Today’s banking and digital technology have given us unparalleled convenience when it comes to handling money. However, they have also paved the way for sophisticated fraud schemes that can cripple a person’s financial well-being.
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Tax season can be a stressful time for many individuals, but it’s also an opportunity for fraudsters to engage in tax-related identity theft. To help you safeguard your financial well-being, we’ve compiled essential information on how to protect yourself from tax fraud.
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The ultimate goal of spear phishing isn’t all that different from other forms of phishing: luring individuals into revealing confidential information.
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Everyone seems to be paying close attention to cyber security these days. Even still, the seemingly constant stream of high-profile data breaches making news headlines suggests that we are always a step behind the criminals.
However, are consumers putting too much emphasis on certain aspects of online security while leaving other avenues vulnerable? Is it even possible to stay safe online?
American consumers are generally anxious about the information they share. A poll conducted last year reports that 91% of Americans feel they’ve lost control over the way in which companies collect and use their personal information. The same poll suggests that the majority of people have little faith in the security of communication lines including cell phones, texts, emails and social media. Read more →
The threat of identity theft is a major concern among consumers. According to USA Today, identity theft reports by consumers jumped by 47% in 2015.
As co-founder of eConsumer Services®, Monica Eaton-Cardone is an expert on the subject of fraud and identity theft prevention. Earlier this week, a piece published by high-profile finance site, The Street, featured advice to consumers on how to avoid being victimized.
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Data breaches are the internet’s equivalent to natural disasters: everyone is at risk but no one suspects it will happen to them.
Losing your wallet or purse is certainly an inconvenience, but it can also create a very dangerous situation. Your finances, identity, and even your personal safety could be at risk.
The internet is a wonderful tool. Nowadays, it seems impossible to live without it. However, users need to be cautious of internet fraud when either buying or selling online. Internet fraud occurs whenever online services or software are used to commit fraud.
Gone are the days of junk mail in the physical mailbox. Today, scammers don’t have to invest in stamps to attempt to cheat you out of your money or steal your identity. No, the advent of email has increased scam potential and made a host of people vulnerable to thievery at its sneakiest.
Online fraud has become so prevalent that many agencies and businesses are now devoted to the issue. Government agencies like the Federal Trade Commission (FTC) and companies like eConsumer Services® work to help consumers report online fraud and fight back.
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