Posted on 10/15/2012 3:44:52 PM PDT by CWCoop
Crooks are breaking into banks and stealing money. But it’s not Baby Face Nelson or Jesse James doing the robberies. Today’s thieves and crooks don’t have cool sounding names. These are nameless, faceless, anonymous cyber thieves.
There is a growing epidemic of online financial transaction theft from American banks and financial institutions. Just since 2008, cyber thieves have stolen millions of dollars from small businesses, school districts, churches, public libraries, municipalities, water districts and nonprofits.
If your personal bank account is hacked and money is taken, your money is safe from cyber theft. But that’s not the case with commercial accounts as they are not protected from cyber theft by the FDIC.
More socialism = less rule of law. Proven historical fact.
First thing they need to do is treat it as a major crime. Identity theft should be a major felony with a twenty year sentence.
Well, the U.N. wants to tax the internet, maybe that would help the problem.
Public hangings live and streaming.
I’m good with that.
While I agree with your point, but do you believe lawmakers are capable of tackling an issue like this? Just look at the garbage spewing forth from Congress. SOPA, PIPA, the list goes on.
The first step is getting business to take technology seriously and invest in it properly. Most businesses, especially large ones, tend to be reactionary and they often wont deal with an issue until it becomes a fire. Take the data loss at MD Anderson as an example. Those fools were somehow able to dodge HIPAA compliance on encryption for years. How they pulled that off, I will never know, but they were aware of the risks but played fast and loose anyway and caused the largest leak of protected health information in Texas history. We can thank the douche-nozzle suits for that one, since they refused to budget for it. If it were up to me, I would see every one of them in cuffs over it. They are a disgrace to the patients they claim to serve as well as the tax payers and donors who fill their endless cash coffers.
Scenarios like that play out everywhere. The people who make the decisions are out of touch or simply dont care about technology and its impact on business. Same goes for many computer users who refuse to learn and are incapable of critical thinking. Using antivirus, regularly updating, and using good surfing habits isnt rocket science.
The technology side is only one part. We, as consumers, should be aware of our own actions and the things we do that contribute to ID theft. Take me as an example. Like a moron, I left my bag in my car in a hotel parking lot. It was stolen, along with my Social and ID, and my butt was saved thanks to a service like Lifelock. Little things like that can have a big impact, like shredding documents and not doing stupid things like leaving bags or credit cards in your car for dirty pinche illegals to steal.
Although I realize it won’t stop the really hard core thieves treating it like the crime it is will go a long way towards discouraging the punks that dabble in it. When they see people just getting probation then the consequences aren’t severe enough. If some guy pulls a gun on you and steals your cash that is a serious crime. This identity theft usually has far greater effects on the victim.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.