Safeguard of Personal and Financial Data

Nowadays, the pace of technologies are accelerating, you may give out your personal and financial information in some way or other. It could be using a loyalty card when you are shopping, in your workplace or when you carry out a transaction with your bank. Crimes such as identity theft are increasing and it is even more important that you safeguard your information and protect yourself. Criminal groups can find out and use your personal details to open bank accounts, apply for credit cards and loans and get benefits in your name. Besides, there are some other ways that the criminal groups can steal an identity, such as dumpster diving, mail theft, impostors, and direct access to personal documents at home.
But, don’t panic! There are some simple steps you can take to safeguard your information. They are:-
- Store any documents that carry your personal details, such as passport, driving license, bank statement and utility bills in a safe place
- Shred or destroy personal documents carrying your personal details, such as bank statements, bills, receipts or credit card statements or any other document that carries your name, address or other personal details
- Ensure any receipts are disposed of safely, especially if your payment card details are imprinted
- If you move house you must redirect all your mail, inform your bank, utility companies and other organisations of your new address.
- In the public computer lab, do not access to your personal and financial details, such as bank balance.
- Create password for your confidential information to avoid people access to it. Remember, avoid using the birth date and the password must keep to yourself!
- Review your credit reports annually to safeguard your identity
- Avoid giving your personal details to unknown parties through phone or email.
- Check your bank and credit-card statements regularly for unusual or unfamiliar transactions
- Regularly get a copy of your personal credit file to check for any suspicious credit applications.
- Always consider who you are giving your personal information to

Application Of Third Party Certification Programme In Malaysia

Security is the primary concern of entering into the new Internet economy. Many people deliberately limit the transactions they do online because they fear for the security of personal and financial information transmitted over the Web. With the increased phishing and spoofing attacks on the Internet, customers want to make sure that they are dealing with trusted parties when they conduct business online.

Third party certification is a procedure by which a third party gives written assurance that a product, process or service conforms to specified requirements . Certification authority (CA) issues digital certificates to guarantee customer’s information traveled over the Internet reaches the intended recipients and is safe from intruders. The two most popular CA are VeriSign and Trustgate.

VeriSign is the world’s leading Certificate Authority and global provider of SSL Certificates and the only leading provider who can guarantee that every Web site visitor will receive the strongest SSL encryption. The VeriSign Secured Seal ranked highest by a wide margin in perceived safety of visitors’ information, perceived trustworthiness, purchase likelihood, and overall preference and the most recognized tested marks.

VeriSign offers a few benefits.

1.It can help your company establish or improve customer trust by securing yourWeb site and information for business.

2.VeriSign Secure Site Services offers your company the power to secure its Web site for safe information transfer, especially for e-commerce and other financial transactions. It protects sensitive data transmitted between servers, consumers, and business partners.

3.Securing your Web site with VeriSign SSL also helps compliance with various governmental security regulations. Your businesscan use SSL for its powerful encryption capabilities and the increased consumer confidence that comes from VeriSign’s mark of security!

MSC Trustgate.com Sdn Bhd is a licensed Certification Authority (CA) incorporated in 1999 which operates out of the Multimedia Super Corridor to provide digital certification services, including digital certificates, cryptographic products, and software development to enable organizations to conduct their business securely over the Internet. Some of its products and services include SSL CERTIFICATE, Managed PKI, Digital ID, and MyTRUST as following:

1.SSL Certificate for Internet, Intranet and Server Security
One of the 3 types of SSL Certificate include Secure Server ID which protects the transfer of sensitive data on Web sites, intranets, and extranets. The second type is Secure Server ID which adopts the strongest encryption commercially available for secure communications via Server Gated Cryptography (SGC) technology.

2.Managed PKI for Enterprise Trust Services
A fully integrated enterprise platform designed to secure intranet, extranet, and Internet applications by combining flexibility,performance, and scalability with high availability and security. this solution helps to protect on-line transactions, digitally sign them and control the access to intranetsand extranets.

References:

http://www.tamingthebeast.net/tools/business-security-certifications.htm
http://www.msctrustgate.com/
http://www.verisign.com/
http://www.guardianecommerce.net/guardconsumer.htm