Sunday, February 7, 2010

Internet Scams

Scams, especially Internet scams are on the rise and a novel method are being devised to trick people into losing out their moneys and in some cases their identity too, which could be used to commit frauds. Some of the most popular scams are listed below:

·    Chain Letters or Emails asking you send an email along with some money by mail to the top names on the list while adding your name to the bottom and thereby making millions when you receive back money from others. There are several variations to it.

·    Turn your computer into a money-making machine which asks you send some money and then you will be sent instructions on how to place ads and pull in suckers to "turn their computers into money-making machines”.

·    Typing At Home scam wherein after sending the fee to the scammer for more information, you receive a disk and printed information that tells you to place home typist ads and sell copies of the disk to the suckers who reply to you.

·    Call this 1-900 number for more information doesn’t require much time or money as these numbers cost money to call and the scammer makes all the money.

·    In the medical billing scam you pay $300-$900 for everything you need to start your own medical billing service at home when the real fact is that most medical clinics process their own bills or outsource the processing to firms and not individuals.

·    The Domain name registration scams tell a domain owner that in order to keep their domain listing they have to send a check for a certain amount where in fact these are usually registered for a year.

In fact, the Internet Scam Busters site  lists 10 top scams that are being circulated on the net with tips on how to avoid them.

Friday, January 15, 2010

The Truth About Identify Theft

You would hate to think that by ordering that new purse or buying that airline ticket for vacation might end up costing you your identity. While most websites are secure when it comes to transactions, your personal and financial information can be compromised. As a result, they can open credit cards, checking accounts, and even get an ID and purchase a new car with your personal information. As a result, you could end up owing thousands of dollars, as well as have to seek legal help which can cost even more money.

Credit Card Theft

Identify theft can unfortunately happen to anyone. Here is some information that might be helpful in recognizing it and preventing it to maintain your internet security.
Signs that Your Personal Information Might Be Compromised
1. You receive something that you did not order.
2. Unexplained things pop up on your credit report. You might not even notice this until you try to purchase something and you are declined due to your poor credit rating.
3. Unexplained purchases show up in your checking account or on your credit cards.
4. You receive calls from bill collectors for accounts that you did not open.
Preventing Identity Theft
1. Always shred any unwanted credit card offers or mail that might contain personal information such as your account number, social security number, checking account number, etc.
2. Stay up to date on the latest scams. There are several websites devoted to this.
3. use anti spam ware and ensure that your e-mail account has a spam filter on it to deposit unwanted emails into.
4. Check the privacy policy on a website that asks for personal information. Don't submit anything if it doesn't have one.
5. Don't keep your personal or financial information on your computer. Likewise, don't store your passwords on your computer either.
6. Don't open an attachment if you receive an e-mail from someone that you don't know. Use an anti-virus program to scan the e-mail first to make sure that it doesn't contain any phishing or virus programs on it.
7. Keep your firewalls and anti-virus software up-to-date on all of your computers.
If you suspect that your security has been compromised, change all of your passwords, cancel your credit cards, close your bank account, and report it to the police. Also, report the activity at once to your financial institution and credit card company.