Author: Data Breach HQ Editor

Types Of Credit Card Fraud Credit card fraud is a phrase used for fraudulent activity committed with a plastic payment card, usually a debit card or a credit card. This is done using the funds in a bank card account to buy products or services. The purpose can be either to get money for items or goods to purchase something that does not exist, or simply to make unauthorized payment to an account that is under control of a criminal. There are three main forms of fraud that are perpetrated using credit cards. The most common is swiping a card in an ATM machine or on an electronic transaction terminal, usually at a shopping mall or gas station. The victim’s card information, including the account number, the amount and the name of the cardholder, is stolen. This is known as ATM card fraud. Another common type of credit card fraud involves a customer using his or her card online. Most often, a user will enter sensitive information online, including their credit card number. They will then provide the same information to their intended merchant. The user’s card information will then be stolen and the money will be transferred to an online account controlled by the criminal. This type of fraud, also called e-commerce fraud, is also referred to as cybercrime or online fraud. Finally, there is a more sophisticated...

Credit Card Fraud – Know What is Credit Card Fraud? Credit card fraud is a very broad term for fraudulent activity done with a debit card, like a credit card. The reason can be to gain access to goods or services, either for yourself or someone else. It can also be used as an instrument to obtain other funds such as from personal loans and mortgages. To begin with, it is important to know what credit card fraud really is. Credit card fraud, unlike most frauds, is illegal. It is a crime, although most people don’t even know that it exists. It is not an offense that has ever been made a federal crime, but the US government has been working on making this crime a federal offense for some time. The first type of fraud related to a credit card is the “swipe-for-cash” scam. This is where a person, impersonating a bank official, uses your card to make a purchase. Once the sale is complete, the person swipes your card and leaves the store with your cash. The second type of fraud is the actual credit card fraud, also known as ATM fraud. With ATM fraud, the person that is using the card at the ATM will use that card to withdraw cash, rather than use the card to buy products or services. There are many different types...

A data breach refers to the unauthorized release of sensitive or protected personal or financial/business information from a computer system. Other names for this event include unauthorized data disclosure, unintentional data exposure, data leakage, data theft and data dump. A major benefit of managing and securing your data are that it can prevent many types of disaster from occurring. Data loss and data intrusion may be used interchangeably, but they are very different concepts. Data loss is a situation in which data is no longer accessible by the user because of some kind of physical or logical cause. A data breach occurs when someone intentionally or accidentally releases private or sensitive data into an unsecured environment. Other common terms for the event include accidental data exposure, unauthorized data exposure, unintentional data disclosure and data leakage. Inaccidental data exposure refers to an exposure of confidential or protected information because of either human or mechanical error. On the other hand, human error is defined as the act of performing an action that results in an unintended result. Unauthorized data release or data leakage refers to an intentional breach of security in order to gain access to personal or financial information. There are many different ways that people go about gaining access to this type of information, but the main purpose is usually the retrieval of the stolen or unguarded information. Business...

Identity Theft Identity theft, also known as fraud or impersonation, is one of the fastest growing crimes in America. It affects more people than ever before, and it’s the target of many anti-fraud campaigns by all levels of government and private organizations. This article will give you some basic information on identity theft. Identity theft occurs when a thief obtains information from you about yourself by using your personal information, credit card number, social security number, or bank account numbers. Usually, identity theft is the intentional use of another person’s identity to steal credit or other benefits from the person’s name, credit card number, or bank account. The thief then uses that information to open new credit accounts, obtain other personal services from you, or take out loans against the money you owe. Some examples of identity theft include: If you are a victim of identity theft, there are a few things that you can do to protect yourself from becoming a victim of identity theft and make your life easier in the process. First, keep up to date with all of your financial and banking records, including bank statements, telephone bills, credit report copies, and credit reports, so that if you become the victim of a fraudulent act, you will be able to report it. It’s also important to check your credit reports for any mistakes and to...

Avoiding Online Scams The internet is teeming with scams. One way people can get around that is to look for websites that are selling “free” products and then make claims about how they can help you get rich quick. Although these websites claim to offer something of value, if you buy the product and use it as promised, it doesn’t make you rich. The term “up-front fee scam” is an allusion to this scam and one of the top most prevalent types of trust scams. The scam usually involves promising the person being scammed an enormous sum of money in exchange for a single small up-front fee, the caster needs in order to acquire the large sum the scammer intends to receive. After the scan has been completed, the scammer makes sure to disappear from the internet and never offers the money back to anyone. A variety of other scams have sprung up since the free online financial system took off, and there’s no shortage of legitimate online businesses that will give you what you need. However, the scammers have made it too easy for people to fall for them and fall into a trap. The great thing about scams is that the best ones often go undetected. If you’re a wise consumer, then you’ll realize that it’s very difficult to spot one of these scams. You should always...