Fraud?

Filed under: Id Fraud Prevention — Tags: BankInfoSecurity, CoSponsor, FFIEC, Fight, Fraud, Guidance, Layered, Security, September, ThreatMetrix, Webinar — admin @ 4:46 am

BankInfoSecurity and ThreatMetrix Co-Sponsor September 29 Webinar: “FFIEC Guidance – How to Use Layered Security to Fight Fraud”

Los Altos, CA (PRWEB) September 23, 2011

ThreatMetrix™, the fastest growing provider of fraud prevention solutions that do not require personally identifiable information (PII), today announced that its chief products officer, Alisdair Faulkner, will be speaking alongside other industry thought leaders in a September 29 webinar on “FFIEC Guidance: How to Use Layered Security to Fight Fraud.” The webinar is hosted by BankInfoSecurity and co-sponsored by ThreatMetrix, LexisNexis Risk Solutions and Attachmate Corporation.

Faulkner will be joined by Matthew Speare, senior vice president of information technology at M & T Bank Corporation, who will discuss how his institution has tackled the layered security strategy in all aspects of electronic banking. Other webinar presenters and co-sponsoring companies containing Michael Smith, fraud market planning lead of LexisNexis Risk Solutions, and Mark Benoit, security specialist at Attachmate Corporation.

In response to heightened incidents of fraud against banking institutions and customers, the Federal Financial Institutions Examination Council (FFIEC) recently released a supplement to its “Authentication in an Internet Banking Environment” guidance, which was first issued by the FFIEC in October 2005.

“In my presentation, I will demonstrate how our fraud prevention platform is the most cost effective first perimeter of defense for banking institutions and e-commerce companies in their daily fight against online fraud,” said Faulkner. “The ThreatMetrix™ Cloud-Based Fraud Prevention Platform provides banking and financial institutions with smart device identification — complex device identification — and contextual risk scoring that fully complies with the specific layered customer authentication security program recommendations spelled out by the FFIEC.”

WHAT: Webinar participants will learn:

The types of layered security controls prescribed by the FFIEC, and what examiners will be looking for from institutions starting in January 2012.

Tips from banking institutions that are already deploying layered controls, such as knowledge-based authentication, device identification, behavioral monitoring, anomaly detection and cross-channel pattern analysis.

Emerging technologies that will enable banks to more efficiently and effectively know their customers, improve fraud detection and create layered protection across all maintenance activities and customer devices.

WHEN: 1 p.m. EDT, Thursday, September 29, 2011

WHERE: Register online at BankInfoSecurity

WHY: Participants will receive a:

90-minute presentation on layered security controls and how to conform with the FFIEC Authentication Guidance

Printable copy of the presentation and reference materials ($ 99 value) delivered to all attendees before the workshop

Certificate which may be used towards obtaining continuing professional education (CPE) credits.

WHO: The webinar is designed for chief information officers, chief operations officers, chief information security officering, chief compliance officers and managers, directors and C-level executives of information security, fraud and risk.

Additional Resources

Datasheet: ThreatMetrix™ Cloud-Based Fraud Prevention Platform Whitepaper: “Is Your Device ID Ready for the FFIEC?” Webinar: “Is Your Device Identification Ready for New FFIEC Guidance?” Demo: ThreatMetrix SmartID™ Demo

About ThreatMetrix:

ThreatMetrix helps companies stop web fraud and accelerate e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. The ThreatMetrix™ Cloud-Based Fraud Prevention Platform, incorporating ThreatMetrix™ SmartID cookieless device identification, provides online businesses with the ability to protect themselves and their customers by verifying new accounts, authorizing payments and transactions and authenticating user logins in real-time. Online businesses can deploy the ThreatMetrix Cloud-based Fraud Prevention Platform, which does not rely on personally identifiable information (PII), for traditional online activity via a personal computer as well as for mobile and tablet devices. The company serves a rapidly growing customer base around the world across a variety of industries including societal networks (dating, gaming), financial services, e-commerce, affiliate marketing and payments. For more information, seeing http://www.threatmetrix.com or call 1-650-625-1451.

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©Copyright 1997-

, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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October 11, 2011

He was convicted of ID theft and credit card fraud, but he says that he..?

Filed under: Id Theft Fraud — Tags: Card, convicted, Credit, Fraud, he.., Says, Theft — admin @ 1:49 pm

Question by Lisa S: He was convicted of ID theft and credit card fraud, but he says that he..?
…didn’t know that it was a felony!!! How could this be? I recently got a hold of his entire case, and it is clearly a felony. Is it possible to be charged with a felony and just not know? I mean, this sounds like bologna to me. He had to know that it was a felony. What do you all think?

Best answer:

Answer by ranger_co_1_75
Would a criminal lie to you? I think you are on the right introduce. You can make a lot of Bologna sandwiches with what this guy is telling you.

What do you think? Answer below!

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October 2, 2011

Obama Identity Theft – Mortgage & Real Estate Fraud! Pt. 1

Filed under: Id Theft Fraud — Tags: Estate, Fraud, Identity, Mortgage, Obama, Real, Theft — admin @ 10:46 pm

This is an interview that was conducted by Rick Wiles of TruNews.com talking with an anonymous man named “Al”. “Al” is a Professional debt collector. A client hired him to locate a debtor and collect the money. During his investigation into the original debtor, he unexpectedly stumbled across Michelle Obamas name and from there on, things take an interesting turn, with some new insight into the “Obama drama”! Possible Identity theft, Mortgage and Real Estate Fraud! Just to name a few! Who is Harrison J Bounel or Bounel Harrison J using Obama SSN with his supposed home address? Startling revelations. We have .pdf’s of the reports being discussed in this interview on our site getthetruthout.freeforums.org in the Obama Administration section. You will have to register with us, sorry for the inconvenience.
Video Rating: 4 / 5

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September 24, 2011

Do You and Your Bank Know About Fraud Prevention?

Filed under: Id Fraud Prevention — Tags: about, Bank, Fraud, Know, Prevention — admin @ 7:44 am

Do You and Your Bank Know About Fraud Prevention?

Fraud prevention is by far one of the biggest concerns on not only the government’s minds but also you, as the consumer. Due to the amount of fraudulent activities there have been many changes in the way that we live our daily lives and how we handle our many. A good example of these changes is the movement from signed card receipts, of which could easily be signed by a fraudulent person to the new chip and pin system. However, no matter how hard you work if your bank is not taking the right fraud prevention precautions then you may find that all you do is in vein.

So what can your bank do in order to take the necessary fraud prevention precautions? Well aside from the chip and pin system, think about the online system your bank employs. Many banks have moved over now to the PinSentry system in order for you to receive a code, which in turn let you to get into your banking. This may have at first seemed safe, however, after a few months there were already claims surfacing that the system used to generate the unique codes had been cracked by software allowing such things to be done without the insertion of the card and pin code.

This would mean that further fraud prevention techniques would need to be put in place and in response to this. Since then banks have changed their systems (although there are still rumours of software that can duplicate the codes around). This code change has incorporated strict time limits on how long you have until your code becomes invalid as well as how long you can stay stationary on one page before you are automatically logged divulged. These fraud prevention techniques used online may not seem wish much when looked at individually as we are doing, but if you take all these techniques and merge them it becomes much harder for a person to steal your identity in order to access your money.

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Fraud prevention does not stop at your online banking account as cards are being repeatedly used online where the security found in shops is no where to be seen online. Not only can your card be used online if they have stolen it but there is besides software, again illegal, that can make such information so that they don’t still require to move your card details.

However, the difference is that some banks, such as Natwest, have set in an extra filter which means that you are taken to a Natwest security site which then makes you have to use, not only your password, but also your pin number before the money is taken away of your account when doing a card purchase. By using this fraud prevention technique the majority of online fraud could be, and has been stopped, on the other hand if these tactics are not shared and used by all banks then your money might not be as procure as you believe.

If anything in this article has worried you do speak to your bank to do certain they have put in place full business fraud prevention systems for both online shopping and online banking.

Article Source: http://EzineArticles.com/?Do-You-and-Your-Bank-Know-About-Fraud-Prevention?&id=3075480

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September 18, 2011

To hum do I report attempt fraud or ID theft?

Filed under: Id Theft Fraud — Tags: attempt, Fraud, Report, Theft — admin @ 1:46 pm

Question by rafydela4u: To hum do I report attempt fraud or ID theft?
e-mail messeges luring to give phone and bank accout numbers

Best answer:

Answer by GARY H
Me

Add your own answer in the comments!

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September 7, 2011

ID Theft and Fraud?

Filed under: Id Theft Fraud — Tags: Fraud, Theft — admin @ 1:46 am

Question by chuckleburry: ID Theft and Fraud?
Okay, me and my guest went to Don Pablos for dinner, our meal was a total of $ 20.71, i left no tip for the first time in my life because our waitress was absolutely the worst. Well, a few days later i check my bank statement saying by meal was for $ 48.71. I went to the restauraunt, the waitress left herself a 27 dollar tip on my exspense, the manager gave me a 1 800 number to don pablos cuz she said she cant help me, also she only gave the waitress a warning! It is unreal that she did not get fired, she committed theft! i was wondering if i could take judical actions against the waitress and the company for not being able to provide me with a reciet or any documentation and only giving her a warning.

Best answer:

Answer by Crazybird
I would call your impute card and said them what happen. Then always remember to mark out every line and write the total in yourself. They can and do Dr. up your receipt if you’re not careful.

Know better? Leave your own answer in the comments!

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August 29, 2011

ThreatMetrix Addresses Five Channels of Online Fraud for the Back-to-School Season

Filed under: Id Fraud Prevention — Tags: Addresses, BacktoSchool, Channels, Five, Fraud, Online, Season, ThreatMetrix — admin @ 10:46 am

ThreatMetrix Addresses Five Channels of Online Fraud for the Back-to-School Season

Los Altos, CA (PRWEB) August 23, 2011

ThreatMetrix™, the fastest growing provider of fraud prevention solutions that do not require personally identifiable information (PII), uncover five channels prostrate to online fraud during the rearward-to-school shopping wave.

The back-to-school timeframe represents one of the largest shopping surges in the U.S. This year, consumers are expected to spend more than $ 68 billion on books, apparel, paper, pencils, backpacks and other school supplies, according to the National Retail Federation. Of that, an increasing amount is likely to be spent with online retailers. Internet Retailer cites that 31.7% percent of consumers buying supplies for K-12 students will shop online this year, up from 30.8% last year. And for college purchases, 33.4% of consumers are planning to purchase on the web, up from 28.6% in 2010.

“It’s no surprise that retailers, especially those in the education sector, see a peak in transactions throughout August and September, as consumers are purchasing for back-to-school and even pre-holiday,” said Alisdair Faulkner, chief products officer, ThreatMetrix. “In this high-traffic season, it’s important for merchants to take preventative measures in order to protect their customers, and themselves, from being victims of online fraud.”

Five Channels of Online Fraud for the Back-to-School Season

1. Online Purchases: Goods commonly purchased during the backwards-to-school season range from locker gear and dorm furniture, to fall clothing, textbooks and laptops. Traditionally these were items normally purchased in-store, but as e-commerce has continued to expand at a rapid walk, online purchasing has become easier; in turn, interpret to a higher potential for fraudulent online activity.

A solution to this: Retail sites can integrate alternative payment options into their checkout process. One company, BillMyParents, partners with retail sites to provide a safe way for teens and young adults to shop online. The site integrates a “BillMyParents” payment button next to each product or in the shopping cart. Selected items are immediately emailed to parents, who tinned easily manage and approve requests. BillMyParents uses the ThreatMetrix™ Cloud-Based Fraud Prevention Platform to combat fraud in common scenarios such as validatory new accounts, authorizing payments and transactions, and authorizing user logins. These are common fraudulent scenarios for retail sites not using alternate payment options as well.

2. Online Book Rentals: Textbook rental sites are becoming increasingly popular, providing a convenient and being-effective way for parents and students to afford textbooks each semester. These rental sites would do well to protect against fraudsters who might use a forge credit card to rent books, and then resell those books for individual profit.

3. Banking: College students are oftentimes opening first-time banking and lending accounts to prepare for the expenses that emanating along with going back to school. Credit card companies, in particular, use this window of time to ramp up efforts to target college campuses, according to recent research by an University of Houston Law Center. This, despite the CARD law that went into effect in 2010 that aimed to deter companies from targeting college students. The findings revealed that 76% of the 300 survey respondents received a preapproved credit card offer in 2010.

According to a recent ThreatMetrix consumer survey, 88% of consumers said they would not do business with banks or ascribed card and online payment processors if they had doubts about their security measures. While the financial services industry is widely targeted by fraudsters 24/7, it’s important to have fraud prevention solutions in place as traffic heightens during the back-to-school season, said Faulkner.

4. Social Media: In preparation for the new school year, students and parents are often leveraging social networks and joining online groups in anticipation of upcoming classes and redundant-curricular activities. A new Deloitte LLP survey found that 35% of surveyed parents indicated they would be leveraging social networked sites for back-to-school shopped — a 6% jump from concluding year’s results. However, according to Faulkner, fraudsters also like to leverage these same networks to send spam, infect computers or test stolen credit cards for available balances.

5. Gaming: While gaming is often viewed as an uncomplicated social activity, it’s an industry that is far from protected against fraudsters. For example, there has recently been a surge of targeted breaches on everything run from small online games to large networks like Sony’s PlayStation.

Online merchants across a variety of industries can address these faces of fraud in preparation for one of the most prominent buying seasons all year. “Merchants must leverage smarter fraud prevention technology in order to differentiate between the good and bad buyers,” added Faulkner.

Additional Resources

Datasheet on the ThreatMetrix Cloud-Based Fraud Prevention Platform Blog on the ThreatMetrix Cloud-Based Fraud Prevention Platform Comic on ThreatMetrix SmartID Cookieless Device Identification ThreatMetrix SmartID Demo About ThreatMetrix
ThreatMetrix helps companies stop web fraud and accelerate e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. The ThreatMetrix™ Cloud-Based Fraud Prevention Platform, incorporating ThreatMetrix SmartID™ cookieless device identification, provides online businesses with the ability to protect themselves and their customers by verifying new accounts, authorizing payments and transactionsand authenticating user logins in real-time. Online businesses can deploy the ThreatMetrix Cloud-based Fraud Prevention Platform, which does not rely on personally identifiable information (PII), for traditional online activity via a personal computer as well as for mobile and tablet devices. The company serves a rapidly growing customer base around the world across a variety of industries including societal networks (dating, gaming), financial services, e-commerce, affiliate marketing and payments. For more information, visit http://www.threatmetrix.com or call 1-650-625-1451.

© 2011 ThreatMetrix. All rights unemotional. ThreatMetrix, the ThreatMetrix Cloud-Based Fraud Prevention Platform, ThreatMetrix SmartID, ThreatMetrix ExactID, and the ThreatMetrix logo are trademarks or registered trademarks of ThreatMetrix in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

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August 17, 2011

Fraud Prevention – Virtual & Non-tangible Item Sales

Filed under: Id Fraud Prevention — Tags: Fraud, Item, Nontangible, Prevention, Sales, Virtual — admin @ 10:46 pm

Fraud Prevention – Virtual & Non-tangible Item Sales

Lets face it. Fraudulent internet purchases is rampant, worse for non-tangible items and in absolute chaos for mmorpg virtual item and account sales. To assume that there is not an abundance of nefarious individuals hacking paypal accounts and roaming the internet looking for their prey would be a catastrophic mistake.
Yes, I have fallen prey to these hungry villains in the past and they have gouged me deeply with their razor sharp daggers. I have acquire allot over the past 8+ years. My experiences have enabled me to construct a sound prevention plan. Its implementation has brought my wife and I astonishing results as sellers of Ultima Online gold and Resources and Eve Online ISK on ebay. I carry and use that plan on my website and my wife’s website as well
I cannot say that these tips will guarantee anyone the same results but I tin assure anyone who applies them that they will have selfsame good results.
First we need to understand that establishing some kind of identity is our goal here. If we do that it will lay to rest many if not all of our concerns. What and how much information we may need from a buyer will depend on certain situations and the information provided with their purchase. Asking for as much information as possible during the purchasing process and informing the buyer what you may or may not do with this information may deter fraudsters from even completing the purchase which will save you much time and grief down the road.

PayPals Seller Protection policy for virtual and non-tangible items is a no go
PayPal is great. I use PayPal exclusively as my payment gateway. They are safe, secure and cheap to use as opposed to using a commercial bank account account to accept credit cards. Sellers for the most part can feel safe because of Paypals Seller Protection policy. The problem here is that we as virtual / non-tangible item sellers is that we are NOT covered by this protection because we are not shipping an item and cannot provide proof of shipping. Security and fraud prevention is 100% our responsibility. There is no online payment gateway which offers protection for non-tangible items. If there were then this would be a one line article directing you to that web sites URL ]]>
Provide confirmed shipping/credit card address
Although we are not actually shipping an item this is very important. It helps us on several fronts including letting us know… that the buyer knows… their credit card billing address. We cannot view a buyers credit card info on paypal and it is the only way we have of knowing.

Call buyer. Require Phone number, Non cellular land line if possible.
ALWAYS, ALWAYS call a first time buyer no matter how small the purchase. This simple phone call is the single most important step in fraud prevention. It alone will wipe out more than 80% of the fraud.

Address and Telephone number match. In many case we are able acquire an address from a telephone amount by performing a reverse lookup on the buyers call amount using bigfoot.com . Keep in mind that bigfoot’s data is not always accurate and the address may not agree but it will get you in the proximity. This simply means that we need to take additional steps for the confirmation. The phone type is not always accurate either, if you feel uneasy about the transaction and want to be sure of the call typewriting then I recommend using maxmind.com, it is a paid service but worth every penny. Maxmind will also provide more detail pointing retired the anonymous types such as pay phones and store purchased pre-paid cell phones.

If it is a land line and that address also matches the paypal confirmed shipping address then we are looking good. Simply make the phone call to make sure that the phones owner is really making a purchase. The phone call is also used to insure that a child is not attempting the purchase.You would be surprised with the number of payment reversals we have had as a result of children hijacking their parents paypal account or Credit card. Cell phones may be acceptable depending on the situation and other provided information. We simply are not able to get enough info on cell phones to concrete any deal.

GEO IP lookup. Website owners should capture a buyers IP address and perform a geographical lookup on the IP address. Again I recommend using maxmind to do this. I have tried using many other lookup web sites and have found maxmind to be the most accurate. If GEO IP lookup resolves to the proximity of the buyers confirmed address and telephone number then we can assume that this is a valid purchase. AOL IP’s will not resolve properly because of their funky proxy system, otherwise maxmind will see through most other proxy systems or at least inform you of it. In this case one may want to be stricter on some of the other prevention measures. In any case if it resolves to a country other than the buyers country you should always refuse the order.

Internet service provider email address ( Email confirmation )
I typically simply use this if I am still a little concerned about the purchase and the buyer has provided a cell phone number or the GEO IP LookUp was unsuccessful. Simply ask the buyer for their Internet service provider email ask, send them an email and ask them to reply to it. Do not rely on hotmail, gmail, yahoo etc email addresses. Anyone can get those and they serve no purpose in regards to security.

Online ID Verification services
If all else fails you are down to 2 choices. #1 Reject the order or #2 Ask the buyer to register with an online ID verification service. For gamers I recommend using TrustWho.com otherwise try Verisign.com

To date we have not had a single report of fraud on my website RPGBids
Fraud on my wife’s web site RPGloft is less than .05%.

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August 12, 2011

Identity Fraud

Filed under: Id Fraud Prevention — Tags: Fraud, Identity — admin @ 4:50 am

Call Now 877 735 0539 To Protect Your Identity! For more info go to: IDentityTheftProtectionExpert.com
Video Rating: / 5

www.ProtectYourself.tv – Free tips on how to protect yourself from fraud and identity theft. This tip deals with your cell telephoning and the importance of keeping it safe.
Video Rating: 5 / 5

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August 9, 2011

Identity Theft Prevention; Online Banking Fraud

Filed under: Id Fraud Prevention — Tags: Banking, Fraud, Identity, Online, Prevention, Theft — admin @ 7:50 am

Former Citibank Security Architect and Entrust CTO offer tips for securing the online banking channel

Javelin Strategy & Research 2011 Identity Fraud Survey Report Co-Sponsored by Fiserv, Intersections and Wells Fargo. In 2010, identity theft and fraud claimed fewer victims than in any other period since Javelin began conducting survey in 2003. Driving that decrease was the reduced rate of existing account fraud, although incidents of all types of fraud dropped from 2009. Meanwhile, consumer costs, the average out-of-taken dollar amount victims pay, increased, reversing a downward trend in recent years. This increase can be attributed to new account fraud, which showed longer periods of misuse and detection and therefore more dollar losses associated with it than any other type of fraud. The Javelin 2011 Identity Fraud Survey Report provides a detailed, comprehensive analysis of identity fraud in the United States to aid consumers and businesses better apprehended the effectiveness of methods used for its prevention, detection and resolution. A nationally representative sample of 5004 US adults, included 470 fraud victims, was surveyed via a 50‐question phone interview, providing insight into this crime and the effects on its victims. This report, supported by the Better Business Bureau, is issued as a longitudinal update to the Javelin 2005, 2006, 2007, 2008, 2009 and 2010 Identity Fraud Survey reports and the Federal Trade Commission’s (FTC’s) 2003 report. Javelin’s eighth annual Identity Fraud Survey Report is the most comprehensive research study of the subject in …
Video Rating: 5 / 5

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July 31, 2011

26 Top Tips for Identity Theft and ID Fraud Protection

Filed under: Id Fraud Prevention — Tags: Fraud, Identity, Protection, Theft, Tips — admin @ 4:56 pm

It is estimated that 1 in 7 of us has been the victim of Identity Theft in the UK. It’s one of the fastest growing crimes but detection and prosecution rates are low. Because of this the only viable alternative is prevention.

Fellowes ID Fraud PRevention – UK

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July 28, 2011

Identity Theft and Credit Fraud Protection – Michael Madsen and Experian

Filed under: Id Theft Fraud — Tags: Credit, Experian, Fraud, Identity, Madsen, Michael, Protection, Theft — admin @ 7:47 pm

acreditcard.info What’s in Your Wallet? Get % Interest fee now!

Federal prosecutors in New Jersey say 53 people are charged in a widespread identity theft and fraud investigation. The US Attorney’s Office says the scheme spanned several states. (Sept. 16)
Video Rating: 4 / 5

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