Contact Us Today! 800-626-8277

One World Technology Inc. Blog

One World Technology Inc. has been serving the Medina area since 2012, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Does Credit Card Theft Mean Identity Theft?

Does Credit Card Theft Mean Identity Theft?

Almost anyone would consider having their credit card stolen a major problem, but while it may technically constitute identity theft, identity theft itself can be any number of things. Today, we go over the difference between credit card theft and identity theft and what you can do to keep your staff, clients, and vendors safe.

Defining the Crimes
The first thing you have to know is that credit card theft and identity theft are not mutually exclusive, but while credit card theft is identity theft, identity theft obviously isn’t credit card theft. Credit card theft is when someone has stolen your credit card information and is able to use that information to purchase goods, services, or dispense money.

Identity theft, however is a blanket term that covers these three situations:

Fraud or misuse of an existing account -- With 16.4 million of 2014’s 17.6 million victims being targeted by this variety of identity theft, this is easily the most prevalent form of identity theft. This is defined by situation where a party gains access to an account without the account holder’s authorization and uses its credentials to benefit them in some way.

Fraud or misuse of a new account -- Opening a new account in another party’s name. This type of fraud can happen all over, and can range anywhere from opening a consumer benefits account, to opening a line of credit or a checking account, to buying property. This type of fraud was reported about 1.1 million times in 2014.

Fraud or misuse of personal information -- All other uses of stolen personal information added up to a relatively paltry 713,000 reported cases. This is mainly when someone uses your identity to gain a benefit they couldn’t have otherwise. You see this used mostly to find employment, rent property, see a doctor, or lie to the authorities.

Protecting Yourself
As a business owner, you are responsible for the data people have entrusted with your. By knowing what to do to protect your own data, you’ll know how to approach securing the clients, employees, and vendors personal data you hold on file. Make sure to have a strong firewall on your network to keep unwanted intruders out, and antivirus and spam blocking solutions to eliminate threats when they do get past your defenses. Also, consider learning today’s best practices to ensure you are always in the right position to keep your identity secure. Here is a resource from the University of Pittsburgh to help you.

For more information about identity theft and network security, visit our blog regularly.

Delivering Value Through Managed IT Services
VoIP Delivers Benefits That a Traditional Phone Sy...
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Friday, 23 February 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Privacy Best Practices Cloud Technology Network Security Business Computing Managed IT Services Backup Hackers Software Outsourced IT Business Continuity Hosted Solutions VoIP Business Microsoft Malware Disaster Recovery Google Email Windows 10 IT Support Smartphones Data Backup Data Mobile Devices Small Business Alert Android Innovation Efficiency Saving Money Hardware Cybercrime Office Ransomware Cloud Computing Computer Browser Communications Productivity Computers Server Business Management Data Recovery IT Services Managed IT Cybersecurity Virtualization How To Mobility BDR Work/Life Balance Passwords User Tips Chrome Telephone Systems Law Enforcement Smartphone Social Engineering Wi-Fi Save Money Flexibility Holiday Hacking Collaboration Private Cloud Office Tips Windows App Social Media Productivity Communication Managed IT Services Health Internet Remote Monitoring Password Avoiding Downtime Firewall Internet of Things Budget Quick Tips Bring Your Own Device Router HaaS Phishing Business Intelligence Value Facebook Gadgets Compliance Artificial Intelligence Money Spam Miscellaneous Proactive IT Office 365 Data Security Mobile Device Management Two-factor Authentication Recovery Information Technology Data Breach Employer-Employee Relationship Data Storage Save Time Bandwidth Remote Computing Windows 10 Worker Patch Management Managed Service Provider OneNote IT Management Apps Scam Spam Blocking Automobile SaaS Workplace Tips Upgrade Two Factor Authentication Risk Management IT Plan Public Cloud Battery Training Operating System Data Management Automation CES Unsupported Software Identity Theft Word Electronic Medical Records Workers Applications Charger Credit Cards Vulnerability Microsoft Office Legal Computing Infrastructure Black Market HIPAA Marketing Hiring/Firing Content Filtering Redundancy Google Drive Government BYOD Mobile Device Data Protection Big Data Business Owner Solid State Drive History End of Support Comparison Keyboard Network Document Management Computer Care Internet exploMicrosoft Bluetooth Specifications Experience Excel Evernote Skype Netflix Apple Samsung Gmail FENG Entertainment Video Games Music Tip of the week Millennials Wireless Charging Emergency Start Menu Wireless Settings iPhone Recycling Google Docs Networking Wearable Technology Windows Server 2008 Advertising webinar Workforce Data Warehousing Fiber-Optic Mobile Loyalty Scalability eWaste Website IBM USB Windows 7 Conferencing Relocation Rootkit Telecommuting Cables Professional Services Users Supercomputer Criminal Voice over Internet Protocol Troubleshooting Regulations IT Support Remote Work Unified Communications Transportation Tools Instant Messaging Multi-Factor Security Root Cause Analysis Politics Hybrid Cloud Education Humor Vendor Management Theft Benefits Windows 10s Assessment Current Events Content Management Trending Colocation Software Tips Hosted Solution Servers Cortana Smart Technology Botnet Television Knowledge Search Blockchain Lifestyle Meetings Physical Security Flash PDF Virtual Reality Techology Fraud Google Apps Travel Audit Public Computer Best Practice hacker Network Congestion How to Human Resources Mobile Computing Data loss Emails Worker Commute Unified Threat Management Amazon Infrastructure Hard Drives Files Internet Exlporer Employer Employee Relationship Staff Screen Mirroring Outlook HBO Sync Cleaning Amazon Web Services Password Manager Software as a Service Computer Fan Content Wireless Technology Leadership Shadow IT Downtime Computer Accessories Cast Frequently Asked Questions Books Telephony Online Shopping Business Mangement Update The Internet of Things Audiobook User Error Safety Robot WiFi CrashOverride Webinar Digital Signature IT solutions

Sign up for our Newsletter!

  • Company Name *
  • First Name *
  • Last Name *