Stealing Your ID!
Stealing Your ID!
Thousands by thousands of students have expressed fears and questions related to cybercrime. SAM Founders too many, many a time have observed and complained of intrusions, 'Lodgers' suspicious happenings, expressed anxiety, sworn inhibitions, and at times let their imagination run amok!!
The absolute truth is that we have never before invested so much time in recording the minutiae of our lives or volunteering detailed info about ourselves to our friends, family and even complete strangers. Last years internet surfers spent over 36 million hours looking and bidding for each other's possessions on eBay, visited MySpace for more than 50 million times, and prorate, flipped through more pages of Facebook than any other social networking site. From crafting blogs to indulging in Twitter tweets. And ironically, we've also never worried so much about how others use our personal info, from fraudsters phishing for our bank details to companies "data mining" personal material to sell to advertisers.
Whether obtained legitimately or illegally, info has become an extremely lucrative currency of these times. The fact is that companies "like to use our personal info and data for sophisticated customer profiling". Getting info on your personal card means that these companies can more accurately target you with offers because they track what you buy. Highly sophisticated abstraction and formatting algorithms can deliver very unique nuggets of insights that ease marketing projections.
Therefore all this is happening in most cases when the data is not volunteered, or when your personal details are not securely protected. This is now turning into a cause for very important and serious concern.
To give you a very notable example, was the theft of the details of more than 45m credit cards from TX Maxx's database. A few years back the overseeing Regulatory Authority in UK, "The Commissioner's Office" launched an investigation into Barclays Bank following breaches of customer privacy. Once again a few weeks later, a journalist from reputed British newspaper demonstrated, that the info stored on the chips on the UK new biometric passport could be cracked with a cheap commonly available data reader.
Hahaha! Yes this post will go on to atleast 4 parts. Dont miss it! You will soon get to read sterling professional research from !WOW!
Goodnight and God bless!
SAM Daily Times - The Voice of The Voiceless