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You are here: Home > Legal > Identity Theft > Identity theft - Are You Safe Online? |
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Top Articles - Identity theft - Are You Safe Online?
Gartner Research, a US based research company estimated that 57 million Americans had received spurious e-mail from hackers or cyber-thieves impersonating legitimate services. They further estimate that nearly 11 million have clicked on the link in a phishing attack email and 3 percent of those attacked remember According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product giving personal information to the thieves. We are continually warned by banks, PayPal and others to avoid responding to these authentic looking 'lures', but how do we prevent ourselves from swallowing the bait? And even when we know a site is genuine, can we trust the operators with our details? From Gartner's ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in figures and one's personal experience it is obvious that such attempts at identity theft are undermining the confidence we place in our everyday email and internet transactions. This has led to greater pressure on services to provide improved security and more involved processes for users to authenticate themselv lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. s. Banks and financial services suffer direct losses from ID theft that cost US banks and card issuers about $1.2 billion last year, according to Gartner. We might add that these losses have to be met in the long run by consumers through fees and charges. Large organizations have the resources to devise and imp here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ement sophisticated security measures to protect the ID of their customers. Where does that leave the 'small' operators, such as the gold exchangers, merchant account operators, online auctions, etc? Even where sophisticated systems are in place, we may still be vulnerable. Banks constantly warn about replying d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro to hoax emails asking you to verify your details or opening virtual postcards. Harder to spot are emails that may contain worms or Trojan viruses that can place spyware on your PC which may transmit information or give control to a remote user. Keystroke loggers, for example can record and send your passwords an ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc logins to an invisible thief. Keeping up to date with firewalls and virus protection programs that YOU install, is obviously an essential step that we can all take to improve our security. Technology notwithstanding, the ultimate security lies with human actions. Already we have seen a number of online e-money easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi exchanges develop new procedures whereby we have to send them ID documentation often including photo ID, before we can use their services. Even the act of emailing scanned documents is not 100% secure. If hackers can access email accounts and intercept such transmissions then ID theft can occur without either th nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically sender or receiver being able to prevent it. This in itself raises further concerns. In an attempt to make payments to local and international merchants, a customer can be putting himself at risk by passing on sensitive bank and personal ID information to companies who may or may not have suitable safeguards in and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ place to protect that information. Can you be certain what happens to that information you have given to numerous online companies? Yes the online webpage is 'encrypted' and you feel it is 'secure', but who has access to that information? Can that MLM company or money exchanger keep your ID secure? Do they ha ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi e responsibility to limit access to your information? If so how do they execute that responsibility? Where are the safeguards? What eventually happens when I send a copy of my bank statement to someone I don't know in Malaysia and that company disappears a few months later? Speaking from personal experience, t ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a is happened to me with the demise of a popular investment program. I wonder who now has that information. I have no way of knowing if it has been destroyed or sold on to those constructing fake ID's. There were thousands of members who each gave names addresses, bank account details, passport and licence detail dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod . Why were we required to give them this level of information and proof of ID? The reason: Because they were trying to prevent theft and fraud by unscrupulous types. We never heard anymore from the company about our lost funds - no refunds, no apologies and no assurance about the fate of our records! A cynic m cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ight even be forgiven for thinking that some of the gold exchanges which seem to come and go with alarming rapidity, could be nothing more than elaborate fronts for the collection of consumer ID's that could be on-sold who knows where. If I decide to join similar programs in the future and decide to give them fal tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen e ID as a form of protection, I have to join the shadowy world of secret offshore accounts complex and costly money transacting. I then leave myself open to the likelihood of increased scrutiny from authorities. I do not believe this is an option for the average person with limited funds. In their response to o t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel ganised crime and potential terrorist funding, governments restrict the easy transfer of cash from one place to another. Understandably, in order to comply with regulations covering the tracking of the movement of money abroad, money exchanges need to be able to identify users and exclude unscrupulous money laund ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust rers as far as possible, but without improved internal security measures how can the average user feel safe? The recent demise of such providers as Intgold and Stormpay does nothing to reassure us. Just to be clear, In general I have no problem with paying online. What should concern us is the (lack of) securit y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products y of our data once it has been given to a merchant. How well do they store your data? Do they restrict who sees it or copies it? Even the credit card companies outsource, so how can it be secure? When one considers the sheer volume of material transmitted every day, the probability of several bytes of your inf . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de rmation falling into the wrong hands must be considered extremely small. If sensible precautions are taken at your end and you only deal with people you trust and use large well-established intermediaries to make your payments so you bring a level of protection between you as customer and the seller, you should b elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip able to feel comfortable in your transactions. But you need to beware of how much information you give strangers - just because they ask you for it! Do you give up driving because people are injured or killed daily in car accidents? No you maintain your vehicle, obey the road rules and keep your wits about you tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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