Chapter 6, Problem 4FPC

Summary Introduction

Case summary:

In 2009 Consumer Sentinel, the dissension database created and kept up by the Federal Trade Commission, got more than 1.3 million buyer extortion and wholesale fraud com-plaints. Customers detailed misfortunes from extortion of more than $1.7 billion. Fraud is the quickest developing money related wrongdoing. One of the principal things the FBI found about the September 11 is that about half dozen criminals were utilizing credit cards and driver’s licenses with characters lifted from stolen or forged travel permits.

In the event that you think at all about the security of your money related information—your record as a consumer, your portfolio, your charge card numbers—you can shield yourself from lawbreakers that misuse data. To ensure yourself, keep your Social Security number in a safe place and never bear it with you. Give your Social Security number just when important. Rather, attempt to utilize different types of distinguishing proof. Overlook email demands for your own monetary data. Shred the disposed of financial records and any preapproved Visa applications. Furthermore, check your credit report consistently.

To determine:

The steps that can be taken up to protect the credit cards and other financial information.