Do you have a Facebook account?  According to the Facebook Press, there is an estimated 500 million active users of Facebook across the globe.  50% of these users log on to FB at least once a week, 70% resides outside the United States and most of them spend around 700 billion minutes per month on FB.

Continue reading…

To avoid identity theft, the best way is to put your credit report on a freeze. How does credit freeze work and why should you consider it?

What is Credit Freeze?

You may already be aware that lenders check a person’s credit report before approving an application. Nevertheless, other companies which you did not send application to can also inquire about your credit report to send you offers. Unfortunately, identity thieves can also disguise themselves as a lending company or a merchant to inquire about your report. Since your credit report contains valuable information about you, thieves can easily steal that information and use it commit fraud against you.
Continue reading…

With the advancement of modern technology, identity thieves have become more ingenious and more proficient in executing their crimes. Let’s talk about the two most common schemes identity thieves used to steal information.

Skimming

Skimmers are hand held scanners which can scan credit card information from your credit card’s magnetic strip. When you hand over your credit card to a clerk or to a waiter, you may be unaware that in just a matter of seconds, a skimmer has already been used on your credit card. They may use this device to skim through a hundred credit cards a day and later download all these credit card information in a computer. You’ll never know that you’ve been a victim of skimming until your creditors starts calling you about your past due bills or until you receive huge charges in your statement of account.
Continue reading…

In 1936, social security numbers (SSN) were introduced in the United States as an individual’s unique identification number. It was used in employee files, medical records, health insurance accounts, credit and banking accounts, university ID cards, and other documents.

These days, the use of computers and database in place of paper filing system has made social security numbers a major class of verification of each person’s identity. However, the rapid increase of computer-related crimes and cases of identity theft call for more vigilant measures from everyone especially in the United States.
Continue reading…