Credit card skimmer technology is getting harder to spot

Thieves are increasingly placing credit card “skimming’’ devices that collect personal information with every swipe at a gas pump, posing an ever-evolving threat to consumers’ bank accounts. And they’re getting better at it. The newest devices found on gas pumps in the Tampa Bay area show thieves are now more tech-savvy than ever.

Image source: Article
Because skimmers are such a new problem, law enforcement agencies don’t have a specific way of classifying them from other burglaries.

Read the full article.

Banks fail to repel cyber threat

A shadowy but well organized hacker group in the Middle East has disrupted the electronic banking operations of America's largest financial institutions in recent days, underscoring U.S. vulnerability to online terrorism.

Image source: Geograph
A group identifying itself as Izz ad-Din al-Qassam Cyber Fighters attacked the websites of Wells Fargo, U.S. Bancorp and Bank of America.

The strikes left customers temporarily unable to access their checking accounts, mortgages and other services.

Is your CU at risk of the same sort of attack? Read the article to see how this group operates.

Diary of a laptop theft - what would you do?

A recent computer theft highlights the critical differences between “backup” versus protecting local & cloud storage from identity theft.

When a computer or mobile device gets stolen, what do you worry about most? Is it that your work is gone? Or that your personal information is on the device available for the theft to see? What about all of the accounts that are accessible online - captured in the history of the web browser and system menus and explorers? Are you worried about your gmail, your online banking, and your cloud-stored contact list?

This article describes the step-by-step actions as police attempt to help a victim recover their stolen devices. It also captures the victim's thought process and fears as they realize all that needs to be done now that these devices are in the hands of a thief.

We've been warned that it's always a great idea to save your data. We are also told to keep track of credit card issuers, card numbers, and phone numbers in case they are lost and stole. These two pieces of advice can be combined to assure the safety of our information within our digital life. Read the full, and very interesting, article at http://www.gregarnette.com/blog/2012/03/stolen-macbook-and-ipad-re-affirms-cloud-backup-strategy/.