Best of the Week
Most Popular
1.Will UK Interest Rate Rises Crash House Prices? - Nadeem_Walayat
2.Full on Crash Alert for Major World Stock Markets... - Clive_Maund
3.Gold And Silver Market Bottoming? Big Rally Imminent? Reality Check Says NO - Michael_Noonan
4.The Coming Silver Price Rally Will Outperform All Previous Ones - Hubert_Moolman
5.The Trigger For The Upcoming Stock Crash - Harry_Dent
6.Imploding Department Store Results - James_Quinn
7.Dr. Copper is Speaking, are you Listening? ... - Rambus_Chartology
8.Pandemonium in the Stock Market, Dow falls 1,000 points in a week - EWI
9.Asia's Whirling Dervish of Devaluations Has Encircled China's Exports - Keith_Hilden
10.China Weakens the Yuan; Rattles Global Stock and Financial Markets - Gary_Dorsch
Last 5 days
How I Learned to Stop Worrying and Love Market Fluctuations - 28th Aug 15
China's Yuan Devaluation: Why It Was "Expected" - 28th Aug 15
Stocks Go Nuts But the Question Remains – Will the Rally Stick? - 28th Aug 15
Fed’s Stock Market Levitation is Failing - 28th Aug 15
The Eight Energy Systems Driving The Stock Market Rout - 28th Aug 15
Silver Sold, then Squeezed - 28th Aug 15
U.S. Economic Fundamentals 'Look Good' - Bullard of St. Louis Fed - 28th Aug 15
Stock Market Margin Calls Mount - 28th Aug 15
Einstein, Physics, Gold and The Formula To End Economic Decay - 28th Aug 15
The 10 Best Stocks for Options Trading Plays in This Market - 28th Aug 15
Economics of a Stock Market Crash - 28th Aug 15
Currency Wars Detonate; Gold Refuses to Budge - 28th Aug 15
UK Immigration Crisis Hits New Record, Trending Towards Becoming a Catastrophe - 28th Aug 15
The Ultimate Cash-Management Guide - 27th Aug 15
Why a Fed Rate Hike Could Be a Blessing for Gold Prices - 27th Aug 15
Why Devaluing the Yuan Won't Help China's Economy - 27th Aug 15
Stock Market Trend & Trade Signal Of the Decade - 27th Aug 15
Keep Your Eye On the Gold and Silver Bear - 27th Aug 15
Refugees Expose Europe’s Lack Of Decency - 27th Aug 15
How to Profit from China's Currency War - 27th Aug 15
How China's Currency Policies Will Change the World - 27th Aug 15
Chinese Medicine not Impressing Dr Copper - 27th Aug 15
Novel Biotech Novel Technology Platforms with Dramatic Growth Potential - 27th Aug 15
China Stocks Bear Market Crash, Are We Near the Bottom Yet? - 27th Aug 15
Stock Market Crash Black Wednesday Rally Crushes the Bears - 26th Aug 15
VIX Shorts Being Squeezed While SPX Prepares for Another Decline - 26th Aug 15
Why China's Economy is Deteriorating - 26th Aug 15
Citizenship as a Weapon: Travel Controls and What You Can Do About It - 26th Aug 15
Gold and Silver - How To Manipulate a Market - 26th Aug 15
How to Make a Quick 20% When the Stock Market Crashes - 26th Aug 15
Why We Can’t Handle A Stocks Bear Market - State Budgets Will Implode - 26th Aug 15
Stocks Bear Market, Is This 1929 All Over Again? - 26th Aug 15
The One Trading Strategy You Needed for Stock Market Crash - 26th Aug 15
Second Chance To Buy Cheap Gold Mining Stocks - 25th Aug 15
Gold Facts and Gold Speculations - 25th Aug 15
The Stock Market Crash Season is Here… - 25th Aug 15
Liftoff Setback Leads to U.S. Dollar Pullback - 25th Aug 15
The Stock Markets Are Extraordinarily Volatile, Here's What to Do - 25th Aug 15
Israel: The Case Against Attacking Iran - 25th Aug 15
Saudis Could Face An Open Revolt At Next OPEC Oil Meeting - 25th Aug 15
How to Calmly Weather This Stock Market Downturn - 25th Aug 15
Stock Market Sound the Alarm - 25th Aug 15
Stock Market Meltdown - Dow Monday 1000 Point Crash then Rebound, What's Next? - 25th Aug 15
El-Erian: Stock Market Sell off Is Not 1998 or 2008 - 25th Aug 15
Gold the Ultimate Financial Crisis Insurance - 25th Aug 15
Stock Market Black Monday Crash Fizzles Out, Next Black Tuesday? - 25th Aug 15
Black Monday - Rolling A Wheelbarrow Of Dynamite Into A Crowd Of Fire Jugglers - 24th Aug 15
Playing the Chinese Trump Card - 24th Aug 15
Gold and Silver: Heading for a “Blue Screen of Death” Event? - 24th Aug 15
Japan Economy Clear Conclusions Concerning QE - 24th Aug 15
Stock Market Blockbuster Right From the Open... - 24th Aug 15
Silver And The Petrodollar - 24th Aug 15
Why the Stock Market Sell-Off Happened – and How to Make Money on It - 24th Aug 15
Stocks Correct, Panic Ensues. The End Of The World? - 24th Aug 15
Stock Market - The Sky IS Falling - 24th Aug 15
SP500, DAX, FTSE - When Stock Markets Talk, Pay Attention - 24th Aug 15
Stock Market Black Monday - Full Crash Alert! - 24th Aug 15
Stock Markets Implode as China Literally Explodes - 23rd Aug 15
Stock Market Bloodbath - The Feds Gonna Need A Bigger Balance Sheet - 23rd Aug 15
Stock Market Due For A Breather (But More To Go) - 23rd Aug 15
Stock Market 20% Bear Market in the Works - 23rd Aug 15
Ankara: the New Capital of Jihad, U.S. Policy for Strengthening ISIS - 23rd Aug 15
Will Rising Interest Rates Crash UK House Prices? - Video - 23rd Aug 15

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Global Stocks Slide

The Government's Most Dangerous Threat to Your Privacy

Politics / US Politics Dec 26, 2012 - 12:57 AM GMT

By: DailyWealth

Politics

Three powerful forces have come together to dismantle the privacy of U.S. citizens...

First, government programs and regulations have formed the foundation of a massive tracking grid for all individuals. It has passed laws that give it sweeping "snooping" authority... It can now legally peer deeper into our daily lives than ever before.


Second, corporations collect huge amounts of our personal data to aid in marketing. The government can also force them to hand over customer records. In essence, banks, Internet service providers, airlines, car-rental agencies, cell-phone companies, and more have become proxy agents of the government's domestic intelligence apparatus.

Third, we live in a hyper-connected technological age... Smartphones, "cloud" computing, and credit cards have made it easier than ever to rob someone's resources... even his or her identity. This provides unprecedented opportunity for crooks to use your data against you.

This "new" America is a dangerous place. But there are simple steps you can take to protect yourself and your family. I'll share several with you today...

In a recent Wired article, one of the magazine's senior writers described how a hacker "dissolved" his online data:

In the space of one hour, my entire digital life was destroyed. First my Google account was taken over, then deleted. Next my Twitter account was compromised, and used as a platform to broadcast racist and homophobic messages. And worst of all, my AppleID account was broken into, and my hackers used it to remotely erase all of the data on my iPhone, iPad, and MacBook.

Among the casualties in this "digital massacre" was every digital photo he had of his newborn daughter's first year of life.

The hacker exploited a weakness in Apple's security measures. But as the writer discovered, he could have prevented the worst of the damage...

The No. 1 way people's accounts are hacked has nothing to do with the actual password. It has everything to do with the password "recovery tools." These are systems e-mail providers and online stores have in place to help you if you've forgotten your password.

It turns out, every day, folks are providing hackers an easy way to exploit these recovery tools... They're signing credit-card receipts.

Credit card receipts "X out" all but the last four digits of your credit card number. You may think this provides a strong degree of security. Think again. In Apple's case, the recovery tools require the last four digits of the credit card linked to the account and the account holder's billing address.

Addresses are easily attainable via public record searches. Combine this with the last four digits of a credit card and voila, you have taken over access to someone's AppleID. And it's not just Apple that works like this... any number of corporations have similar programs.

But there is a solution...

From now on, whenever you use your credit card, always black out the last four digits on your receipt. Do this on the business copy as well as your own. If anyone hassles you, explain you have a legal right to do so. The digital transaction has already occurred... you are just keeping your personal data private.

Another major weakness in password "recovery tools" is the "security questions." These are often mundane questions like "What town were you born in?" or "What is your mother's maiden name?"

A simple search of public records and social networking sites (like Facebook) should yield these answers. At the very least, it will give a hacker a short list from which to deduce the correct answers.

But there is a solution...

Do NOT supply answers to these easily identifiable questions.

If you're given the option to choose your own recovery question, make it a tough one. Make it nonsensical. Make it something that only you would know. And if you have no choice but to use the stock questions provided, give false answers.

For example, if the question asks for your mother's maiden name, make up a name like "MacSmithowitz." Keep the answers written down on paper (never in digital form), in a secure location that only you can access.

Finally, the biggest "recovery tool" weakness is your primary e-mail account. That's because on the Internet, all "roads" lead to your e-mail address. It's the nexus of your online environment.

A hacker with access to your e-mail can immediately gain access to your other accounts by resetting their passwords. (The confirmation e-mails for these are sent to your primary account, which he now has control over.)

He can also change the password and shut you out from it... peruse financial data and gain partial account numbers, like the last four digits of your credit card and Social Security numbers... rummage through all your private data, including photos, videos, and more... gain access to your cloud-based files and devices... and delete things of value to you.

This is exactly what happened to the Wired writer.

But there is a solution...

First, NEVER "daisy chain" your passwords. This means do NOT use the same password for every account you own. A compromise of one means a compromise of all.

Also, NEVER select "remember me" or "keep me signed in" on your e-mail website. (This allows others who use the same computer to access your e-mail without needing a password at all.)

And if it's offered, ALWAYS use "two-factor" authentication. For example, in order to log in, you might need your password plus a code sent to an alternate e-mail or mobile device that is associated with your account.

All these steps may take a little extra time and effort. But think about it this way... Let's say you own a rare, jeweled necklace. Would you leave this out on a table in your front yard, just so others could admire its beauty? Or would you take steps to keep it safe?

In the modern age, your personal information is more valuable than exquisite jewelry. And the strategies I showed you today are a few easy ways to keep it safe. You should put them into practice immediately.

Here's to our health, wealth, and a great retirement,

Dr. David Eifrig

P.S. This is just a small sampling of the privacy techniques I've been researching recently. I've also figured out a way to make sure no one can track what you are doing online, for example. And I even learned a very clever trick supposedly used by terrorists and cheating spouses to send messages that can never be traced, even if someone has access to your e-mail account. To learn more of these techniques, see my full presentation here.

http://www.dailywealth.com

The DailyWealth Investment Philosophy: In a nutshell, my investment philosophy is this: Buy things of extraordinary value at a time when nobody else wants them. Then sell when people are willing to pay any price. You see, at DailyWealth, we believe most investors take way too much risk. Our mission is to show you how to avoid risky investments, and how to avoid what the average investor is doing. I believe that you can make a lot of money – and do it safely – by simply doing the opposite of what is most popular.

Customer Service: 1-888-261-2693 – Copyright 2011 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Daily Wealth Archive

© 2005-2015 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Biggest Debt Bomb in History