094 90 48200     Get SUPPORT

Aniar IT Services Blog

2 minutes reading time (419 words)

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.

Tip of the Week: Sync Your Inboxes with IMAP
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
Monday, June 18 2018

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Technology Privacy Google Best Practices Email Microsoft Business Computing Cloud Tech Term Android How To Internet VoIP Network Security Small Business Hackers User Tips Cloud Computing Data Backup Hardware Artificial Intelligence Chrome Malware Cybersecurity Smartphone Internet of Things Communication Software Collaboration Browser Innovation Managed IT Services Cybercrime Backup Data Recovery Computers Mobile Device Management Two-factor Authentication Windows Efficiency Data Communications Connectivity Vulnerability Business Management Word Office 365 Windows 10 Ransomware Saving Money Smartphones Business Data Security Money Data Protection Spam Unsupported Software Data Storage Managed IT BDR Mobile Devices Business Intelligence Update Identity Theft Outsourced IT Spam Blocking Network Business Continuity Passwords Windows 7 Apps Bring Your Own Device Managed IT services Operating System IT Management CES Redundancy App Telephone Systems Social Engineering Infrastructure BYOD Avoiding Downtime Content Management IT Services Website Phishing VPN Comparison Facebook IT Plan Upgrade Remote Monitoring Router OneNote Law Enforcement Virtualization Wireless Charging Inventory Public Cloud HIPAA USB Telephony Trending Criminal HaaS Entertainment Scam Holiday Business Mangement Smart Tech Wi-Fi Computer Fan Windows Server 2008 Digital Signature Server Data loss Google Apps Mobile Device Software Tips HBO Electronic Medical Records Computer Wire Hosted Solutions Botnet Telecommuting Addiction Machine Learning Online Shopping Productivity Disaster Recovery Gmail FENG Computer Care Credit Cards PDF Cortana Alert Workers Access Control Outlook Government Data Management Sports Skype Cleaning Travel Remote Work The Internet of Things Applications YouTube Voice over Internet Protocol Evernote Tools Work/Life Balance Recycling Devices Microsoft Office Patch Management Smart Office Fraud Gadgets Encryption IT Support Authentication Solid State Drive Frequently Asked Questions Recovery Human Resources Meetings Start Menu Keyboard Practices Windows 10s Google Drive Big Data Cache Downtime Sync Multi-Factor Security Millennials eWaste Thought Leadership Document Management Amazon Screen Mirroring Password Bandwidth Audit Physical Security Excel Staff Employer-Employee Relationship Charger Hosted Computing Private Cloud Blockchain Wireless Internet Root Cause Analysis Cast Value Workforce Legal Automation Flash Paperless Office Google Docs Amazon Web Services Social Media Accountants Settings Specifications Password Manager Nanotechnology Tip of the week Windows 10 Hard Drives Servers Public Speaking Twitter Search Presentation Lithium-ion battery HVAC Augmented Reality CrashOverride Emergency Wireless Technology 5G Tech Support Safety IBM Workplace Tips Hacker Productivity Managed Service Provider Marketing Budget Competition Customer Relationship Management Hiring/Firing IP Address Company Culture Fun WiFi Users Miscellaneous Customer Service Mobile Office Managing Stress Domains Wireless