How Using Mothers Maiden Name For Banking Is A Bad Idea

Sunday, February 7, 2010 8:35
Posted in category Foreclosure Fraud

Why is it that banks are still doing this, you ring your bank to get a balance check for instance and what do they ask you:

Account Name -the ID thief will already have this if they have targeted you

Account Number & Sort Code – Again the ID thief will already have this, look how many places it is listed, on your cards, on your cheque, on your online banking, if your a business it is more than likely on your invoices too.

Date Of Birth – This is why ID thiefs love social networking sites so much, remember that time you signed upto facebook well no doubt you gave them the correct DOB and they kindly post it on your page for you.

And then Your secret password, oh wait no they don’t ask that do they, what they ask for is your mothers maiden name. Because your the only person that knows that are you not? Well no anyone can get your mothers maiden name quite easily,the ID thief will log on to http://www.ancestry.co.uk do a search on your name and DOB find you then find your mothers name, from their they just search either for her birth info or marriage info. Hey Presto the Identity thief now has all the information they need find your balance, change your address, order a new card and pin.

So what can you do to protect yourself against these threats, well think about the information you put on your social network profile maybe change your DOB and make sure it is private so only people you accept as friends are able to see your information.

The most important thing I would recommend to do would be get on the phone to your bank now and say HEY I want my mothers maiden name changed to something different, then it don’t matter what they call it mothers maiden name or super furry secret password. The information is no longer in the public domain. You have just taken a big step to stopping the identity thiefs getting access to your bank accounts.

Hope that has helped some people out, if you have any suggestions feel free to leave a comment and I will reply to you.

Obviously you can see the issues that this can create for you, so how do you protect against it. Okay the first and for most is do not run any attachements that you get sent by email or even things like msn messenger. DO NOT save your passwords in your browser, yes it makes it easier but it is not secure at all. Change your passwords once a month this way you are always limiting your losses. If you do find someone has been onto one of your accounts change all your passwords immediately.

Kurtis Brown Feb2010
Idenity Theft

Fraud

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