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  • Top Articles - Identity Theft - How to Protect Yourself

    “Like the tan? I got tons of sun on that Caribbean cruise. First class tickets to Florida and back! Nope, not an airline upgrade. 5-star service all the way, baby! Hotels, restaurants, theme parks…you name it! Look…I took pics w
    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
    ith my new cell phone! Hey, let me know when you’re free to take a spin in the car – it’s a 2005 sports model, fully loaded! Yours truly, Chad E. Charlatan, is going to the top! Nope, no job. But I didn’t pay for anything myself.
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    I don’t care who Ms. Donna Knowe-Bedter is, but it’s not my fault if she doesn’t keep tabs on her credit card statements. One day I’ll thank her for being so rich!”

    In a perfect world, everyone is honest, with good intentions.

    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    e don’t live in a perfect world.

    ID thieves are supreme opportunists. Read the news? Hackers can break into corporate computer systems and steal information on clients and customers. “Skimmers” can be attached to credit card rea
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ers, and used to store credit- and bank-card numbers. Identity thieves may pose as employers, landlords or even utility company representatives to get at your personal and financial info. Other thieves may use their employers’ au
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    horized access to obtain credit reports or other information. Databases and other records can be stolen from employers; thieves may bribe fellow employees who may have access to important data. They may steal your mail and take c
    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
    redit card offers, tax information and other documents. “Dumpster diving” involves digging through garbage to find information such as bank statements, or credit card information. And there’s always the age-old method of simply s
    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
    ealing your wallet or purse.

    New ways of stealing your identity pop up frequently. “Phishing” became prominent in 2003 and 2004: well-designed emails and websites convince victims to provide information. Emails look legit, but r
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    lease any information and the nightmare begins. The cost? Damages now top $1 billion per year. How’s that for a nightmare?

    Thieves get new phone services, auto loans and credit cards using stolen information. Victims may find th
    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
    ir mailing addresses changed, and their credit ruined. ID thieves can file for bankruptcy in the victims’ name to escape debt, and drain accounts by counterfeiting checks and debit cards. They can also open bank and credit card a
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    counts using their victims’ names.

    Your name may be given to the police during an arrest. If the real thief is released, and fails to arrive for a court date, you may be arrested. And out-of-pocket costs to clean up the mess can
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    be staggering.

    Be savvy, capiche? Thoughtful planning can prevent the pain of a stolen ID.

    * Buy a shredder. Shred documents with your name, personal information such as social security numbers, phone numbers, addresses, birt
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    dates, credit applications, financial documents, and medical and insurance information. Whole documents can be used against you. Confetti can’t.

    * Get your credit report. Verify it. Manage this tool carefully, and use it for pr
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    tection. It’s worth it.

    * Secure your computer against online theft. Your PC is a gateway to private information. NEVER leave an online connection open if you are away from your computer. Use a firewall.

    * Change passwords of
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    en. Use passwords with numbers and symbols that are easy for you to remember, but hard for someone to figure out.

    * Some programs allow the PC to fill out forms automatically. Convenient, but your PC may be hacked for info. Dis
    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
    ble this feature.

    * Call your credit card companies and make sure there are no surprises on any of your credit cards, then request that restrictions be placed on each card. Example: you can request for no phone charges, or limi
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    ts on single purchases. Violating these restrictions stops the transaction. Nightmare avoided.

    * Mailbox secure? Stealing mail is one of the easiest ways to steal your ID. Get a lockable USPS-approved mailbox.

    * Be extremely
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    icky about giving out your Social Security Number. Resist giving out that very personal piece of information. Check the privacy act of 1974. Homework: go to http://www.faqs.org/faqs/privacy/ssn-faq/ on the web for more informatio
    .

    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
    .

    * Other information, like your mother’s maiden name, seems harmless; those items are often used as verification of ID. Don’t give it out. Keep yourself to yourself, and stay educated.

    Having your ID stolen is a terrible expe
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ience, and consumes much time, finance and energy. For your own sake, the sake of your sanity and your safety, set aside a few minutes to follow the advice above. Protect yourself the next time someone says, “…and your name is….?


    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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