Study finds your iPhone can be that jackpot for Identity fraudsters.

(prHWY.com) June 25, 2012 - Beverton, OR -- Beaverton-- June 25, 2012 -- According to the Federal Trade Commission (FTC), identity thievery via smart phones is on an upsurge. Criminals are not just pilfering iPhones for resale on the black market but also to get access to your private information that is stored within your iPhone. To add insult to injury, smart-phone users often erroneously or wittingly store such delicate data without giving ID swindling a second deliberation. As reported by Jonathan Ladd, a senior security analyst for New Softwares, which is an establishment that specializes in file encryption and data security software: "personal data scrounging through iPhones is the most effortless method of extracting information on an individual." Ladd points out that ID stealing crooks are well aware of what category of data people store on their iPhones and other types of smart-phones.

Ladd warns smart-phone users that if they have lost their smart-phone recently, they should launch an inquest on their credit report by requesting a complete credit history proclamation from both Equifax and trans-union. Secondly, they should alert the FTC, The Department of Consumer Affairs, as well as the local law enforcement authorities. In a report published by MSNBC, criminals have also used victim's identity to commit illicit activities, such as in the case of Malcolm Byrd, who had a warrant issued under his name by a felony conducted by a criminal using his identity credentials. In conclusion, Ladd adds that iPhone users should desist from conducting purchase transactions over an unsecured wifi network and secure their private files with Folder Locking software designed to password protect their critical files. Private data protection software, such as Folder Lock for iPhone is ideally suited for such purposes, insuring the user's data security with state of the art data fortification technology.
Msnbc.com. "The Darkest Side of ID Theft." Msnbc.com. Msnbc Digital Network, n.d. Web. 25 June 2012. .

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