feedSubscribe to our news feeds
Archived Posts Lists

Australian Regulatory Compliance Review
Australian Technology and IP Business
Credit Union and Mutual Law
National Consumer Credit Reform
Personal Property Securities Australia
Longview Business Insights
Australian Private Health Insurers
Wills, Trusts, Super
Mutuals Resource Centre

Resources

Commonwealth legislation
Corporate Governance
Not-for-Profit links
Regulator Links

December 19, 2005

SEC issues identity theft guide for online investors

The US Securities and Exchange Commission has issued
a guide to help investors protect their online
brokerage accounts from unlawful use by identity thieves
.

According to the SEC, regulators believe that identity thieves have
been targeting online brokerage accounts. The thieves use software
programs to attack susceptible computers, recording key strokes and
monitoring computer activity. This enables the thieves to obtain
personal information such as usernames and passwords and can result in
investors’ money being transferred, without consent, to outside
accounts.

The guide helps investors to protect themselves online. In
particular, the guide urges investors to install firewalls, use
security software and a security token and ignore emails requesting
confidential information.

Print This Post Print This Post

Posted 19th December 2005 by David Jacobson in Web/Tech