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Can Your Smartphone Help You Prevent Identity Fraud?

Can Your Smartphone Help You Prevent Identity Fraud?

Communication is an integral part of society, and several advancements in technology only prove just how much importance we give to it and to staying in touch. Mobile devices such as PDAs, tablet PCs, cell phones and smartphones are among the gadgets of choice most people use for communication because they are more portable compared to bulky laptops. You can send text messages, make calls, access your email, post updates on your social accounts, and surf the Internet using these devices.

These gadgets are so handy and convenient that 88% of adults in the US own or use a cell phone for communication and other purposes. Of these cell phone owners, 46% own a smartphone of some kind according to Pew Research Center.

Smartphones as a tool to prevent identity theft and fraud

Taking this statistics into consideration, you’d think that enterprising individuals would already be using smartphones for purposes other than communication, entertainment and accessing the web. What if smartphones could become a tool for identity theft prevention as well? If that were so, than 46% of US adults would definitely have better chances of avoiding ID theft and ID fraud. If your phone can become a medium for additional security measures for, say, online bank transactions, online shopping and logging into your social network accounts, then it will become much more difficult for identity thieves and scammers to target you.

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Currently, some banks are experimenting with providing you an access code which you’ll need aside from your password/pin and account number for online bank transactions. The bank sends you this access code through a text message once you initiate the transaction on the bank’s website. The code is usually only good for one transaction and can’t be used again for another one (or by another person trying to access your bank account online without your knowledge). Security-conscious companies that deal with sensitive data do something similar when employees need to access their systems. Every minute or so, the access codes to their systems change so employees who need access to their networks will need to provide the latest access code apart from their username and password.

For smartphones to become the ideal tool for identity theft prevention, an application similar to SecureID could be developed to run on them. Instead of bringing along a gadget that generates pass codes randomly, you could instead install an app that does the same thing on your phone. This technology is also handy because like most people, you probably bring your phone everywhere you go, making this app conveniently accessible anytime.

Smartphone users also at risk for identity theft and fraud

However, the statistics provided by Pew Research Center also show the number of people who can be potential victims of identity theft and ID fraud. According to a survey released by Javelin Strategy & Research, 7% of all smartphone users became victims of identity fraud in 2011. Identity thieves are targeting smartphone users because the latter tends to be less cautious. Some users also don’t install reliable anti-virus or anti-spyware software in their mobile devices, making them vulnerable to phishing and spyware attacks.

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The recent years have seen a steady increase in ID theft and fraud victims, so like most people, you probably do regular credit monitoring. People’s awareness over how credit monitoring can help in lowering the effects of identity theft and fraud has shifted the criminals’ focus to smartphone users – most of whom keep personal information and some financial details in their phones. Criminals can easily hack into Bluetooth or Wi-Fi connections to access these phones and steal information contained in them.

Criminals can also send emails or text messages to your smartphone asking for your credit information. These criminals pretend to be representatives of your bank or lender who ask for your information under the guise of verifying  your details and securing your accounts. These messages might look like the real thing, even containing your bank or creditor’s logo. They might also call your phone directly asking for your details, and if you do give them your credit information, you’ll surely become a victim of credit card fraud.

Protecting yourself by protecting your smartphone

Smartphone use continues to grow and ID theft is growing right along with it. However, security experts believe victims could avoid having this happen. Sometimes, the solution is simple: protect yourself by protecting the gadgets where you store your information.

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As mentioned, not all mobile devices are equipped with reliable anti-spyware and anti-virus software so criminals take advantage of this weakness. One way to prevent hackers from stealing information from your phone is by turning off its Bluetooth connection and avoiding using public WiFi connections. It’s also important that your phone locks automatically after a short period of time and asks for a password before you can access it. These are just a few simple ways to safeguard the contents of your phone.

If you want extra protection for your smartphone, you can equip it with an app that requires your fingerprint to unlock your phone. You can also get a smartphone that uses facial recognition software to unlock it. You can choose whatever security feature you think offers the best protection and is most convenient to use.

You should also be aware of how criminals phish for your credit information by calling you up or sending emails and text messages. Keep in mind that legitimate banks and credit card companies will never ask for sensitive details over the phone and via text or email messages. If someone claims to be a representative of your bank and asks for your information, hang up right away. You should also avoid clicking on links sent to you via email.

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A new level of protection

Credit card companies, banks and other businesses have done a lot to lower the chances of their customers falling victim to identity theft and fraud; however, these means might not be enough to completely avoid these crimes. Criminals, for one, are becoming more aggressive when it comes to tearing down security systems of companies in order to gain access to their database which contain customer information (personal details, credit card numbers and the like). Using biometrics – your fingerprint, for example – for added security during transactions might not be feasible just yet since all cash registers and computers will have to be equipped with fingerprint scanners.

Smartphones are undoubtedly susceptible to security breaches as well, but it’s a tool that a lot of people own or have access to. It can be the medium for the aforementioned security app that generates random access codes, and it’s a tool which banks and credit card companies can use to send passcodes to their customers. It’s a gadget that has multiple uses and can provide a new level of protection when you transact with your bank online, shop online, and log in to your social accounts.

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Published on September 17, 2020

10 Best Monitors for Your PC Under $100

10 Best Monitors for Your PC Under $100

Are you looking for the best monitor under $100?

Whether you want it for your home office, editing photography, or gaming, you don’t need to spend big bucks on a display screen because a low budget one will certainly do the trick.[1]

We can almost hear you having second thoughts about the picture quality, but you don’t have to worry at all.[2]

Our list of the best monitors under $100 will be more than enough to cover you. Just go through it now, and you’ll find yourself a bargain.

Why You Should Trust Us

Our list incorporates some of the best low-budget monitors available in the market. Their efficiency and distinctive traits enable them to stand out from others.[3] The hand-picked ones below are incredibly slick and have a high refresh rate, fast response time, high resolution, and built-in speakers.

1. Acer Ultra Thin Frame Monitor

    Our first affordable computer screen is Acer’s 21.5-inch ultra-thin frame monitor. It has a refresh rate of 75Hz using an HDMI port and offers a full HD widescreen display.

    Its brightness can be maxed out at 250 nits. It has a slight tilt angle ranging from -5 to 15, as well as Radeon free sync technology.

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    Buy this computer monitor.

    2. Sceptre Ultra-Thin Display

      Sceptre is another company that provides excellent displays for your CPU. The screen size is a little smaller at 20 inches, but it’s made up for the slightly lower price than Acer. It also comes with two HDMI ports and built-in speakers and is wall mount ready.

      Buy this computer monitor.

      3. ViewSonic LED Monitor

      best monitor

        If you want the best monitor to set up in your office or around the house, ViewSonic’s LED screen is another good option to buy. The resolution is full HD and has a broader tilt ranging from -5 to 23 degrees.

        On top of that, the product comes with a 3-year warranty. Included in the bundle are a VGA cable, monitor, power cable, and audio cable.

        Buy this computer monitor.

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        4. ViewSonic Gaming Screen

          While we just covered a ViewSonic monitor, this one is specifically built for gaming in mind.

          Overall, this computer screen provides the same specs as the previously mentioned item. The key differences are that this one is slightly longer, comes with pre-set customizable visual modes, and offers a maxed out contrast, delivering a dynamic contrast ratio for sharp and crisp images. It also comes with a DVI cable.

          Buy this computer monitor.

          5. Asus Back Lit Monitor

          best monitor

            If you don’t mind spending a little more money, you can get an Asus Back Lit Monitor for your PC. A lot of the focus is on image quality, particularly having a strong contrast ratio and smart video technology for straight viewing. That feature also helps in reducing blue light since you’ll have more flexibility with the colors and brightness.

            Buy this computer monitor.

            6. Asus Back Lit Display

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              Another alternative to the previous Asus monitor is this one. It has a smaller contrast ratio, though it still delivers a smooth video display. You also have aspect controls, so you can adjust its display.

              Buy this computer monitor.

              7. Dell Ultrasharp Panel Monitor

              best monitor

                If you’re looking for the basic features, look no further than Dell. There’s nothing particularly fancy about this panel screen, but it does the job well for any computer.

                Its response time is 8ms, which is typical for a monitor. It can come in either silver or black.

                Buy this computer monitor.

                8. ViewSonic Frameless Monitor

                  If you liked ViewSonic’s LED monitor but wanted a little more features, we suggest looking at their frameless display. While it boasts similar specs as the brand’s other monitors, it offers color correction and dual built-in speakers, making it ideal for office and home use. It’s also 22 inches long.

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                  Buy this computer monitor.

                  9. Dell Mountable LED-Lit Monitor

                    For a dependable display with a good frame rate, Dell has a mountable, LED-lit monitor in the market. It measures 18.5 inches, has an adjustable arm, and has been through rigorous testing for long-lasting reliability. You can’t go wrong with this best monitor either.

                    Buy this computer monitor.

                    10. Sceptre Monitor

                      The final screen to cover comes from Sceptre. Compared to the ultra-thin version mentioned above, this one is available in 22 inches. Beyond that, it’s your standard display that provides decent tilting at -5 to 15 degrees, wall-mounted capabilities, 5ms response time, and built-in speakers.

                      Buy this computer monitor.

                      Final Thoughts

                      Finding one of the best monitors around can be tricky. If you’re looking for an affordable one that can last for years, consider picking a computer screen from this list.

                      Featured photo credit: Sebastian Bednarek via unsplash.com

                      Reference

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