April 20, 2008

Zero Day Threat: The Shocking Truth of How Banks and Credit Bureaus Help Cyber Crooks Steal Your Money and Identity

Zero Day Threat: The Shocking Truth of How Banks and Credit Bureaus Help Cyber Crooks Steal Your Money and Identity

“If you bank or manage your stocks online, you have to read this book. Cyberspace is making all sorts of things possible. Unfortunately, among them are fraud, theft, and espionage—all of which can directly impact you.”–Richard Clarke, noted counterterrorism expert and bestselling author of Against All Enemies

A white-collar true-crime story, Zero Day Threat is a powerful investigative expose on bank and lending policies that actually facilitate ID theft and fraud. USA Today reporters Acohido and Swartz reveal the many ways that established corporations and technology giants (including Bank of America, Microsoft, and Google) have fixated on the Internet to maximize their profits, heedless of increased risks to customers. While examining the exploding range of hidden Internet hazards, they reveal the ways in which cyber crooks nab identity data such as Dumpster diving for bountiful paper trash that offers account user names, passwords and Social Security numbers then exploit that information through channels opened up by careless corporate policies.
Using real-life examples of those who have endured the nightmare of a stolen identity, Zero Day Threat organizes its narrative around three central archetypes:

The Exploiters: The drug addicts, scam artists, and crime lords who carry out the gritty aspects of data theft and financial fraud; The Enablers: The credit card companies, banks, and credit bureaus who broker data; The Expediters: The technology experts running the gamut from good guys like Bill Gates to the devious virus writers and database hackers always on the alert for fresh flaws.

Intended not merely to alarm, but to illuminate, Zero Day Threat exposes how lawbreakers do their dirty work, and how corporations help them do it.

Author: Byron Acohido, Jon Swartz
Hardcover:  304 pages
Company: Union Square Press  (2008-04-01)
ISBN: 140275695X
List Price: $19.95
Amazon Price: $12.46
Used Price: $12.46

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What does “manage your credit” mean, anyway?

The other day I was having lunch with a friend at a deli, which had just run out of Swiss cheese. “Oh for Pete’s sake,” my friend blurted out. “What kind of sandwich place doesn’t have Swiss cheese?”That got me thinking—not about cheese—but about the phrase, “for Pete’s sake.” It’s a common saying I hear all the time; I just wasn’t sure what it really meant. (Who is this Pete fellow?)Then I realized there are a lot of terms or sayings we use that don’t have obvious meanings. In fact, I use one all time that may not be clear to everyone: “Manage your credit.” What does that actually mean?Man-age (man’ij) vt. 1 to control the movement or behaviour of; handle 2 to have charge of; direct; administerCredit management can mean many things to many people. For those of you who want to take an active role in your credit, it means understanding how credit affects your life—and how to use it to your advantage.Here are three things you can start to do right now.1. Order your credit profile more than once a year Your credit profile can change daily (especially if someone is pretending to be you), so […]

Full Article At: KnowHow-Now.com Articles

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