How to Protect Yourself From Credit Card Skimmers
Credit card skimmers are illegal devices that can be attached to ATM machines or to credit card processing machines. The skimmers collect data from the card’s magnetic strip. You’ll never know your card information has been compromised when you put your card into a machine with a skimmer — and the card info can then be sold online or used by criminals to make purchases.
Your Social Security number is a powerful string of digits. It’s the identification number the government uses to track your wages, and it’s something you’ve probably heard you should keep under wraps to the greatest extent possible. The reason? If your Social Security number falls into the wrong hands, you could wind up a victim of identity theft.
What makes you prone to getting scammed? It may be the personality traits that make you a good person. Based on our research at the AARP Fraud Watch Network, here are some characteristics that make people vulnerable to fraud:
Business Insider: Why healthcare’s data breach epidemic will intensify in 2019.
The repercussions are costly: When breaches expose sensitive information, HIPAA privacy rules are violated — and health systems have to pay up. The US government doled out a new high of $26 million in HIPAA penalties in 2018. Moreover, health firms lose nearly 7% of their customers following a data breach — the highest of any industry.
G2 Crowd: 50 Noteworthy Cybercrime Statistics in 2019.
Experiences with identity theft increased fourfold between 2017 and 2018. (Norton, 2018)
- More than $15 billion was stolen in incidents related to identity theft in 2017. (Norton, 2018)
- 71 percent of Americans say they worry about cybercrime. (Gallup, 2018)
- 30 percent of U.S. consumers were affected by data breaches in 2018. (Gallup, 2018)
- Individual victim losses due to internet crime were greater than $1.4 billion in 2017. (FBI, 2018)
- The Internet Crimes Complaint Center (IC3) received more than 300,000 complaints related to cybercrime in 2017. (FBI, 2018)
Here’s what to do when debt collectors come after your toddler.
The danger starts the moment your child is assigned a Social Security number. That number can become vulnerable to theft as it’s used in the ordinary course of life.
The most likely area of exposure will come from the medical world, as this is most likely the first place you’ll be asked to use their Social Security number.
NBCNews.com: More than 1 million children were victims of ID theft last year.
By the time the ID theft has been discovered, the fraudsters are long gone — and all parents can do is try to clean up the mess.