Subscribe
FREE EBOOK
Valid Email Required to receive free eBookSecurity Tips
Browse by Month
Browse by Category
Browse by Category
Robert Siciliano Identity Theft Expert
Security professionals intuitively think proactively. Our job is to predict and prevent what the bad guy will do next. My job specifically is to instill this mindset into you, the consumer, SMB or large corporate enterprise.
Bob Russo, General Manager and Rockstar of the PCI Security Standards Council reminds us all in this Business Week article that it’s not all about prevention. Sage advice below.
“Many businesses are familiar with the PCI Security Standards Council’s requirements, yet many card fraud incidents go undiscovered for long periods of time. In fact, according to Verizon’s 2009 Data Breach Investigations Report, 75% of compromises were discovered at least weeks after the compromise.
Data security is not all about prevention; it also requires detection and monitoring. In the event of a breach or card fraud, proper monitoring can detect and eliminate additional fraud quickly. Thus, with the holiday season in full swing, it’s a great time to reconsider your company’s log management and monitoring. Consider the following tips:
1. Ensure your organization keeps timely, accurate, and unaltered records of what has taken place within the cardholder data environment (who, what, when, and how) to protect it in the event of a data compromise and resulting investigation.
2. Monitoring also can include physical surveillance. Closed-circuit monitoring of POS terminals can detect suspicious or fraudulent behavior.
3. Even when you are at your busiest, you simply cannot afford to overlook monitoring as a primary detector of card fraud and the trigger to eliminating ongoing criminal activity.”
And my advice. For your own good, protect your identity. Get a credit freeze. Go to ConsumersUnion.org and follow the steps for your particular state. This is an absolutely necessary tool to secure your credit. In most cases, it prevents new accounts from being opened in your name. This makes your Social Security number useless to a potential identity thief.
Invest in Intelius identity theft protection and prevention. Not all forms of identity theft protection can be prevented, but identity theft protection services can dramatically reduce your risk. (Disclosures)
Robert Siciliano identity theft speaker discussing holiday scams on Foxes Mike and Juliet Show
About the Author
ROBERT SICILIANO, CEO of IDTheftSecurity.com is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds. His "tell it like it is" style is sought after by major media outlets, executives in the C-Suite of leading corporations, meeting planners, and community leaders to get the straight talk they need to stay safe in a world in which physical and virtual crime is commonplace. Siciliano is accessible, real, professional, and ready to weigh in and comment at a moment's notice on breaking news.
ROBERT SICILIANO, CEO of IDTheftSecurity.com is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds. His "tell it like it is" style is sought after by major media outlets, executives in the C-Suite of leading corporations, meeting planners, and community leaders to get the straight talk they need to stay safe in a world in which physical and virtual crime is commonplace. Siciliano is accessible, real, professional, and ready to weigh in and comment at a moment's notice on breaking news.
Similar Posts
- Credit Card Data Breaches Cost Big Bucks
Javelin Strategy & Research estimates that credit and debit card issuers spent $252.7 million in 2009 replacing more than 70 million cards compromised by data breaches. In 2009, an estimated 39 million debit cards and 33.3 million credit cards were reissued due to data breaches, for a total of 72.2 million. An estimated 20% of those - Bankers Warned; Massive Credit Card Processor Breached
Robert Siciliano Identity Theft Expert Hackers have breached another huge payment processor. Who? As of this writing they aren’t saying. A statement issued by the Community Bankers Association of Illinois states “Visa announced that an unnamed processor recently reported that it discovered a data breach. The processors name has been withheld pending completion of the forensic - Almost 80% of Retailers Data At High Risk
The PCI Security Standards Council is an open global forum, launched in 2006, that is responsible for the development, management, education, and awareness of the PCI Security Standards, including the Data Security Standard (PCI DSS), Payment Application Data Security Standard (PA-DSS), and PIN Transaction Security (PTS) requirements. Now, after five years of pushing standards out to merchants and retailers, a - Identity Theft Credit Card Security
Robert Siciliano Identity Theft Expert Credit card fraud comes in two different flavors: account takeover and new account fraud. Account takeover occurs when the identity thief gains access to your credit or debit card number through criminal hacking, dumpster diving, ATM skimming, or perhaps you simply hand it over when paying at a store or restaurant. - 5 Tips to Credit Card Identity Theft Prevention
Robert Siciliano Identity Theft Expert In a recent article in Computer World, Tom Patterson CSO of Magtek, with his Glamor Shot photo, provides “5 counter-fraud tips you’ve never been told”. Anything a consumer can do to reduce their risk for account takeover, they should exercise. While in most cases the consumer isn’t responsible for the losses,