In what security experts describe as "cyber money laundering" or "e-fencing,"
scammers have perfected yet another way to convert stolen data into
cash while sitting at a computer.
How it works: Thieves use a stolen credit card number to buy a gift
card online, then sell it to the highest bidder at an online auction
Web site or for a set discount at a gift-card exchange Web site.
"People have found that purchasing gift cards with stolen credit card
information and selling them online is very lucrative," says Joseph
LaRocca, vice president of loss prevention at the National Retail Federation.
The ruse helps crooks make use of pilfered credit card numbers before
the victim has a chance to deactivate the account. It "extends the life
of credit card fraud," says Paul Cogswell, vice president of loss prevention
and risk services at Comdata, one of the nation's largest gift card
producers and processors.
EBAY AND PAYPAL SPAMMING
This is not an email from PayPal. Oh, it looks real enough, but it's
not. Its called phishing and it's a way for spammers to get their hands
on your personal, private inf
Beware! There are people out there trying to get your personal information
to use for their own means. This is just one example. I have have also
received similar emails from eBay, Amazon and many other's. When you
click on the link in the email you will be taken to a site that looks
like PayPal, but it's not. Then you enter your personal information
and now they have it.
To avoid this problem never click on the link in the email. If you are
not sure if the email is real or not open your browser and go to the
site itself. Never trust the email.
Lately the news has been littered with cases of internet stalkers who
hunt down, assault and even kill their victims. According to the National
Institute of Justice annually 1.4 million American are victims of stalking.
As a security specialist, I am often called upon to research and investigate
internet related stories. I can say with certainty that most victims
of stalkers never report their cases to the authorities. Moreover, there
are factors that help contribute to a stalker's obsession; and, there
are ways that everyone can participate in helping to ensure that the
internet is safe for all. Using my experience as a security specialist,
I will endeavour to detail this article with the signs you can look
for; and, how you can stop internet stalkers.
For more information on more Internet related security crimes, please
log on to www.jbm.net and subscribe
to our weekly newsletter. We also offer on-line interactive videos which
will illuminate this growing field.
Courtesy Brent MacLean, www.jbm.net