Saturday, July 5, 2008

A Review on a post on Legal from My E-Commerce blog

A Review on a post on Legal from My E-commerce blog

Once again, is the review of the post from My E-commerce blog.
The topic to be review is related to Legal issue for E-commerce.

Reviewed topic: How to lose your ID easily to fraudster at home?

According to the author, we lost most of our important personal details such as passwords, identity, login IDs, and accounts number when we throw our documents into rubbish bin. It is the main reason why fraudsters can obtain our personal informations and used it as a source to cheat/fraud others.

Refer to the article, these are what researcher found from the rubbish bin:

1) discarded banks details
2) national insurance numbers
3) mortgage documents
4) copies of passport
5) credit card numbers with expiry dates and signatures
6) blank cheques
7) unopened letter

Although these documents look like invaluable for the owner, but it is as valuable as money for fraudsters. They can open bank accounts, buy goods, apply credit card illegally by using the stolen personal information. A birth date, mother’s maiden name, password, signature, confidential letter can be the sources for fraudsters to pose our identity. These fraudulence cases can harm us. For example: criminal case (due to unpaid debts, cheating cases), damage our reputation in the market, and in many other aspects.

In order to reduce the chances for fraudsters to obtain our information, we need to have better control over our documents. One of the best ways is knaps the document by using paper crusher before we throw it. Furthermore, cover the important information by using the correction pen before we throw our documents.

There are many ways can helps to reduce the chances for fraudsters to steal our personal details. The main concerned of the issue is, how can we avoid becoming one of the victims?

The conclusion that quoted from the article:
Next time before you throw away any document, make sure all the information were properly destroyed or just avoid throwing away documents that contain the personal details.


Reference:
- http://ecommerze.blogspot.com/search/label/legal

Prepared by: Teo Muh Chow

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