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Last Updated: May 20th, 2012 - 04:06:58 

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Tips to Protect Your Credit Online
By Alan Wlasuk, CEO of 403 Web Security
May 8, 2012, 02:47 PST



Nearly every day consumers are hearingupdates about the constant cyber war with hackers. Lately we’ve been hearing about reputable news outlets using hacking as a means of research. And mostrecently about how Anonymous and Lulz Security have called for a boycott ofPayPal. In short, this is scary stuff. Major corporations have been attacked solely because they reported on or reacted to illegal modifications to products. And the most frightening part? These small, loosely knit hacker groups are able to pull it off quickly and easily.

So what do you do if you fear your information might be in danger? To help consumers determine some next steps, Alan Wlasuk, CEO of 403 Web Security, a web security company, has compiled a list of steps consumers can take if they fear their personal information might have been compromised by one of these attacks.

  • Cancel it Immediately - If you have a credit card in a network that has been breached, cancel it immediately. Canceling a card takes minutes; recovering from credit card fraud might take years.
  • Reserve a low limit card - An even better tip would be to sign up for a low limit credit card and use that as your Internet card. If this information was compromised, at worst you’d be out a few hundred dollars but your primary financial world would be intact.
  • Limit your accessibility - Think about the information you put in the hands of companies that may be subject to a cyber attack. The data breaches that you hear about are only a fraction of the ones that get reported. The more places you trust your data, the higher the odds you’ll be one of the millions of consumers who become a victim of cyber crime.
  • Never let yourself be led to a website - If you didn’t enter the site address yourself of pick it from your favorite list just don’t go there. It could be part of a sophisticated scam.


© Copyright 2012 by Classbrain.com

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