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FIB - Scams 101 - Ye Olde Archives
Posted By: Larry Foster <blackstonecap@yahoo.com> In Response To: Re: Question for Roadie (The Roadie)
Saturday, 23 July 2005, at 10:17 p.m.
I think some , if not most would, be be difficult to pay through online bill pay because they're subscription, automatic billing and merchant accounts.
Actually, it seems that the merchant accounts or the processors seem to be having the security leaks.
I agree, after thinking about it that it's odd that someone anonymously would call my bank. I think on Monday will call for some more clarification from my bank.
As far as security, I think my computer is safer than Fort Knox:
Adaware, 3 (presently) spyware programs, real time virus protection always live with a full scan every 24 hours plus I do a manual scan with Panda software about every week or so.
I've always trusted internet transactions, so it's good to hear that they're safe.
Thanks for the feedback.
> Lots of that going around. Sometimes hackers, sometimes an insider data
> theft, sometimes human engineering (schmoozing).
> Now that's suspicious. But I don't see how anyone could benefit from that
> unless it was somebody local who will be watching your mailbox for the
> replacement card to show up. How secure is your mailbox?
> I would change them all to on-line bill-paying (a push transaction)
> instead of pull transactions. Banks have been known to re-open closed
> accounts to honor automatic deductions you're trying to stop.
> I don't know of any incident where the crooks intercepted a communication
> on the net, even unencrypted, and snagged the card number, but I've heard
> it can happen. Much more numerous are virus-infected systems where the
> virus payload is a keystroke logger that "phones home" to the
> crook to deliver your on-line transaction keystrokes. And less often, your
> merchant or their payment processor gets compromised.
> You can get limited liability cards from many banks for using on-line,
> that can't access your entire credit line and drain it.
> I trust it. I also keep up to date on spyware, viruses, and trojans. But I
> trust very few vendors with automatic transactions.
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