Study Shows Identity Theft of Children 51X More Likely
Based on a recent assessment of 40,000+ SSNs of children, it was found that more than 10% those SSNs were being used by someone other than the child, far in excess of the rate of misuse in the adult population. The study points out the major issues that surround child identity theft and why we need to start paying attention now. It is more prevalent than many think and the threat is growing. Here are a few of the statistics that were found:
- 4,311 or 10.2% of the children in the report had someone else using their Social Security number – 51 times higher than the 0.2% rate for adults in the same population
- Child IDs were used to purchase homes and automobiles, open credit card accounts, secure employment and obtain driver’s licenses
- The largest fraud ($725,000) was committed against a 16 year old girl
- The youngest victim was five months old; 303 victims were under the age of five
Parents need to stop ignoring child identity theft. It is one thing to ignore it for yourself, but failing to protect children, who are otherwise helpless to this crime, shows a definite lack of parental responsibility.
Acting now on behalf of your child will protect them from consequences common to child victims. Click on Child Identity Theft Protection Tips to learn more about the steps you should take.
Sony Data Breach Grows by 25 Million – $1 Billion Price Tag
Sony just admitted this week that their Sony Online Entertainment (SOE) division, which they though was not affected by the recent breach, has also been compromised. They believe that the hackers stole personal information from an additional 25 million users and that the breach included credit card information.
In an unrelated article, Mizuho Investors Securities analyst Nobuo Kurahashi estimated the cost of Sony’s recovery from the data breaches to be approximately $1.25 billion:
Kurahashi estimates that the data breach will cost Sony about Y100 billion, or $1.25 billion from lost business, various compensation costs and new investments–assuming that no additional security problems emerge. The cyber attacks on Sony in recent weeks involved the theft of personal data that include names, passwords and addresses from accounts on its PlayStation Network and Sony Online Entertainment gaming services. Sony has also said that more than 10 million credit-card numbers may have been compromised.
The return on investment of Sony simply protecting their customer data properly in the first place would be thousand-fold. But if companies were doing more to protect themselves before the attack, what would we write about?
John Sileo’s motivational keynote speeches train organizations to play aggressive information offense before the attack, whether that is identity theft, data breach, cyber crime, social networking exposure or human fraud. Learn more at www.ThinkLikeASpy.com or call him directly on 800.258.8076.
iPhone Location Tracking Leads to Privacy Lawsuit
Apple has been hit with a lawsuit in Florida alleging the company is violating iPhone user’s privacy and committing computer fraud. The case came in response to news that the iPhone maintains a time stamped location log, and that data is also stored on user’s computers.
The lawsuit was filed in Federal court in Tampa Florida on April 25 by two customers who claimed Apple was tracking iPhone owner’s movements without consent, according to Bloomberg.
The case was filed after word that the iPhone and iPad with 3G support maintains an unencrypted log file showing where users are based on cell tower triangulation. That file is transferred to user’s computers during the sync process with iTunes and is maintained as part of the device’s backup file collection.
Location logging has been active in the iPhone and 3G iPad since the release of iOS 4 last June, which means some users have nearly a year’s worth of data stored away. Apple is denying that they are actively tracking user locations.
Award-winning author and identity theft keynote speaker John Sileo trains executives and employees to respect and protect the data that makes their company profitable. His clients included the Department of Defense, Homeland Security, FDIC, Pfizer, Blue Cross and organizations of all sizes. Contact him directly on 800.258.8076 or watch him deliver an Identity Theft Speech.
Sony PlayStation Network User Information Hacked
Sony Corp. on Tuesday admitted that hackers have obtained personal data and possibly credit card information of tens of millions of people who have registered for PlayStation Network, the company’s online game and movie service, as well as its Qriocity digital music service.
PlayStation is a fun game, data breach is not.
As of March 31st, the Sony PlayStation Network has about 77 million accounts. These accounts link users to the network to obtain downloads and access online movies through services like Netflix. While Sony states that not all of the 77 million accounts are active accounts and some individuals have multiple accounts, they are not denying that a breach of information occurred.
The company spokesman, Patrick Seybold, admitted that the hackers not only gained such information as names, addresses, phone numbers, user names, birth dates, email addresses and passwords of registrants; but they are unsure if credit card information was compromised as well. Update: Sony recently announced that an additional 25 million records were breached.
“While there is no evidence at this time that credit card data was taken, we cannot rule out the possibility,” Seybold wrote. ”If you have provided your credit card data through PlayStation Network or Qriocity, out of an abundance of caution we are advising you that your credit card number (excluding security code) and expiration date may have been obtained.”
Are You Begging to Get Fired?
We’ve all done it before – left the table to get a coffee refill or go to the bathroom and left our laptop, iPad, smartphone or purse sitting on the table. We justify it by telling ourselves that we are in a friendly place and will only be gone a second. Our tendency is to blame technology for information theft, but the heart of the problem is almost always a human error, like leaving our devices unattended. Realizing that carelessness is the source of most laptop theft makes it a fairly easy problem to solve.
My office is directly above a Starbucks, so I spend way too much time there. And EVERY time I’m there, I watch someone head off to the restroom (see video) or refill their coffee and leave their laptop, iPad, iPhone, briefcase, purse, client files and just about everything else lying around on their table like a self-service gadget buffet for criminals and opportunists alike.
I trust deeply in the honesty and integrity of the people I know well, but if you are trusting your Starbucks crowd with this amazingly valuable data, you are going to get a steaming hot lap full of trouble. Data thieves target places like this because it is an upscale, trusting clientele. Just ask Ben Bernake, Chairman of the Federal Reserve, whose wife got taken at a Starbucks.
Comprehensive Opt Out List for Marketing Databases
Major data breaches like the recent Epsilon Breach occur frequently, even if you don’t hear about all of them. With all the publicity surrounding this particular breach, people have been asking how to remove themselves from some of those marketing lists that are frequently compromised.
Opting our of marketing databases is one way to lower your risk of becoming a data breach victim.
So, how do I get out of marketing data bases?
Most databases allow you to opt out of having them share and sell your information, you just need to find out how. Many sites make it tricky to get this done, but most sites that are selling or harvesting your information allow you to do so one way or another.
The Privacy Rights Clearing House lists 135 marketing data brokers who are selling your private information, and tells you whether or not they have opt-out policies. If they do, you have to go to the brokers’ websites and suppress your name yourself. Most of the sites have hard-to-find opt out pages, but you can generally track them down by visiting the Privacy Policy which frequently appears as a link in small print at the bottom of the home page.
Facebook Can Use Your Photos in Their Ads Without Permission
Did you know that Facebook can use photos you post on the site in advertisements targeted on the right (advertising) side of your contact’s profile?
Unless you customize your privacy settings, Facebook can share just about anything you post with just about everyone. Using your intellectual property for their financial gain is not a new Facebook issue, but one that should be revisited due to recent Facebook Privacy changes. Here’s the funny part: you gave Facebook the right to use any of your content in any way they see fit when you signed up for your account and didn’t read the user agreement. If you visit the Facebook Statement of Rights page you will see the following:
You own all of the content and information you post on Facebook, and you can control how it is shared through your privacy and application settings. In addition:
- For content that is covered by intellectual property rights, like photos and videos (“IP content”), you specifically give us the following permission, subject to your privacy and application settings: you grant us a non-exclusive, transferable, sub-licensable, royalty-free,
worldwide license to use any IP content that you post on or in connection with Facebook (“IP License”). This IP License ends when you delete your IP content or your account unless your content has been shared with others, and they have not deleted it.
iPad & Tablet Users Asking for Identity Theft
The identity theft and corporate data risk problem isn’t limited to iPad users – it affects all Tablets – but iPads are leading the way. With the rapid increase in highly powerful tablet computers, including the Motorola Xoon and Samsung Galaxy, a new survey is urging users to beware of the risks. Harris Interactive just released a study showing that tablet users transmit more sensitive information than they do on smartphones and are considerably less confident of the security protecting those tablets.
The survey shows that 48% of tablet users transfer sensitive data using the device while only 30% of smart phone users transfer sensitive information. The types of sensitive data included credit card, financial, personal and even proprietary business information. Many factors contribute to the increased risk:
- Users initially bought tablets as book readers and web browsers, but have increasingly added to their functionality with new Apps.
- Tablet computers are in their infancy and haven’t been equipped with the same security features as laptops and desktops.
- Corporate users haven’t yet been trained on securing the data on tablets.
- Tablets are more capable than smartphones, making it a natural laptop replacement, but without the robust, time-tested security.
- Indiscriminate App downloading (covered in detail in the Smartphone Survival Guide) greatly increases chances of accidentally loading malware to your tablet.
Identity Theft is #1 Consumer Complaint 11th Year in a Row
According to the Federal Trade Commission, Identity Theft still tops the annual list of consumer complaints. The list was released last Tuesday and Identity Theft was #1 for the 11th year in a row with more than 250,000 complaints. Identity theft accounts for 19% of all consumer complaints received by the FTC last year.
Why is this such a lingering, time-tested problem? Because most people, most businesses, read about it being such a terrible problem, and then go off an do little about it. Corporations fail to train their employees on personal identity theft, and that lack of skill and prevention framework seeps into the workplace. This, in turn, leads to the loss of more data, customer records, employee files and intellectual capital.
The report also states that the Miami-Ft. Lauderdale, Fla. area ranks #1 in the nation for identity theft complaints per capita. Number 2 on that list is Brownsville, Texas followed by Dunn, N.C.
The 10 top consumer complaints nationally in 2010 were:
- Identity theft
- Debt collection
- Internet services
- Prizes, sweepstakes and lotteries
- Shop-at-home and catalog sales
- Impostor scams
- Internet auctions
- Foreign money, counterfeit check scams
- Telephone and mobile services
- Credit cards
Entire Town in Colorado Has Identity Stolen
In a town with a population of about 3,000 people it seems that almost all the citizens of Bennett, Colorado have had their identity stolen. The scheme was simple and it was easy to fall victim. Identity thieves apparently used skimmers to extract credit and debit card numbers from individuals. Skimmer scams can happen when the criminal installs a “skimming” device over the card slot of an ATM, debit or credit card reader. The skimmer then reads the magnetic strip as the user unknowingly passes their card through it.
In the case of Bennett, Colorado it is believed that this was done at a local King Soopers gas pump. The skimmer is gone now and authorities are on the hunt for the thief. King Soopers has denied that any of the fraudulent activity happened at their gas pumps and authorities have also said that they knew this was a crime spree for the past few weeks. In the meantime, many of the victims who used debit cards are without those funds because its the same as using cash. The average amount stolen was around $700 and more people are coming forward every day.
There are many ways you can make sure that you don’t become a skimmer victim.
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