Tag Archive for: Fraud Protection

Fraud protection called to testify: John Roberts’ credit info stolen

If you’re on the fence about the merits of fraud protection, just trust me: if it can happen to a Supreme Court Justice, it can happen to you. 

At the very least, credit card fraud is more than a nuisance. It’s a major crime, and while the immediate effects may be a block to cash flow, it can strongly impact the way a cardholder is perceived, especially when that person has a reputation to uphold. As with other types of identity crime, many may assume the “sheer number” defense – the idea that there are so many targets out there that no hackers would waste their time on them. But if you’ve got a credit card, you’ve got something to lose. There’s no bounds to who can be hit by such an attack, whether its a barista serving coffee or the member of the U.S. government on the other side of the counter. 

According to numerous sources (primarily the Washington Post), Chief Justice John Roberts has been using cash in several D. C. transactions recently, including a Starbucks, telling employees there that he’s canceled his credit cards after someone scooped his numbers. Though this story has shown up in various publications, precious little information has been confirmed. Regardless, the card was indeed compromised, adding Roberts to a long, long list of high-profile names sought out by criminals. 

Is there any doubt at this point of the necessities of fraud protection? With so many opportunities for card information to be obtained, it remains a vital part of the modern world to keep your data locked tight. In a situation like this, you want to be the one on the right side of the courtroom when the judge drops the gavel – not under it.

John Sileo is a fraud protection expert and keynote speaker on fraud, reputation and online privacy. His clients included the Department of Defense, Pfizer, and Homeland Security. See his recent media appearances on 60 Minutes, Anderson Cooper and Fox Business.

Product Review: Deluxe High Security Checks offer banking security

Proper check fraud prevention is of the utmost importance, especially at a time when instances of data crime are on  the rise. A line of checks from Deluxe aims to utilize technology to increase your financial security.

A big part of financial fraud comes from faulty or insecure checks, and companies need to take whatever measures they can to ensure their employees’ payments are kept safe. Deluxe is now offering a brand of High Security Checks with more than 20 features to keep information private by reducing the chance that they can be copied successfully.

Each individual check in this series comes equipped with several simple but high-tech elements. While some of these features can be found in standard checks, several are exclusive to the High Security brand. The check’s face alone contains both a foil hologram that is incapable of being reproduced and a thermally sensitive image designed to detect heat, not to mention a layered background image, which is more difficult to fake than a solid color. There is also a highly secure watermark that’s resistant to such efforts. Even the paper itself contains chemicals on the back that will respond to any tampering attempts.

Even a smaller company could be required to print many physical pay stubs every month, making check scams an even bigger risk for those producing them. It is imperative that employers make the most of their systems by safeguarding them in every way possible. Criminal methods like check-washing are more common than you might think and could happen to anyone who does not have proper check fraud prevention measures in place.

For more information, interested parties can check out Deluxe’s website at www.deluxe.com/highsecurity. They offer other products that could benefit your corporate well-being and provide additional, non-intrusive fraud protection.

John Sileo is a check fraud prevention expert, a keynote speaker on privacy, identity and reputation protection, and a spokesperson for Deluxe. His clients included the Department of Defense, Pfizer, and Homeland Security. See his recent media appearances on 60 Minutes, Anderson Cooper and Fox Business. 

Sileo Identity Theft Prevention & Online Privacy Checklist

CheckmarkIdentity theft prevention is not a one-time solution. You must accumulate layers of privacy and security over time. The following identity theft prevention tips are among those I cover in one of my keynote speeches.

  1. Review your Free Credit Report 3X per year at www.AnnualCreditReport.com.
  2. Opt-Out of financial junk mail.
  3. Stop Marketing Phone Calls at www.DoNotCall.gov.
  4. Freeze Your Credit. State-by-state instructions at www.Sileo.com/2.
  5. If you don’t want to use a credit freeze, place Fraud Alerts on your 3 credit files.
  6. Use sophisticated Identity Monitoring software to detect theft before it’s disastrous.
  7. Stop Sharing Identity (SSN, address, phone, credit card #s) unless necessary.
  8. Protect Your Wallet or Purse. Watch this video.
  9. Protect Your Computer and Online Identity. Privacy Means Profit
  10. Protect your Laptop. Visit www.Sileo.com/laptop-anti-theft for details.
  11. Bank Online: online bank statements, account alerts and bill-pay.
  12. Buy a Shredder (or 2) & shred everything with identity you don’t need.
  13. Minimize Social Networking Exposure. Privacy Means Profit
  14. Lock down your Social Networking Profiles www.Sileo.com/facebook-safety.
  15. Realize that approximately 50% of the worst ID theft crimes are committed by Acquaintances & Friends.
  16. Set up two-factor authentication with your bank.
  17. Stop Clicking on Links in emails and social networking posts that you don’t recognize as legitimate.
  18. Avoid emails/faxes/letters/calls/people promising Something for Nothing.
  19. Know that protecting Other People’s Privacy is part of your responsibility.
  20. For more tools, purchase a copy of John’s Latest Book on Information Survival, Privacy Means Profit.
  21. Subscribe to The Sileo Report eNewsletter and follow John’s Blog.
  22. Consider bringing John Sileo to speak to your organization on identity theft, cyber crime, social engineering, social media exposure and other topics of information exposure.