There has been a lot of discussion recently around criminals getting ahold of private information via large-scale corporate data breaches. However, it still remains much easier for identity thieves to steal personal information through social engineering methods. Also known as “people hacking,” social engineering refers to tactics used to manipulate people into giving up their information, often by exploiting their natural tendency to be trustworthy and helpful.
It's unfortunate, but... [More]
Check fraud has many ugly faces.
Check fraud does not discriminate. It doesn’t care if you’re a person or a business, wealthy or not, the customer or the Bank. Check fraud and those committing check fraud look for ways to deceive, manipulate, alter and perpetrate. Simply put, a way, any way, to illegally acquire, nay steal, funds that do not exist within an account balance or account holder’s legal ownership.
Want some stats? Of course you do.
According to FinanceNook, in one... [More]