identity theft
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IDENTITY THEFT. Presented By: Harry Kohal Past President Wisconsin Association Computer Crime Investigators www.wacci.org. WHAT IS IDENTITY THEFT?. - PowerPoint PPT PresentationTRANSCRIPT
IDENTITY THEFT
Presented By:
Harry KohalPast President
Wisconsin Association Computer Crime Investigators
www.wacci.org
WHAT IS IDENTITY THEFT?
Illegally using another person’s name, Social Security number, driver’s license number, birth certificate, credit card, address, telephone number or any other form of identifying information to obtain credit, money, goods, services or anything else of value without that person’s consent.
SCOPE OF THE PROBLEM
Fastest growing crime in America (300% yr.)
Perceived: low risk & high profit Further facilitates other crimes Increasing gang involvement 750,000 victims per year 80% goes unreported
Your Company Has an Identity TOO!
ChoicePoint --- 145,000 customers 11-9 -2/16/05
BofA --- 1,200,000 customers 2/25/05
University of Chicago -85 patients 2/20/05
Hospitals
YOUR COMPANY TODAY ? TOMORROW?
ARE YOU AT RISK FOR BECOMING AN IDENTITY THEFT
VICTIM?
Test Your Identity Theft Awareness
Source: Privacy Rights Clearinghouse
ARE YOU AT RISK….?
You receive several offers of pre-approved credit every week. 5 Points
Add 5 more points if you do not shred them before putting them in the trash.
You carry your Social Security card in your wallet. 5 Points
You do not have a PO Box or locked, secure mailbox. 5 Points
ARE YOU AT RISK….?
You use an unlocked, open mailbox at work or at home to drop off outgoing mail. 10 Points
You carry your military ID in your wallet at all times. 10 Points
You do not shred or tear banking and credit information when you throw it in the trash. 10 Points
ARE YOU AT RISK….?
You provide your Social Security Number whenever asked, without asking how that information will be used or safeguarded. 10 Points
Add 5 Points if you provide your SSN orally without checking to see who may be listening.
You are required to use your SSN at work as an employee or student ID number. 5 Points
ARE YOU AT RISK….?
You have your SSN printed on your employee badge that you wear at work or in the public. 10 Points
You have your SSN or driver’s license number printed on your personal checks. 20 Points
You are listed in a “Who’s Who” guide. 5 Points
ARE YOU AT RISK….?
You carry your insurance card in your wallet or purse and either your SSN or that of your spouse is the ID number. 20 Points
You have not ordered a copy of your credit report for at least two years. 10 Points
You do not believe that people would go through your trash looking for credit or financial information. 10 Points
HOW YOU RATE
100 Points – High Risk 50 to 100 Points – Your odds of
becoming a victim are about average. Higher if you have good credit.
0 to 50 Points – Congratulations, you have a “High IQ.” Keep up the good work and don’t let your guard down.
YOUR COMPANY HAS THE SAME RISKS
Identity Theft Phone and Utility Theft Bank Fraud Employment Fraud Pornography/Child Porn Software Theft
ELEMENTS OF THE CRIME
Whoever intentionally uses or attempts to use any personal identifying information or personal identification document of an individual to obtain credit, money, goods, services or anything else of value without the authorization or consent of the individual and by representing that he or she is the individual or is acting with the authorization or consent of the individual.
PERSONAL IDENTIFYING INFORMATION…..
Individual’s social security number Individual’s employer or place of
employment Identification number assigned to an
individual by his/her employer Maiden name of an individual’s mother Identifying number of a depository
account
PENALTY
Class D felony Fine not to exceed $10,000 or
imprisonment not to exceed 10 years, or both
HOW THIEVES OBTAIN PERSONAL INFORMATION
Theft of wallet or purse “Dumpster Diving” Inside sources Mail theft Online data Submitting change of address forms Finding personal information while inside your
home Shoulder surfing or eavesdropping
HOW THIEVES OBTAIN CORPORATE INFORMATION Theft of checks or other instruments “Dumpster Diving” Inside sources Mail theft Online data Submitting change of address forms Finding corporate information while inside
your company Shoulder surfing or eavesdropping
HOW THIEVES USE PERSONAL INFORMATION
Open credit card accounts (43%) Start up phone and/or utility service (21%) Bank fraud (14%) Employment (illegal aliens) (8%) Purchase vehicle w/ fictitious loan Evade citation, arrest, criminal record Illegal entry into U.S. Sky is the limit! Limited only to the
imagination & greed of the thief
WHAT TO DO IF YOU BECOME A VICTIM
Contact the fraud department from each of the 3 credit bureaus:
Experian, 888-397-3742Equifax, 800-525-6285Trans Union, 800-680-7289
Obtain a free copy of your credit report and review it
Place fraud alert and a victim statement asking creditors to contact you
WHAT TO DO IF YOUR COMPANY IS THE VICTIM
Contact Law Enforcement
Implement Your Disaster/Recovery Plan– Decide who will be informed and contacted– Media or Not? Work with Law Enforcement
WHAT TO DO IF YOU BECOME A VICTIM…..
Contact local law enforcement to report crime Contact creditors for any fraudulent accounts
opened or tampered Report crime to Postal Inspector if mail
involved Document and keep records of all
correspondence
VICTIM INFORMATION
Average age of victim – 40 yrs. Average number of months between date
ID theft occurred & date noticed – 12 ½ months
California highest number of ID Thefts (WI 22nd)
Washington D.C. highest per capita rate (WI 33rd)
INTANGIBLE IMPACT
Devastating affect on consumers lives Usually discovered when turned down
for loan or receive letter/call from a collection agency
Denied credit & financial services, utility service, employment, wages garnished, tax refunds withheld, etc.
INTANGIBLE IMPACT…..
Criminal record created resulting in failed background checks, DL’s revoked, arrested & detained on warrants
Average victim spends 1,000 hours and $1,000 or more (not incl. atty. fees) over 2 years to straighten out financial matters
HOW TO PROTECT YOURSELF
Manage Personal Information Wisely Determine how your information will be used
before providing Pay attention to billing cycles Guard mail from theft Put passwords on credit cards. Avoid using
mother’s maiden name, DOB, last 4 digits of Social Security #, or series of consecutive numbers
HOW TO PROTECT YOURSELF…..
Minimize the number of credit cards & ID you carry
Don’t give out personal information on telephone, mail or Internet unless you initiated contact or you are sure whom you are speaking with
Keep personal information in a safe place
HOW TO PROTECT YOURSELF…..
Shred discarded personal records & documents
Verify that your employment records are kept in a secure location
Order copies of your credit report yearly from each of the credit reporting agencies
AND -- DO THE SAME FOR YOUR COMPANY
THANK YOU
www.wacci.org