Identity Theft

Cyber Liability Poses Risks Not Covered By Ordinary Insurance

By Mike Mosser
Cyber Liability Poses Risks Not Covered By Ordinary Insurance

It’s all but impossible to do business today without computers and the Internet.  Even if a computer is used for nothing more than accounting and keeping track of orders, a data loss or equipment failure could mean economic hardship for any company. Throw in the use of email, a website or social media and a company’s risk exposure could be greater than that posed by the more physical threats of fire or other disasters—especially where…

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Scam artists are still on the rise

By Karla Sullivan
Scam artists are still on the rise

While fast-growing online commerce has benefited consumers with greater choice and convenience, the survey indicates that, as of 2011, the Internet was also the place where consumers most often learned about fraudulent offers. The Internet category, which included email, social media, auction sites and classified ads, was followed by print advertising, and TV and radio.

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How to avoid identity theft

By Mike Mosser
How to avoid identity theft

In an increasingly online and interconnected world, identity thieves have a lot of tools they can use to ply someone out of their crucial information and rob them blind in minutes. The old-school method of a thief digging through trash in search of records or snatching a purse or wallet still happens, but identity thieves increasingly turn to electronic methods to get what they want. Often thought of as a crime that targets the elderly,…

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How to respond to an identity theft: a step-by-step approach

By Mike Mosser
How to respond to an identity theft: a step-by-step approach

Whether it’s a quick run on a credit or debit card, a lost wallet or a full-scale identity theft, responding to such a crime requires a rapid response. Although an online world makes it easier to become a victim of identity theft, it also provides tools that can be used to stop the thieves and limit the damage. Step one—A fraud alert After closing any affected accounts, such as a credit card, the first thing…

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Stupid criminals never seem to give up on insurance fraud

By Mike Mosser
Stupid criminals never seem to give up on insurance fraud

The allure of insurance fraud must seem like a quick and easy way to get some cash, so it’s understandable why it never goes away. What’s harder to figure out is why some criminals make it so easy for someone to bust them. When looking at some of their hairbrained schemes, it seems like an unfair battle between the fraudsters and those who catch them. “The fraud world has an endless supply of knuckleheads reprobates…

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Identity theft rose in 2012

By Consumer Insurance Guide Staff
Identity theft rose in 2012

Cases of identity theft and fraud in the U.S. rose by 13 percent in 2012 as 11.6 million Americans became victims, even as the dollar amount stolen held steady, according to an annual report by Javelin Strategy & Research. Although fraud from existing credit cards enjoys the lowest mean fraud amount of the three major types of fraud, it was also a root source of the increase. Javelin has taken a deep look into emerging…

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