OIL AND GAS RISKS
IDENTITY THEFT High loss in low-tech crime SHAKY FOUNDATION? Earthquake Authority losing funding
Identity theft: A “catch phrase for the new millennium”
Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating information necessary to commit identity theft are old-fashioned, low-tech practices, like “Dumpster diving,” mail fraud and plain old theft. The …
Figures
30 Number of states that require companies that have information that can be used in identity theft — driver’s license numbers, bank account numbers, Social Security numbers — to tell individuals if that information has been compromised. $3.6 billion Amount …
Understanding network risk insurance
The total number of data breach victims in 2006 exceeded the $100 million mark — one record for roughly every three Americans. ID theft occurrences, which result from a portion of such daily breaches, have recently been in the spotlight. …
It Figures
30 Number of states that require companies that have information that can be used in identity theft — driver’s license numbers, bank account numbers, Social Security numbers — to tell individuals if that information has been compromised. $3.6 billion Amount …
Identity theft: A “catch phrase for the new millennium”
Contrary to popular opinion and despite well-publicized security breaches at governmental entities and major corporations, the primary methods of confiscating information necessary to commit identity theft are old-fashioned, low-tech practices, like “Dumpster diving,” mail fraud and plain old theft. The …
IDENTITY THEFT ADVICE
Common methods of identity theft: Dumpster diving. Collecting bills and personal information sources from trash bins. Skimming. Stealing credit/debit card numbers by using a special storage device when processing your card. Phishing. Pretending to be financial institutions or companies and …
Contrary to the headlines, ID theft may be on the decline
Despite the impression given by cases in the news, identity theft appears to be actually dropping. The 2007 Identity Fraud Survey Report released by Javelin Strategy & Research provides information about the reduction of identity fraud across the United States. …
A single security breach can trigger multiple coverages
Security breaches are becoming more frequent as businesses increasingly rely on technology to store and transfer assets and sensitive information, such as customer names and credit card numbers. With each security breach, there is the risk that a lawsuit or …
Take care of yourself and others
Some RadioShack employees in Texas have allegedly committed an egregious error, showing a careless disregard for protecting sensitive customer data. According to Texas Attorney General Greg Abbott, they “filed” customer records in a garbage dumpster behind their store. Included in …
