|Back to Back Issues Page
Spear Phishing Risks
April 30, 2013
It is not uncommon to hear of hacker stories who broke into some company systems and stole many of their client names, emails and other personal information. And you may wonder what can I do? This is out of my control. But you may be wrong with this kind of limited thinking. First, you can avoid sharing your personal information with others unnecessarily. Second, even if you realize you already shared your email address with many online companies, you can still opt out of their mailing list. Of course, they can still retain your information, email you again, or even share your information with others even if you opt out, but, by taking action to remove your name and personal information, you reduce your risk and every bit of risk reduction is a good thing.
There are also those cases where your personal information is collected from various sources, processed, analyzed, packaged and sold without your approval. You may or may not be aware of where your information might exist and in what form and I doubt that everyone knows exactly which company owns how much of their information and in what formats. Thus, as a matter of precaution, it is important to stay abreast of the latest hack attacks and stolen information. It is also prudent to be cautious when responding to emails which might appear to be coming from legitimate sources. You see, stolen personal information might be used in a variety of creative ways to commit identity fraud and one of such criminal ways might be to use stolen emails and names to obtain account IDs and passwords. You may have heard of or even seen emails appearing to be from a legitimate source like your bank which asks you to update your personal information by clicking a link because the bank suspects your account was emptied by identity thieves. But in fact, your account gets emptied when you click the link and enter your account ID and password. This is spear phishing and it is very dangerous when considering that people use the same ID and password for many of their accounts.
To reduce your risk of identity theft, be suspicious of good looking emails and online forms which ask for your ID and passwords. Use different IDs and passwords for important accounts. Stop being identity obese and stop sharing your personal information with just anyone. Opt out and unsubscribe from marketing lists, and, ask your banks and other companies you do business with to stop sharing your information with others. This is your right.
Visit our identity theft blog to read recently posted articles.
Until next time, be identity safe,
Recent Blog Articles
Computer Privacy We must seriously think about our computer privacy as we increasingly continue to use our computers in public places.
Fraud Responsibility Depending on the nature of an identity theft case, fraud responsibility may take a while to be determined in order to assess who assumes the fraud losses.
|Back to Back Issues Page