Experian offers 8 tips to prevent online fraud and welcome a safe new year

Experian offers 8 tips to prevent online fraud and welcome a safe new year

Beijing, China, January 3, 2017 As the Spring Festival is coming, Internet-connected devices are not only popular among the consumers, but also become a good choice for new year’s gift. In China, more and more people are using smart connected devices like smart home, smart TVs and connected watches to make their lives easier — and in some cases better. But along with the convenience, it also comes with the online fraud risk brought by personal information and data leak. As Chinese New Year is coming, network use will climb to a new high, and fraud threats will accordingly grow. Thus Experian, the world’s leading global information services company, is to teach you 8 tips to help secure your privacy and prevent online fraud while enjoying the smart connected life.

 

“With the rapid growth of internet use in Asia Pacific, online fraud risk is also increasing,” said by Nick Wilde, Head of Fraud and Identity for Experian Asia Pacific. “Most Fraud incidents are sourced from personal data and information leak while less secure devices usually lead to the leak. Internet is interconnecting and once the data from one device leaks, possibly the whole network of this user will be hacked, which will lead to more privacy leak from the user’s other devices.”

 

The good news: You can have both convenience and privacy, as long as you know how to secure your devices along the way. Today we have eight tips to help you protect your identity while enjoying your new gifts.

  • Make sure the products and services you are connecting were purchased from reputable companies.
  • Take a few minutes to review the privacy and data usage policies for each product or service. These privacy policies and data use statements should be clear, easy to read and easy to understand. It’s important to know how your personal data is used, stored or shared and to be comfortable with the terms before using the device.
  • Look for devices that use end-to-end encryption, meaning third parties can’t read or listen to your communications. More and more products are including this terminology right in the product description. If it’s not there, ask.
  • Be careful when turning on features for less secure devices. Remember that a less secure device can open a door into your network, which can lead to access to other connected devices.
  • Change the default password before connecting the device to your network and enable two-factor authentication options, when available, for additional security. For example, you might use a username and password plus something else that only you know.
  • Pay extra attention to your Wi-Fi network and leverage all available security options, including things like router and network passwords, encryption, firewalls and firmware.
  • Be aware of the applications installed on devices, and download applications only from reputable providers. Also, only download apps created by trusted entities.
  • Got kids? Make sure children are supervised when using internet-enabled devices, especially when downloading apps and connecting to other devices.

Internet-connected devices provide endless possibilities, but they rely on technology and collected data to deliver on their promises. By following these tips, you can enjoy the conveniences and stay safe at the same time. Protecting Personal information and data is the key against online fraud.

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Experian

By Experian 01/03/2017

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