Man loses everything after thieves steal his identity!

ID-100335503 money flying away“A Melbourne man loses everything after thieves steal his identity. Hi-tech thieves hacked his mobile phone and stole his identity and banking passwords. Brett Soord had his online passwords changed and his bank account emptied, in a scam which police warn is becoming all too common.”  7 News

Having current anti-virus and anti-malware on your devices is basic house keeping and required. BUT it won’t stop this kind of identity theft at all because there are undetectable viruses out there that you can’t stop.

How are hackers accessing your identity information and bank accounts?

  1. Your computer gets infected with a virus that locates and steals your net-banking passwords.
  2. Your mobile phone account gets hacked and your mobile number gets transferred to the hackers name. Then your SMS banking codes are diverted and sent to the hacker. Now the hacker can easily transfer the money out of your account.

Why would a Banking Security Token stop this and how do I get one?

NAB Fallback_Flash_Interactive_Token_Process

A Bank Security Token is a USB security device that you connect to your computer. (See the photo on the right.)

Each time you bank online, you log into your online banking through the Bank Security Token.

The security token stops a hacker stealing your net-banking password because the password changes each time you log-in. Even if a hacker gets into your mobile phone account they will still need your BANK Security Token to access your net-banking. They have to be in possession of your Bank Security Token.

For example, see NAB Connect Security Token here: http://www.nab.com.au/static/nabConnect_demo_new/tokenLogin.html

Full Story: https://au.news.yahoo.com/thewest/a/29282693/man-loses-everything-after-thieves-steal-his-identity/

Photo supplied by: http://www.freedigitalphotos.net/