Live and in Person: Personally Stealing Identities
August 13th, 2008
Banking firms and security agencies are becoming more vigilant against people who use cyberspace for their own nefarious ends. The methods used by cyber identity thieves include pretexting and have scaled well along with technology’s constant improvement. There are already numerous cases involving online identity thieves and how some of them got busted. Now more than ever, there is a need for the security of bank and financial institution networks to be made stronger.
But just when people think that a more secure banking system is more than enough to screen those online identity scammers, they should think again. Traditional identity theft is still very much viable and in use today. The conventional, in-your-face mode of stealing personal information may be hard, but once pretexting is mastered by any persistent crook, stealing identities with just a smile, a convincing front, and a bombardment of flattery comes easy.
Joshua Perrymon has proven such a point. The CEO of a security firm, Perrymon has observed that too much attention has been given to online theft resulting in compromising whatever countermeasures institutions have adopted to deter crooks who enter into facilities to physically steal documents that contain sensitive information. Using pretexting tactics, he has committed numerous thefts under false personas as part of his research. He still holds an alarming 100% success rate.
Perrymon is correct. Undoubtedly, technology has significantly aided identity thieves in finding loopholes online. But people should not forget that conventional methods still pose a danger and measures must still be in place to counter such them.
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Entry Filed under: Security Systems, University of Investment, World Of News