The Herald Bulletin

Morning Update

Columns

February 16, 2013

'Big Joe' Clark: Don’t get false sense of security about Internet use

Ignorance is rarely, if ever, bliss, and protecting your identity online is no place to be flippant. In fact, it is one of the places you should be the most paranoid.

We spend multiple hours weekly studying strategies to protect our clients’ wealth, and one of those areas of attention is identity theft. Though many people seem to believe the attacks have diminished, they have actually increased dramatically. In 2011 the Internet Crime Complaint Center, a part of the Department of Justice, received from consumers more than 300,000 complaints of online crimes.

We have become more comfortable with computers, and our natural skeptical tendencies have subsided. The hackers have not. They have become more sophisticated. In multiple examples provided at a recent symposium, professionals demonstrated how hackers can gain access to your accounts and seemingly do nothing for as long as 18 months.

You send out tidbits of information in social media and emails, and they merely collect the data until they have the entire story. Then they pounce.

This isn’t just for individuals. Corporations, both big and small, deal with cyber security, as well. Yet not all companies recognize the danger.

According to a study by Deloitte published in January, 88 percent of companies do not think they are vulnerable to a cyber-threat. The report also cited that more than half of the same companies surveyed had already experienced a security incident in the previous 12 months.

Hewlett Packard and the Ponemon Institute reported in 2012 that the average cost of cybercrime to a U.S. company was $8.9 million, which is up 38 precent from 2010. This figure is expected to rise alongside the technology hackers gain access to in order to penetrate personal and corporate private information. Hackers are becoming more patient and more effective.

Luckily, we can better protect ourselves. Commonsense and old-fashion suspicion go a long way, when it comes to Internet safety. For shopping online, it’s often a safe bet to stick to well-known retailers such as Amazon and Wal-Mart or websites that use trusted third-party verification services such as Truste or SSL Certificate. Try not to use the same password for multiple websites, because if one site becomes compromised then that might possibly open up other sites you use.  

Be mindful when accessing wireless internet (WiFi) in public places; scammers have the ability to monitor what you access online if the proper precautions are not taken. As always, make sure you are using a reliable anti-virus and if possible firewall software on your computer.

These layers of protection aren’t perfect, but they can provide some peace of mind that while the internet has its dangers, it’s still possible to surf the web in a safe and secure manner.

Joseph “Big Joe” Clark, whose column is published Sundays, is a certified financial planner. He can be reached at bigjoe@yourlifeafterwork.com or 640-1524.

1
Text Only
Columns
  • OPN - Mootry column mug [Duplicate] [Duplicate] Primus Mootry: There is a poet in each of us April is National Poetry Month. Throughout the country, colleges and universities, elementary and secondary schools, libraries and various publications have hosted poetry readings or featured unpublished poets.

    April 23, 2014 1 Photo

  • underwood mug [Duplicate] Scott Underwood: Nightmares from high school proms past I wore a salmon-colored tuxedo with a cummerbund and tails to my senior prom. I was 6-foot-6 and 175 pounds. A beanpole.

    April 21, 2014 1 Photo

  • Hayden, Maureen mug Maureen Hayden: Judge in gay marriage decision no activist

    When U.S. District Judge Richard Young recently ruled in favor of a lesbian couple seeking recognition of their out-of-state marriage, opponents of same-sex unions called him an activist judge who was unilaterally trampling the law. The label didn’t resonate with those who know Young well.

    April 20, 2014 1 Photo

  • Charo Boyd mug [Duplicate] Charo Boyd: Social Security goes green on Earth Day and every day For years, Social Security has been at the forefront of offering convenient, easy-to-use, and secure online services. We, along with those we serve, have saved a lot of paper, shipping costs, and fuel — and cut back on a lot of carbon exhaust and pollution — by going online instead of doing things the old-fashioned, less efficient way.

    April 20, 2014 1 Photo

  • Tim Kean: Can we have a 'A New State of Mind?' I have recently read some great articles about people coming together to make a difference in the lives of children facing food insecurity. The collective effort of a group can provide some much-needed food to kids who may not have a meal when they return home from school or during the weekend.

    April 19, 2014

  • SPL - PT041014 - Ken de la Bastide column - Ken sig Ken de la Bastide: County may eliminate Data Processing Board

    Action two weeks ago by the Madison County commissioners to close Data Processing Board meetings to the public might run afoul of the Indiana Open Door law, and a local resident is considering filing a complaint with the Public Access Counselor’s office for a determination.

    April 19, 2014 1 Photo

  • Timmons, Theresa mug Theresa Timmons: Dinosaurs run amok at mamaw's house I love my new job as a grandparent. It includes playing imaginary tennis with imaginary tennis rackets, making elaborate tents in the living room, and hair-pulling.

    April 19, 2014 1 Photo

  • Stringer, Maleah mug Maleah Stringer: Volunteers needed to spend time with shelter animals Shelters can be extremely stressful places for many animals, particularly those who have been in a loving home. This is why we want people to come into the shelter and spend time with our animals — to help keep them adoptable so that when the right person comes along they are ready.

    April 19, 2014 1 Photo

  • Bailey, Jim mug Jim Bailey: Wages were much less back then, but so were prices If you have any questions about what economists mean by inflation, just look at yesterday’s buying power. Those old western movies talked about wages of $1 a day. That wouldn’t even buy a burger at a fast food joint today by the time sales tax is added in.

    April 19, 2014 1 Photo

  • Clark, Big Joe mug [Duplicate] 'Big Joe' Clark: Understanding the risks within fixed income investments Many retirees associate the concept of taking “risk” with the equity markets. However, as 2013 demonstrated, there is also principal risk in the fixed income arena if an untimely liquidation requires you to sell bonds and generate income.

    April 18, 2014 1 Photo

Featured Ads
More Resources from The Herald Bulletin
AP Video
Bon Jovi Helps Open Low-income Housing in Philly Pipeline Opponents Protest on National Mall Hagel Gets Preview of New High-tech Projects S.C. Man Apologizes for Naked Walk in Wal-Mart New Country Music Hall of Fame Inductees Named 'Piles' of Bodies in South Sudan Slaughter New Yorkers Celebrate Cherry Blossom Blooms SCOTUS Hears Tv-over-Internet Case Justice Dept. Broadening Criteria for Clemency Chief Mate: Crew Told to Escape After Passengers 'Miss Meadows' Takes Holmes Back to Her Roots Biden: Russia Must Stop Talking, Start Acting David Moyes Out As Manchester United Manager Raw: Leopard Bites Man in India Iowa College Finds Beauty in Bulldogs High Court to Hear Dispute of TV Over Internet Stowaway Teen Forces Review of Airport Security
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Helium debate
Helium
Front page
Poll

Do you plan to attend any of the local Little 500 Festival events in May?

Yes
No
What events?
     View Results