Cyber Theft| Consumer Protection

Written By: Louie Talacy

blick-law-firm, tampa-law-firm copyWhat do Target, JP Morgan and Home Depot have in common? These are all large corporations that have experienced serious security breaches. The security breaches compromised the identity of millions of consumers and shook their confidence. How do such big corporations get hacked? Aren’t there firewalls and identity protection procedures in place to prevent such breaches? Surely such huge corporations can afford the best and most secure anti-hacking products.

The truth of the matter is that, technology has evolved to a magnitude that is nearly incomprehensible. Nearly everything we do is integrated to some sort of machinery. The dawn of the internet laid the foundations for a worldwide integrated information super highway and now, more than ever, people who are tech savvy are finding ways to get ahead.

Unfortunately, some of those people are hackers who are willing to take advantage of other people’s hardships for their own monetary gains. As a result, the continuous struggle between hackers and security programmers has escalated into an intense cold war. Just like viruses and antibodies adapting to each other’s defenses, hackers and programmers are consistently evolving their tactics to keep ahead of each other.

The thought of having your information stolen is terrifying. With the advent of Black Friday and the winter holidays consumers must be more careful now than ever to protect their information. Fortunately for Floridians, new legislation has taken effect to protect consumers from cyber fraud.

Implemented July 2014, the Florida Information Protection Act imposed new regulations for protecting the consumer. Essentially the act states that companies must do more to ensure that consumer information is protected and safeguarded from hackers. The expected level of protection is based on the size of each company; obviously, the larger the company the greater the need for more advanced consumer protection.

So now that you know about these changes, you can shop a little easier for your holiday gifts. Remember there are things you can do to help protect your information such as…

1. Check banks statements and report anything that seems suspicious.

2. Keep cards in a protected wallet

3. Perform regular credit checks

If you become a victim of identity fraud please seek counsel with an attorney at…call

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