The importance, effect, causes, relationship, comparison, history, role, solutions are discussed And for heaven’s sakes, don’t use “12345” or “password.”, Related: 5 ways to take care of your PC in 2012. Take a top-down approach to your risk assessment, listing the areas in which fraud is likely to occur in your business and the types of fraud that are possible in those areas. If you gave your user name and password to a tech support scammer, change your password right away. There are some simple steps you can take to reduce or minimize the risk of becoming a victim of identity theft. W hen we think about inventory theft, we often think of a sales assistant stealing a product from a shop stockroom or an employee carrying away items from a warehouse. Lesson Plans. Going to College Buying a Car Renting an Apartment Buying a Home Landing a Job Health Care Family Life Elder Care Retirement Handling the Unexpected. Fraudsters often create fake versions of popular websites to lure citizens and steal money from the This is approved for students in accountancy, business, computer science, economics, engineering, arts. There are however, certain things that merchants can do to reduce their exposure to fraud. You might want to learn how to prevent cybercrime, but here’s the thing: You can’t. presentation-ready copies of Toronto Star content for distribution Mark Saltzman’s Bucks ’n Bytes blog is found at Moneyville.ca, Copyright owned or licensed by Toronto Star Newspapers Limited. It detects and removes known support scam malware. Debit or credit card frauds take place when one illicitly accesses your financial details and/or conducts unauthorized transactions. To prevent skimming frauds, Cover those keys. Increasingly, however, identity thieves are going online, sending out “phishing” scams, Trojan viruses or other high-tech means to retrieve information you type on a public computer’s keyboard. This is possible when the perpetrator gains confidential details such as payment card number, CVV number or even the PIN. Establish and maintain internal controls specifically designed to prevent and detect fraud. Through the extensive coverage of the Internet, identity thieves and other criminals are reaching across states, countries and continents to fraudulently obtain personally identifiable information about individuals and businesses. It covers computer frauds such as hacking and the deliberate spread of viruses and was created to prevent unauthorized access or modification of computer systems and to prevent criminal elements from using a computer to assist in the commission of a criminal offence or from impairing or hindering access to data stored in a computer. Report your scam online with the FTC complaint assistant, or by phone at 1-877-382-4357(9:00 AM - 8:00 PM, ET). An obvious way to prevent computer crime is to properly restrict access to all terminals on a network or on a single computer in the home of office. This is sometimes referred to as a “rogue network.” Be sure to ask what the establishment’s wireless network name is to ensure you’re logging on to the correct one. The Federal Trade Commission (FTC) is the main agency that collects scam reports. before they can send you the millions you are promised, but which they never intend to send you. Separate the functions of account setup and approval. A “WPA” and “WPA2” password is better than the older and weaker “WEP.” If a neighbour joins your network, they not only will get free Internet access but could possibly read your files, slow down your performance and help you reach your monthly Internet data cap prematurely. About the author: Ankit Ratan is the co-founder of … For business users in particular, use a dedicated work station to perform all company... 2. Back to blog list. Analyzing the multitudes of data that an organization produces can be a daunting task. Four Clues to Identifying Phone Fraud at Work, Protect your business from internal theft, Ten Simple Steps to Safeguard Identity Online and Off, Top Eight Digital Banking Tools for Time-Saving Convenience, Understanding Your Digital Wallet - and Six Ways to Keep it Safe, What to do if you're a victim of identity theft, Anti-spam software: Helps prevent spam and junk email from entering your inbox, which helps guard against phishing emails, Firewall: Helps prevent unauthorized access to your computer through viruses and malware, Anti-spyware software: Blocks the installation of spyware on your computer, which can monitor or control your computer use and send you pop-ups or redirect you to malicious websites. As a general rule of thumb, banks don’t send emails or text messages that ask for personal... 3. Over-the shoulder-snoops: Watch out for snoops at cafés, schools or on airplanes. 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