CREDIT AND DEBIT FRAUD: By Tiffani Brown by Tiffani Brown

CREDIT AND DEBIT FRAUD: By Tiffani Brown by Tiffani Brown https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm Credit and debit fraud, and how to protect yourself from becoming a victim. en-us 2019-11-11 23:10:07 UTC 2019-11-26 04:01:11 UTC hello@padlet.com Welcome everyone! tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/409720424 Through this conversational Padlet wall, I intend to share the many discoveries involved in my research of debit and credit fraud. I intend to research debit and credit fraud statistics, credit and debit fraud in Canada, and to then go deeper into finding the most reliable sources for how to protect and defend yourself against credit and debit fraud.
My intention is to bring light to the subject of credit and debit fraud, exploring the ease and difficulties of fraud and how the fraudulent activities are executed. I would like to learn about the landscape of credit and debit fraud and then how it has advanced or receded. Thank you for visiting, I hope you enjoy sharing this journey with me!

Warm regards,
Tiffani Brown]]> 2019-11-11 23:23:03 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/409720424 WEBSITE #1: Knowledge is power! tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415520752 Before we delve into credit and debit fraud, this website explores criminal fraud under various classifications. This is a great place to start exploring fraud as it sheds light on the types of fraud and their scopes, and depth of possible impact.

From car fraud to business fraud, landlord fraud to bank fraud and consumer fraud; they have thorough, comprehensive on the many types. Each type has very clear and direct fraud prevention tips, plus instructions on what to do if you've fallen victim to any types of these frauds.

The reason I chose this website is because it has an organized layout and is visually pleasing for an individual interested in learning about fraud. Because they cover so many types of fraud, I felt this was an essential website to share with everyone who visits my Padlet wall. Though not specifically Canadian, I hope that, from this website, you too will feel more confident and prepared in protecting yourself and others from falling victim to fraud.

]]> 2019-11-22 20:52:39 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415520752 PHOTO #3: Oh, Canada! tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415592705 I came upon this amazing infographic picture during my research. I am in school to become a nurse, so this type of fraud caught my attention, though it was not directly connected to debit or credit fraud.

In some countries it is called Medical insurance fraud, Medical Service fraud or Health Care fraud; it doesn't matter where you are from, it all means the same thing. You are taking advantage of a health care system.

I am proud to live in a country such as Canada. Something we have slightly less worry about in Canada is identity theft and fraud through our healthcare system. Medicare fraud is prevalent in the united states, especially because of their extravagant pricing for basic operations and treatment.

Did you know: One of the main reasons Canada enforced all inhabitants to get the green health card was due to the high level of protection it offers Canadians. The ease with which individuals could commit healthcare fraud was quickly addressed, after notice was taken over the replication of 'red and white' health care cards.

]]> 2019-11-23 03:01:23 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415592705 WEBSITE #2: The Canadian Anti-Fraud Center tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415594514 This is a necessary resource to share, especially as we look more specifically at Debit and Credit fraud. This website is the official Government of Canada website for anti-fraud. The Canadian Anti-Fraud Center are who should be contacted by anyone who has fallen victim, or believes to have fallen victim to fraud or identity theft. Be careful, when entering data into online websites. Be sure they are trusted or protected and that you are not using a public network, as thieves are able to access and target your credit and debit card information.

I believe that this is an essential website to know about. Before I began my research, I had no idea this website existed, or their mission statement. I chose this website because it offers up-to-date information on various habitual tactics presented by fraudster, and many links to current news articles regarding fraud. I also appreciated that the information is clearly displayed, with important information highlighted. ]]> 2019-11-23 03:17:02 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415594514 PHOTO #1: Fraudsters - The faceless 🕵️‍♂️ tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415597276 You are likely thinking, "I have seen this picture, A LOT, while exploring this Padlet." I purposely chose to use this photo as the background and as a post because it is exactly the subconscious picture I create when conjuring up 'a thief/fraudster/scammer.' The reality is that a fraudster does not look like or act like anyone specific. These are individuals like you and me, making a terrible decision while pretending their actions are invisible. Those who commit fraud could be a country away, a province away, or even a street away from our own home.

I believe that fraudsters/scammers choose their actions due to a measurable amount of belief that they won’t be caught. Some might think no one can catch them because they are impersonating someone else. Pretending to be someone else does not make a person, or a crimes invisible. They are real and, as evidenced by the previous post, thieves should know that they are being watched through technological network and analysts and they will be caught.]]> 2019-11-23 03:41:05 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415597276 WEBSITE #4: Someone else is watching us... 👀 tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415598894 In 2017, most fraudsters were victimizing online lenders. I was interested to learn about what efforts were being made to protect citizens. I wondered if, perhaps through programming or monitoring, if there was someone going through a massive compilation of sales data and how they keep up with all the data coming in every day from various companies or individuals.
I came upon a network that makes reports of transaction data, created by ThreatMatrix. These reports are based entirely on the analysis of all collected transaction data. The reason ThreatMatrix constantly analyzes this data is to give insight into traffic patterns, possible threats, and an accurate resource for information regarding any and all transaction discrepancies.
I was impressed to learn about the extreme accuracy and legitimacy of its information and how it was based off hundreds of different characteristics(such as: device ID, geolocation, history, behavioral analytics etc.). Having this information makes me feel more confident in the power of technology and the protection, which is provided for us, against thieves attempting to make purchases against us with our own information.

Did you know: The ThreatMetrix Digital Identity Network analyzes around 2 billion transactions per month!]]> 2019-11-23 03:55:30 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415598894 WEBSITE #6: Why Improved Authentication May Stop the Online Fraud Epidemic tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415601772 Anyone with a smartphone or a laptop has likely experienced this: to sign up for a website or to create an account, you must provide a long list of 'secret questions;' or the dreaded "new password required" alert while using a favourite phone/computer application. Security alerts often inflict panic for uneducated or new users of technology. Instead of invoking anxiety, they should be welcomed, as it is multi-step authentication that improves the safety of your identity.
I chose this website due to my ignorance, and past annoyance with security alerts. I would feel anxious or upset at being forced to change my password, update my information or choose 3-10 new security questions, just to access my personal accounts or account information. These security measures are truthfully the best way to protect yourself from hackers and thieves stealing and using your personal information.]]> 2019-11-23 04:21:14 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/415601772 PHOTO #2: Fraud Prevention Month tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416144138 Did you know that there is a month which has been deemed "Fraud Protection Month?" This year marks the 15th annual Fraud Protection Month and The Competition Bureau and decided for March to be "Fraud Protection Month," fraud protection bureau.
I chose this picture due to my lack of knowledge on the existence of this month, and assuming that other may be the same. Linked to the Government of Canada website, this picture leads to a website with extremely regulated, updated and trusted information.]]> 2019-11-25 13:54:05 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416144138 REFLECTIVE QUESTIONS: tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416351518 The reason I chose this topic was due to my lack of knowledge in the area of credit and debit fraud. I wanted to explore a subject that I was interested in, so I never have to wonder about it again. I never understood how people can steal and then use information, so easily and quickly. In the process of learning all this, I learned a ton about the many types of fraud, and how prevalent it is.

One shocking thing I have learned that about a shimmer device. Such a small device which is completely out of sight while it is stealing your information, and almost paper-thin!

I was shocked to learn that thieves can steal your personal information from up to 300 feet away with devices that are not much bigger than your phone. I was also shocked to learn that hackers can access a bank account from an individual's IP address. All they need to do is remotely gain access by infecting your computer, or gain access to one which already infected, and log in!

If there was any knowledge which I could pass onto a friend or family member, it would be to invest in RFID wallets, and to touch each terminal they intend on using. My intention is not to evoke fear or paranoia, but it is to be sure that they are cognizant of any abnormal feeling or looking terminals in stores, gas stations and everywhere else.
]]> 2019-11-25 19:29:08 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416351518 VIDEO #3: Debit Card Fraud tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416355250 This is a skit provided by the Bank of Canada, that also includes discussion of debit card fraud. To know that a store clerk could be the perpetrator of credit and debit fraud is shocking. Due to the unspoken trust between a customer and business, this dishonest act could expose many people to compromised personal information. Thieves do not need your physical debit card to steal. The information stored on the card can be stolen by a skimming device. Personal information, plus a pin, means a thief can replicate a card and impersonate someone for numerous purchases.

I chose this video because it represents the simplicity involved in credit card fraud. The explanation of the functions of a chip, magnetic card, and the reasoning for access to both helps to clarify their purpose. Thieves can obtain the pin to your card several ways, but the way which I knew about previously, was cameras in stores. I am always cognizant of where cameras are, around the cashier's area, and I am always sure to cover. I hope others also tap more than inserting their chip cards. Enjoy this video and be sure to change any bad habits to protect yourself!]]> 2019-11-25 19:35:54 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416355250 VIDEO #1: Plastic, plastic, plastic... tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416363843 Just as the narrator in this video said, plastic is what we are using more and more, rather than tangible bills and coins, to pay for everything. This skit, by the Bank of Canada, is a fantastic resource for the many people that work in retail. Some might not know what signs to look for and this is a great way to learn.

I decided that this video was a 'must share' with everyone who visits my Padlet wall. I worked retail for a total of almost 12 years and it is amazing how easy it could be to spot a fraudster, especially if they are trying to distract an employee from the terminal.

I must state an important point on signatures which I have encountered. It is a known fact that, no matter how hard an individual may try, it is impossible to perfectly duplicate another's signature. One rule which has been forgotten, is the signature comparison, which I used to always do when working in a retail environment. In my opinion, enforcing a permanent signature at the back of a credit card, and another, done upon purchase, should be mandatory. Not only does this serve as proof of your identity, but it can also serve as factual data of your spending habits, later used to prove your innocence in case of credit or debit fraud. I found further information regarding this in a connected post located below this one. ⏭]]> 2019-11-25 19:52:41 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416363843 WEBSITE #3: Government of Canada tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416371014 One of the best resources for information is the Government of Canada website because it provides up-to-date and accurate information. This website teaches readers how to protect themselves from credit and debit fraud and what to do if you believe you have become the victim of a scammer.
The reason I chose this page is because government domains supply some of the most trusted, truthful information. Websites that are government domain implies that it is lead, managed, updated and regulated by the government. Everything on these pages, including the many 'clickable links' within sections, have legitimate and reliable information.

Did you know: You can put a fraud alert on your credit report! Only Equifax and TransUnion, the two Canadian credit reporting agencies, can do this for you.

]]> 2019-11-25 20:08:02 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416371014 VIDEO #2: Pick-pocketing, gone electric! tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416372023 Watch this video to learn about Radio Frequency Identification and how you can keep yourself safe from thieves. RFID is a popular feature which often associated with passport covers, but RFID protection can be integrated into a wallet, or even a purse to protect your credit and debit cards from being targeted. There should be a guarantee on the label of these wallets, bags or purses to prove product inspection and approval have been completed, to the Canadian Government's standard. This means it has been authorized and proved to be sold as a RFID protective item.
I like this video for many reasons. The serious and concerning tone is palpable; it is a fact that an individual could scan your information, from a credit or debit card, from over 300 feet away!]]> 2019-11-25 20:10:12 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416372023 Video #4: ...Did you see that? tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416407428 This video is very informative, some might find it shocking. Before anyone can notice, two individuals pull a quick maneuver without drawing attention and install a device to steal credit and debit card information. This video is an excellent reference because they are real actions of thieves which we can learn from.
I hope that by sharing this video, others might spot and disarm thieves, by paying closer attention to payment terminals and the difficulty it takes to insert their chip cards. It is important to understand how quickly and easily thieves can install and remove these small, often 'invisible' gadgets. Understanding the ease of their installation may cause others to realize,this is a serious problem and anyone could be the target at any time.

Did you Know: Skimming devices are commonly placed on the front of an ATM or debit machine!]]> 2019-11-25 21:51:08 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416407428 VIDEO #5: ✨Shimmer; but not the 'pretty' kind... tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416421272 Do not get excited, shimmer just got a lot less fun. Skimming seems a thing of the past, not that shimmer is in the hands of thieves. This video is proof of the efficiency and intelligence behind a technology which is nearly undetectable. This video shows how small and undetectable this device is being as this as a piece of paper and embedded with storage space enough to hold lots of card data. Even scarier, the fact that a thief can steal all this information via Wi-Fi, they don't even have to touch the terminal!
I felt I had to post this video, as if it was my duty. I had no idea that such a small, thin piece of material could cause such havoc and steal so much information. It looks the exact same as a micro chip, but it does the exact opposite of what our bank card's chip is supposed to do. I was surprised to learn that it is considered safer to use mobile phone apps, such as Google Pay or Apple Pay than to insert chip cards.

]]> 2019-11-25 22:42:05 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416421272 WEBSITE #7: A common misconception about banks... tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416423313 This CBC News reported a story about banks that did not reimburse/compensate patrons when money was stolen by hackers. In this story, Scotiabank denies an individual a reimbursement due "extensive history" of them making transactions from a store historically, online. It is understandable that it might be difficult for banks to comprehend if a purchase was made by the account holder. However, banks should accept the risks of insuring their patrons against this credit and debit fraud.
It was only after the subject,] went public with their story that Scotiabank finally offered to compensate them. After the money was stolen, they had to wait six months total for bank reimbursement. Banks should be reliable; meaning reliable coverage/protection for patrons and reliable for the protection of patron's information and investments.

I chose this video because it is more common to hear of banks denying the return of money stolen, rather than banks covering losses due to theft. It is important to know the facts about financial institutions and research their legal obligations.]]> 2019-11-25 22:50:07 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416423313 Website #8: Take Action! tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416432840 This Government of Canada website explains what an individual should do if there is an unauthorized transaction in a bank account. Within this website are ‘clickable links’ which are helpful in the event of an unauthorized transaction. This is an excellent resource to keep on hand and share with others.

I chose to post this area of the Government of Canada website as a point of quick reference. I identified in a previous post that the Government of Canada website is a source of extremely reliable information. The unknown part is all the areas which this website has to offer.

]]> 2019-11-25 23:29:42 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416432840 WEBSITE #5: Sharing is caring - YoungandThrifty.ca tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416447586 My experience following this Canadian blog has been totally enjoyable. Visitors can get information on topics such as investing and banking, to a comparison of credit cards and their benefits, for 2019. This fresh-looking website is appealing for viewers and the current information on a wide range of topics keep a reader updated and interested.
I chose to post this blog because I read about this blog on the CBC website, right before it was recommended to me. I enjoyed following this blog because their financial advice and explanations are simplified and clear.]]> 2019-11-26 00:37:13 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416447586 WEBSITE #9: So who IS responsible for WHAT? tiffani_defreitas8 https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416463607 The Office of the Superintendent of Financial Institutions is the federal regulator of banks.
I chose to post this website as compounding information for viewers, on their rights and supports. This resource identifies all of the federally regulated banks.]]> 2019-11-26 01:38:12 UTC https://padlet.com/tiffani_defreitas8/gcx0eq1jgwwm/wish/416463607