It is the time of year where a tremendous amount of your personal information is coming in the mail. Just one tax document has your name, address, and social security number. To protect yourself you need to make sure nothing gets lost. If you have moved make sure you notify all the financial institutions you…
Javelin is the leading provider of independent, industry-specific, quantitative research and strategic direction for payments and financial services initiatives. Javelin conducts rigorous research and analysis to create successful strategies related to financial institutions, payments firms, technology vendors, merchants and billers, regulators and other policy-makers, associations, and consumer or business end-users. According to Javeline’s latest research,…
Concluding this round of guidance for the Red Flags Rule in effect as of December 31, 2010, here are the 26 Red Flags identified by the FTC–the government agency charged with enforcing compliance with this latest legislation related to identity theft prevention. 1. A fraud alert included with a consumer report. 2. Notice of a…
Since February is heart health month and today is Valentine’s Day, let’s review why shredding is good for your heart. Heart disease and stroke are the #1 and #3 killers of women in the United States respectively. Here’s how shredding can help: SECURITY-Shredding is done ON-SITE while you watch on a color monitor COMPLIANCE-The certificate of […]
Continuing with our project of helping our community weed through the new legislation, this week we turn our focus to “What is the right approach to the Red Flags Rule?” At its core, the Red Flags Rule requires a risk-based approach. Each financial institution or creditor must conduct a risk assessment in order to develop […]
Our goal is to use this space to educate our community about issues relevant to identity theft; the long-time in coming Red Flags Rule has finally been enacted into law and we will be doing our best to help weed through—“What does it mean?” We’ll start with the good news for many of our clients—thanks […]
Continuing with our thread from last week, we finish off our focus on the top scams to be wary of in 2011. Last week we addressed job hunt lures, debt solutions, not-so-free trial offers, time share resellers, and work from home secrets. This week we urge you to be wary of: Itinerant home repairers and […]
Especially in these tough economic times, the Better Business Bureau warns Americans to be wary of these top scams. We’ll hit the a few this week and finish off the list next week: Job hunt lures. These days all the talk is about JOBS, JOBS, JOBS! Unfortunately, further complicating the underemployment situation are scams targeting […]
Effective December 31, 2010, the Red Flags Rule requires organizations extending payment terms to customers and that have personal information on file to: 1-Create written “Program” that identifies where personal customer information is vulnerable to unauthorized access ro where the organization is vulnerable to ID Theft. 2-Institute precautions that address those ID Theft vulnerabilities and […]
Here are some quick tips that are good all year long for protecting your identity while shopping. ONLINE SHOPPING Make sure you have a secure connection before sending private information (https not http on the address bar) Use a credit card instead of a debit card for better protection. Print out receipts so you have […]