Read the case study given below and answer the questions at the end of the case. Brand ambassador : employing real customers to get the word around. People love talking about things that make them happy - including their favorite products and brands. For example, if you really like an airline - they fly with flair and get you there at a reasonable price or you just love your recently acquired Sony camera - it is too good to keep the knowledge of the experience to yourself. In the old days
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HSBC’s Mortgage Lending Decisions and the Big Melt It isn’t often that the American financial system, and its world counterpart, has a near- death experience. The last time was the 1930s. Beginning in 2007 and extending through 2009, American and global financial systems failed, melted down, and were rescued only by concerted central bank interventions in all the major industrial countries. The United States directly invested about 1 trillion dollars in U. S. financial institutions, and guaran-teed
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Identity Theft: Perspectives on How to Mitigate the Damage Introduction Identity theft is defined as an incident where someone “knowingly transfers, possesses, or uses, without lawful authority, a means of identification of another person with the intent to commit, or to aid or abet, or in connection with, any unlawful activity that constitutes a violation of Federal law, or that constitutes a felony under any applicable State or local law. “Identity theft is the most rapidly rising type of fraud
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illegal techniques to achieve their goals. As hard as people work to make money and as difficult as it is to save it, the last thing they want to do is lose any of it through fraud. Financial fraud is the number one consumer complaint, and the biggest danger all the people face nowadays is identity theft, one of the most pervasive and insidious crimes. Identity theft occurs when someone assumes some or all of your identity to engage in criminal behavior. The first case of identity theft is described
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employees don't realize the dangers is because the events which are less sensitive to the management of the company's employees are not important in regulating confidentiality of data and information systems. As we can see from the case there are several examples of the proposed event where there's less rigorous regulation in the supervision of information systems within the company. Most of the issues described in the case are simple little issues such as emailing customer credit card numbers and such but
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spyware, it monitors your computer activities, and may even record keystrokes. This information is then sent to a third party, without you being aware of it. It may also cause pop up ads to display on your computer. The real danger is that information such as passwords and credit card and banking information can be delivered to that unknown third party, opening you up for identity theft. When the trojan horse installs a backdoor program, it sends information to the third party, making it possible
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Introduction Payment cards, whether they are debit or credit cards are an essential component of modern commerce. EMV-based cards have already helped improve the security of millions of bank cards throughout the world, giving even more people the confidence to make payments. But there are other security concerns associated with bank cards. (Card Technology Today, 2009) Globally, debit and credit cards are used for a wide variety of payments with Internet card payments increasingly significantly
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us the example of how their website uses SSL software. This software encrypts all the information that the user puts in to the website. They also, like many other websites disclose all but the last four digits of your credit card number. Another thing they do is warn you of the danger of not signing out of your account when you leave your computer. They even address the use of their mobile website and how it is more secure to make sure your location services are turned off. Profiling and personalizing-
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fraud accounts. A. How a. Identity fraud by acquiring sufficient information through romance scams b. Hacking into similar online accounts. EBay and such c. “Teams” of people B. Protections against a. Don’t open files b. Use one credit card only online c. Before disposing of an old computer, use a utility program to “wipe” your hard drive C. Examples a. Robert Frost b. Nigeria IV. A big problem with online dating isn’t only money scams and such but also romantic scams.
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multiple reports, that number is expected to rise in 2014 and beyond. As we get smarter about how financial identity theft is committed, criminals become smarter about gaining our sensitive information. When we became good about shredding old credits cards and bank statements, they used e-mail and phone schemes to coax us into giving our information to them. Companies invest millions of dollars into new technologies meant to keep criminals out of databases, and criminals simply bypass these obstacles
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