Cyber crimes have been growing rampant nowadays from prostitution to identity thievery. Even as we search criminal records, there are notable persons who have done hacking on personal accounts from emails accounts to even bank accounts.
Internet Crime Complaint Center releases a background check report stating that about $559 million were lost by Americans to Internet thieves last year. This was twice than the 2008 figure where $268 million were stolen.
Bankrate.com gave advice regarding cyber crime especially on how to secure the consumer's interest. They first take note on the most dangerous account taker.
The biggest threat to banking accounts would be Banking Trojan, a malicious code designed for banking fraud. These are invisible and can steal multiple data which includes the consumer's passwords. Advance types of this virus can even make illicit transactions like money transfers that can drain one's account completely.
For those who wish to have a secure bank account online passwords and other so called "layers" before entering the account are very important. The more codes that are needed to be given before you can log in the better are the security of that account. There are even banking sites that ask for users to use a username for logging in. the key to a safer account is to have a password composed of letters and numbers as well.
In the case that your account has been hacked remember to the general rule of consumers checking the savings: the bank is liable for most of the damage. This rule however is limited only to those who report the illicit transfer in a timely manner. In the case that a user has multiple accounts from credit to business, liability to the bank is only when the customer has he has a reasonable conducted with respect to security. The court will therefore determine who more at fault of the breach was.
Business accounts are also more prone to hackers especially and is least protected by the law. Court records have listed such cases of theft that if we search criminal records there are definitely hundreds of such listed per year.
The Uniform commercial Code or UCC regulates the Business Accounts. They require banks to maintain a commercial reasonable authentication security procedure in any wire transfer. This is a background check whether breaches are caused by the consumer or the bank. In case the consumer is at fault the bank is not liable for the loss.
To protect accounts, as shown in background check on hacked accounts, it is best know the safety procedures first before undergoing online transactions. Firstly opening it should only be accessed on one's personal computer and not that which is shared; this also goes the same on the network used by the computer (the network should not be in public). Computers should also have an updated anti-virus, anti spyware, and firewall protection. Do background check of statements to see if there is an irregularity that is needs to be reported immediately. Lastly passwords should be strong (using combination of numbers and letters) and should not be the same for multiple accounts. Logging off after every session is a must as well.
Madeline is a psychology graduate presently working as a freelance writer and at times handle background check service for a women's magazines. she is also a ghostwriter for a local newspaper and does background check on records search for her uncle's law firm which also helps her with her writing stint.
