Posts Tagged ‘risk’
IN THE HEADLINES: Economic Hardships May Be Driving a New Type of Fraud
Posted by: Neal OFarrell in: ● August 2, 2011
The most common type of fraud associated with identity theft that consumers tend to hear more about, is Third Party fraud, which is when a third party, usually the thief, tries to steal money by pretending to be the victim. Now there’s a new type of fraud presenting new challenges for financial institutions indirectly affecting [...]
IN THE HEADLINES: Credit card providers get mixed marks for security
Posted by: Neal OFarrell in: ● July 13, 2011
Research firm Javelin recently released its 7th Annual Card Issuer’s Identity Safety Scorecard, an annual report that takes a detailed look at all the precautions and steps the nation’s top credit card issuers take to protect their customers from identity theft and fraud. And the results were definitely mixed. Javelin’s methodology uses a points system [...]
IN THE HEADLINES: Sony Restores Network Services In Wake of Recent Hacks
Posted by: Neal OFarrell in: ● June 2, 2011
In today’s news, Sony announced they are bringing all their network services back online. This “full restoration” of online networks is a bold move when you consider their recent data breach could end up costing the company more than $170 million. Many observers believe that Sony’s estimate might be a little on the low side, [...]
IN THE HEADLINES: Wireless networks continue to pose risks
Posted by: Neal OFarrell in: ● November 10, 2010
It’s human nature to trade risk for convenience. We do it all the time, find ways to do things faster, better, easier, or cheaper, knowing that by choosing convenience we may be increasing our exposure to risk. But we roll the dice anyway. Public Wi-Fi hot spots are a great example of this. I know [...]
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