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Identify theft is a crime in which attackers use personal or financial information from a victim to commit fraud and/or unauthorized access. Identity theft occurs in different ways where victims are left devastated by the damage not only to their finances but also to their reputation.
How does identity theft work?
- Identity theft is often linked to phishing or other social engineering attacks. Criminals use the victim's sensitive information to gain money or goods.
- There are several forms of identity theft, but the most common and dangerous is financial.
- Various cybersecurity tools and programs can help users keep track of their credit reports, unauthorized use of Social Security Numbers, and other financial activity.
- Recovering from identity theft is not a "walk in a park" scenario. According to The Federal Trade Commission (FTC), it takes roughly 6 months and 200 hours of work to recover from an identity theft.
Identity Workflow:
THE SCAM
A phishing attack that's designed to capture someone's password or other credentials.
THE GOAL
To acquire credentials that allow cybercriminals to log into company systems and applications. Highly privileged passwords that belong to administrators or executives are specially prized.
THE SETUP
Credential theft can happen through email, SMS text, instant messaging - even by phone. This slippery foe can wear many disguises like:
A message that directs the recipient to enter a password on a webpage
An alert that it's time to update your password
An inquiry about a password that's needed for a seemingly routine task
A notice that an app has changed, and you'll need to create a new account
THE DAMAGE
Cybercriminals use the stolen credentials to walk right in the front door of a company, enabling them to install malware, steal data, or gain access to systems without raising suspicion until it's too late.
Cybercrimes are not going away anytime soon. That is why our CEO and Cybersecurity Specialist - Paul General along with his team at General Technologies are continuously working to stay on top of these bad actors making sure that each company we're working with is fully protected from any form of attacks.
Get your cyber strategy in line now! Contact us today!
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]]>What is Identify Theft?
Identity theft is a fraudulent act to get or use someone’s private or personal information such as name, social security number, bank details, etc. Most identity theft happens in online purchases, misuse of social media sites, and the use of untrusted websites.
Most common types of Identity Theft:
- Financial Identity Theft
- Social Security Identity Theft
- Driver’s License Identity Theft
- Criminal Identity Theft
- Insurance Identity Theft
- Medical Identity Theft
- Child Identity Theft
Tips to prevent Identity theft:
1. Install security measures on your devices such as anti-virus software, firewall, etc.
2. Regularly run an anti-virus scan on your computer.
3. Do not save your personal/private and financial information on your devices without having a password or authentication code.
4. Always update your operating system, software, and apps whenever it is available. This will give you additional online security.
5. Be aware and of the sites you use to shop online, make sure they are safe and secure before entering payment information.
6. Do not use non secured websites especially when you have to do a financial transaction.
7. Do not give out your private/personal information to “just” anyone. Verify they are legitimate before disclosing any information.
8. Do not do any financial transaction using unsecured public WiFi.
9. Do not post your personal information through social media sites.
10. Think before you click.
SUMMARY:
Identity theft can be prevented by just being cautious and aware of what you are sharing and doing online. Keep in mind that internet intruders have many ways to fool people and we should always be one step ahead from them. Always secure your personal/private information.
For any inquiries and/or I.T. assistance, talk to our Professionals now and experience the best I.T. service in town. Call us at (412) 990-1414 or send us an email at info@gcchelp.com.
“We do I.T. so you don’t have to”
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