Identity theft occurs when a cyber criminal compromises private data such as your social security number, credit card, or even your name without your permission and uses it to commit fraud. It always begins with a data security breach of some kind but can end in ruin for your credit score, bank account, healthcare, and… Read More »
What’s The Best Way To Steal Credit Info? Hack A Credit Processing Company Like Experian
On October 1st T-Mobile released a statement revealing approximately 15 million existing and potential customers had their personal identification data stolen. The hack was not against T-Mobile itself but against Experian, the company that runs credit verification for postpaid accounts for T-Mobile. What Was Stolen? According to T-Mobile, anyone who submitted a credit application between… Read More »
Has Apple Pay Put An End To Credit Card Security Issues?
All across America today, retailers have begun to accept Apple Pay purchases using secure encryption, Touch ID and Apple iPhones. So is cash still king or have we crowned a new form of payment winner? Apple’s new smartphones and iPads use an NFC wireless module to communicate to a merchant’s payment terminal. Once connected, a… Read More »