A New Twist on Identity Theft Hits Home

Saturday, October 16, 2010

Theresa Payton

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ZDNet reported recently that a Western Australian man was the victim of a new bizarre twist of identity theft.

According to the report, Roger Mildenhall, was contacted by a neighbor saying he had seen one of his investment houses for sale.  Mildenhall looked into it and found that it was for sale . 

He was also surprised to learn that he sold another property in June.  In this economy, you might jump for joy.  Roger was dumbfounded since he never intended to sell these properties - this was done unauthorized by him.

ALL transactions were made via email, telephone, and fax. No human interaction.

The report indicates that alleged scammers hacked into Mildenhall's email account.  From there they were able to get to his personal and property documents. 

They sold the house and sent the cash to bank accounts in China. So far, the investigation has not found any wrongdoing by the real estate agent.

In the meantime, Roger Mildenhall, is half a million dollars poorer.

STEPS TO PROTECT YOURSELF:

1.  Strong email passwords
2.  Do not reuse passwords
3.  Avoid sending sensitive information, such as property data, via email
4.  U.S. Banks and Mortgage companies may want to review their fraud prevention processes

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joe caceres Roger could have benefited from a solution from www.identityfinder.com. It discovers personal sensitive information and allows you to managed it properly.
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Howard Fried Another step Roger could take to protect his confidential information is to encrypt it. That way, even if a hacker does get your email password (trivial these days), all of the messages and attachments would have been unreadable.

If you are using Microsoft Outlook, please try Secret 1-2-3. It is a free add-in that puts a button in your email program, scrambling it so only people you choose can read it.

Go to Secret123.com and download today.

Full Disclosure: I am founder and CMO of the 123 Corporation, creators of Secret 1-2-3(TM).
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Christine Stagnetto-Sarmiento Also, you do not forget that the most closed ID Theft should be in our environment such as family.
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Allan Pratt, MBA A password can never be too complex. Thanks for post, Theresa.
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Theresa Payton Christine-gr8 point!
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Theresa Payton Thanks, Allan!
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