Is taking a Bank Loan Good or Bad?

Definitely taking a bank loan shouldn't be a choice for you and should be the last resource if you need to. You may be wondering, why am I writing about Bank Loans rather than Online Banking Security. I really felt how much ever Online Banking Security is important, 10 - 100 times more important for my readers to safeguard and make better plans. 

Yeah! You may lose money if there is a online fraud unknowingly, whereas taking a loan, you will lose money knowingly in terms of interest and service charges. If its a credit card and you don't pay it on time, again you will get piled up with Late Fee, Financial Charges and so on. So either ensure you use money that you have and spend it wisely, rather than losing it. The credit card one is my personal experience, wherein the minimum due I paid always goes for the charges, when I requested a refund being a customer for 15 years, its nuts that I got ;)  anyways that one is for an other post.

Back to loans, there has been one of the videos which has become famous in Tamilnadu - You can view it here, sorry but the language is in Tamil, but long story short. 

In 2006, A person takes Rs. 51 Lakh loan from a leading bank to purchase a home at an interest rate of 14%. So the person due to the COVID situation, looks at his finances and realizes he has paid more interest and there was not update from the bank in-spite of RBI (Reserve Bank of India) announcing the reduction in interest rates, to support citizens. 

So the person calls the banker and checks with him. To the person's surprise, He has paid 94 lakhs till date i.e. 2020 and only 14 lakhs has got deducted from the principal, meaning he has paid 80 lakhs just as an interest. 

The person here asks, I daily get 10 calls on an average from banks asking if he needs credit cards, personal loans, home loans and so on. So is it not the bank's responsibility to call and let the customer know about this. The Banker responds you signed the agreement, you should have approached to reduce the interest. Now the person (A doctor) says, anyways I will pay and close the balance amount as there is no choice left for him and hangs up the call.

My Opinion - Once a person takes a loan from any bank, he is going to be customer for the bank until the tenure of loan ends, isn't it the responsibility of the bank to ensure they communicate to the customer. Secondly, the customer is not going end the relationship, just with a loan, he may have the savings, he will use that bank credit card and so on. They say "Customer is King" , but in banks, Customer are not kings for sure.  If you don't believe, you miss few EMIs or miss a payment - then you will know, whether you are kings or not. 

A couple of weeks back, indeed one of the managers of  bank said, "Sir, as you don't have liquid cash now, you can take a personal loan of around 1 lakh." So I asked him, if I take how much is the interest going to be and the tenure. He replied "12 Months & 1.6 lakhs is what you will pay". So you know the answer I would have told. 

So readers, please take a wise decision, before taking loans or using credit cards. Ensure you use this as a last means if its very much needed. If taken also, ensure you make few bullet payments and close it off, so at-least you don't pay your hard-earned money as interest & financial charges. 

I myself have few loans, and I am struggling to balance the finances. My experience is my learning, my shared experience, would be your learning. Time to Decide - whether to invest in banks or buy as gold or any other investment.  :)

Free SSL Checker Online

Want to know if your SSL (Secure Sockets Layer) is installed correctly, visit Free SSL Checker Online. The Free SSL Checker Online allows you to check if the SSL certificate for your website is installed properly and is trusted by browsers.

The SSL Checker detects issues related to your SSL certificate installed for your website, in just few seconds. The SSL Checker also shows to who the SSL certificate is Issued to, who has issued it, whether its trusted or not, whether the names matches with the domain name and also shows the validity. Not only that, it also shows the SANs, which means it shows if the SSL is valid for its Sub-Domain or not. Importantly, you can know what SSL Certificate Type is that meaning if its Domain Validated SSL or Organization Validated SSL, along with the issuer brand.

The certificate and server details are also specified, which makes its easy to check the authenticity of the issuer and website itself. Make use of this free SSL checker in case you as a customer or as an organisation have a doubt, whether you are in a authentic website or not. A screenshot for your reference below.

An approach for Website Security Testing

Any businesses where the more important data is stored in the web application or lot of transactions are involved over the web, hackers turn ey to it. To make sure that the confidential data remains confidential, with getting exposed to online criminals, it is very much essential to make sure the web tests are carried out in a periodic basis. Website Security Testing plays a vital role in ensuring, that your web data and application is secure and confidential.

Below are few important functional testing invovled in web application security testing.

1. Vulnerability Check - checking for any security holes ie. weaknesses in the web application.

2. URL Manipulation - unintended behavior in the web server leading to unintended manipulation of urls.

3. SQL Injection - commonly used for website hacking

4. XSS (Cross Site Scripting)

5. Spoofing - Genarally a Hoax website / Email is created to look alike like a genuine website or a existing leading brand

Any websites that carries out financial transactions it is a must to secure their website with a period website security testing and penetration testing, to ensure that thier web server is secure.

Does Apple Mac require a Antivirus software?

Generally, I don't know wheather an antivirus software required for a Apple MAC or not if you are an home user. But however, if you are using a MAC for your business, as a precaution, you can have a antivirus software for mac. As per the general understanding, if MAC doesn's require antivirus scanner, why are antivirus companies developing one - just for business sake. No! because any technology that comes new, there are always someone to crack them. So its always wise to take a precaution - by buying an antivirus software for you mac.

Kaspersky Anti-Virus Products - protect your PC against security threats with industry leading software!
From the day I am using a MAC still I haven't encountered any virus problems. But as per my understaning, the logical truth is there is no operating system that is 100% secure or uncompromisable. And  I have yet to encounter any problems with viruses on my Macs. Although viruses are not a problem, we got to think about other malwares like trojans, worms, spyware, etc.  So securing a PC though its a MAC is also a must.
 

Effective Online Business Strategies for safe and secure Online Consumer Authentication

An online business is considered to be a good business, when it follows website security strategies and comply the government rules and regulations, moreover when it wins the trust of the consumers. So a person running a online business need to follow some of the effection online business security strategies, which differentiates their brand from that of the competitors by developing and implement advance and improved online security solutions to secure their business which provides online consumer authentication. Buy Cheap Website Hosting. The online business security level provided should match the security level of the business, importantly with the customers while carrying out online financial transactions, which mostly lead to create a safe and secure authenticated network among you and your business. To create a secure business network between the online business and customers would be based on the ecommerce internet security solutions or suite that is going to be choosed. The online business security solutions should provide a secure gateway across the customers/consumer through easy accessibility of websites or networks regardless to the location, or harware and software etc.

SSL Certificates and Encryption Technologies - For Safe and Secure Web

SSL certificates is playing a vital role in securing the online shopping and banking sessions which involve online financial transactions. These SSL certificates use some the Encryption Technologies and methodologies, to provide high-end security to the online users who give out their private and confidential transactions. In this pace, the latest in the Encryption technologies is EV SSL Certificates, which gives advanced security features while access an online transaction. The indepth analysis of the SSL encrytpion technologies for Safe and Secure web would be discussed in the upcoming postings.

If you wish to check if the SSL is installed correctly and is valid visit Free SSL Checker Online.

WiFi Internet Security

It is common now, you can access wifi from anywhere. But you should be aware that when you access internet over a unsecured network, you connections may be visible to others. In most cases, when you go to shopping malls, outlets, cinema theatres free wifi network would be available, are you sure that you are over a secured network? The answer is "No". So it is better not to access any confidential information, online banking, funds transfers, etc over an insecure network. Use those unsecured network just for browsing purpose.

Also when you use Wifi internet from home, better have a proper, strong authenthic password to it, so that other people who search for miscelleous network doesn't get control over your network. Other than this always use a Internet Security Software, which has got a Firewall - which can allow only trusted network to access your PC. Hope this helps! Try installing the free best firewall from comodo - www.comodo.com or install the internet security software developed by K7 Computing - The K7 Total Security - www.k7computing.com

Internet Explorer 9.0 - Has it come out well?

I was prompted for the Internet Explorer 9.0 Version in my Lenovo Laptop. I installed the updates, IE 9 was good. But later I realized that there is some changes happened in the system settings.

1. The Wi-Fi was not getting connected. My laptop kept on showing the error "First Switch on the Wireless device" - Though it is switched On, it was still not working. (Which was working properly before I installed IE 9?)

2. There is a pdf extractor after installing IE 9, it shows "Document format not supported, contact the administrator" - I kept using this daily, and it working fine before IE 9.

These were the 2 errors that I have found in my Laptop, I don’t know how many errors is still going to happen. I confirmed this must be because of IE 9, because this happened in one of my other colleagues PC, once he gave the system restore and was back to the old version of Internet Explorer, all the above errors went off.

Is there any other option, which we can do to fix the above problems, having IE 9 itself?

Can you trust the privacy policy provided in Websites?

Recently, this question came into my mind, when I happen to receive certain survey mailers, and if I fill in the survey, I would be receiving a gift. But I had a doubt whether to participate in the survey or not. Then I made up my mind and participated in the survey, after reading the privacy policy which mentioned "Your details, such as name, email address, phone number, address or date of birth etc etc won't be shared with any third party." And then I just accepted the terms and conditions keeping in mind why does it require for a survey to get all my personal details, still I proceeded with the survey filling in my details as required.

After a few days I received 4 or 5 calls from different locations and phone number stating I have filled in a coupon in super market and have won a gift. To get the gift I need to come to particular location and attend a presentation. When I enquired, they said its regarding a MLM Business. Later I realized my information was shared / sold to some third party companies, who are trying to market their products.

This is no big surprise to me, because I know well that leading mobile companies, sell our data for a good cost/value to the marketing agencies and companies, who frequently use to call and SMS (Text Message) us in a regular basis to sell some product or service. In countries like india, though we opt out for a DND / DNC (Do Not Disturb / Do Not Call) we receive even more calls as the rules are strictly not followed, or before we opted itself or either the data is already with third parties. That goes one side, but on the other hand, they online survey mailers and website, they too have started getting our data from us for their business and for the growth of other business ;)

Between, you can trust some corporate companies, who ask for subscribing to newsletters if you unsubscribe and even you can provide confidential details if you are purchasing a product or opting for service. They tend to use these details only to remind you if the service/product is going to expire or update you some special offer if required. But this also if you wish they will provide, if you don’t they won’t. So your data is in safe hands. If you happen to register with some miscellaneous website, probably your data is No-More Safe. THINK & ACT.

After making this analysis, probably I will have to change my mobile number - so that I don't get irritated / frustrated with dump calls. :)

Don't forget to look in to this link - a guy frustrated with kotak mahindra bank marketing call, has shared the real experience.

Top Ten Protection Tips for Identity Theft

Identity theft has been substantially increasing day-by-day. It’s a MUST to know how to protection ourselves from identity theft, so that we don’t fall prey to identity thieves.

1. Protection from Phishing: DO NOT click on links which you receive via unsolicited emails

2. DO NOT share your bank a/c or loan a/c details to third persons.

3. DO NOT provide your confidential details to known or unknown people over phone

4. DO NOT carry your Social Security card in your wallet (if you are robbed, thieves might misuse them)

5. DO NOT share your personal / confidential details such as bank login and password over chat / instant messengers.

6. Monitor your credit report regularly. We offer reliable Credit Monitoring in Topeka, KS

7. Install an Computer Security Software and keep it updated

8. DO NOT visit untrusted websites and download any exes or software’s. (Hackers may add a script to monitor your computer)

9. Always check if the net banking site you visit starts with https (https states whether the site is secure or not)

10. Learn more about identity theft and get self educated as well as educate your known ones

Internet Environment - Energy Consumption - Is it Hurting?

Infographic by WordStream

2009 Identity Theft Statistics Country-wise

Home Security In Houston


[Via: CreditRepair.org ]

Un-Trusted Downloads May Crash Your PC

Cyber criminals may get into your PC via unsafe downloads online. So beware about such kind of downloads and ensure you are safe. Here is the full security awareness article for your reference, Just visit http://www.buzzle.com/articles/beware-about-hot-downloads-online.html

New Computer Security Forum Launched!

Recently Hermesmyth, an India based Online Marketing Services company has launched an new computer security forum “SafeScribble”. SafeScribble Computer Security Forum aims at discussing and solving computer virus related problems and, suggesting the best antivirus software for computer users.

SafeScribble PC Security Forum now invites antivirus technology experts to join the discussion and help grow the community by contributing security related articles and helping the forum users of their pc related questions. Also SafeScribble invites individuals and business users to share their virus related problems by registering in the discussion board for free and make use of it.

To register for free, please visit http://www.safescribble.com/

Web Server Security

Operating Systems still continue to be vulnerable to attacks if the security patches are not installed periodically, which gives way to malwares and massive internet worms. Sometime ago, the internet worm conficker, which is also known as downadup was creating big chaos over the internet, which lead to huge losses to the corporate and website owners. Meanwhile there was also number of buffer overflow attacks reported during the year 2009. It’s quite common that all the web servers do have vulnerability, but its good the website owner need to safeguard their valuable digital assets by periodically updating the security patches and by running quality server security software products, which would prevent from the web server being vulnerable i.e. accessible to the hackers.

Below are a few one-liner precautionary steps that will help you in securing your Web server.
1. Install the Security Patches whenever available
2. Check the client side of the website by running a Malware Scan to ensure the users are safe
3. Disable the unnecessary scripting languages in your web servers, as hacker may target them
4. Subscribe and Keep monitoring the security vendor's security alerts
5. Most importantly use a tough Alpha-numeric-Symbol based password
6. Check for vulnerabilities by running a vulnerability analyser to check your web server security holes
7. Set up permissions at different levels so that no one can access as an administrator, expect the person intended for.
8. DON'T test any new or unknown scripts in your main web server, because some untrusted scripts may inject a malware in your server

Also, now Google provides a free tool called "SkipFish" - a web application security reconnaissance tool, which can run a security audit to your website. Here is the link for your convenience http://code.google.com/p/skipfish/

Still wondering how the attack takes place, here is a pictorial representation of Top Cyber Security Risks by Sans.org http://www.sans.org/top-cyber-security-risks/tutorial.php

Top Identity Theft Methods

According to the FTC, over the past 5 years over 27.3 million people have had their identity stolen. That's a scary number, made more concerning by the fact that most people don't even realize their identity has been "borrowed" until after the damage is done. At this very minute, someone could be merrily opening credit card accounts and applying for mortgages under your name. It's important to take steps to actively protect your identity. The first step is to be aware of the various methods thieves have of obtaining your personal information. Some of them are predictable, while others are more surprising. The list below is a great starting point.

• Getting your credit card information during an in-person transaction: This usually happens at a retail location where you're using your credit card to make a payment. Thieves can see and memorize your credit card info (or just write it down) and then turn around and use it to make their own purchases. They have even been known to resort to taking pictures of your card with a long range camera lens!
• Stealing your mail: Make sure your mailbox has a sturdy lock, and that you keep a close watch on your mail trends. Haven't gotten any mail for a while? A thief may have submitted a change of address on your behalf to have your billing statements mailed to an address they control. They can then apply for credit card offers that you receive and obtain credit cards in your name.
• Stolen wallets or purses: If your wallet or purse has been taken or "lost," immediately cancel all the credit cards. This is also a good time to put a credit freeze on your credit records at all 3 credit bureaus and start looking into identity theft protection services.
• Dumpster diving: You'd be surprised how much personal information people throw in the trash. It's easy for thieves to acquire this information and use it for their own means. Make sure you shred all your documents and take the proper precautions.
• Eavesdropping on phone conversations: People are usually pretty lax about what they'll say on the phone. With the advent of mobile phones, it's very easy for a thief to overhear you divulging personal information to a friend. Always be aware of what you're saying and who might be around you.
• Phishing: This is a common email scam where you receive an email from a company of authority, such as your bank, PayPal or eBay. The email will ask you to provide personal information (like a password) by responding to the email or going to a link in the email, or even by calling them. Do not ever respond to these emails! No legitimate company will ever ask you for personal information via email.
• Computer viruses: Hackers can create viruses that will invade your computer, acquire personal information, and send that information back to the hacker. Always have a current version of internet security software installed on your computer and make sure you keep it up to date.
• Intercepting data from insecure sites or networks: If you're accessing your bank account or shopping online, make sure the site is encrypted. Look for a "https://" at the front of the URL. This indicates the site utilizes SSL encryption to keep your online transactions safe.
• Pretexting or Social Engineering: This occurs when a thief uses false pretenses to get your personal information. One popular scheme is to call you, pretending to be your bank, utility company or other institution that might have access to your personal information. They will then ask for you to provide or confirm some piece of personal information. If someone calls you, don't give this information to them. Instead, look up the number of the company (if it's a bank or credit company, usually the number will be on the back of your card), and call them directly.

Some of the schemes mentioned above are fairly easy to protect against, others are more challenging. It's a good idea to stay on top of your credit records, as suspicious changes or updates to your credit history can indicate potential identity theft. The easiest way to do this is by signing up for an identity theft protection These services will usually monitor your credit history and actively stay on top of any leaks or use of your personal information.

Internet Landmines - what can a click do?

It is unbelievable how much harm a single click can do. Yet many people flirt around innocently with the internet, unaware of the dangers that are out there. In a lot of ways internet is like an area filled with landmines and any step of yours can be lethal.

Time is premium for most people these days and most of us assume and neglect some critical aspects of internet browsing. In a recent survey, it was concluded that more than 90% of internet users click “OK” or “YES” without reading the content. When installing software, most people in their haste to install their product, click “Next” without reading what they are signing up for, this becomes a habit beyond a point. This is exploited by some of the hackers.

Just a small wonder- have you ever read the term and conditions while signing up for mail account or while installing software? Answer it yourself :)

Many types of software are designed to send back information to the server computer on a regular basis. This information can vary between internet user patters to system resource usage patterns. Even many popular security software products send such information, which is later populated to develop a better product. But sometimes other malicious software might send out vital information such as your credit card information, SSN, or even bank account number and some other important documents which may be stored in your PC for your personal use.
In spite of advancement in the online security technology, there are many sites that pose various levels of threat to the computers. If you have a proper security system installed in your computer, you will be warned. But many people take this lightly, but without your knowledge your security is compromised.

This happens, mostly in case of firewall software’s – when there is a some network trying to access your computer, most of them don’t even have look at what message is being shown in the pop-up and just click “Allow” – sometimes a traffic which needs a “Deny” would be allowed.

Since most of the world, other than Europe and North America, is only recently getting acquainted with the internet. There are many unaware users on the internet. It is not difficult to get the hang once you have been browsing for a while, but initially people trust most of websites what they see, as most of them for a fact lack experience and are unaware about the online security threats.

So here is a little important information that computer users can follow.

• Read and Think before you click “Yes” or “I Agree”

• See if the website has got a “Privacy Policy”

• Always trust sites which are verified by Third Party i.e. having SSL certificate.

• Be careful about phishing attacks through email – You many receive a email claiming it to be from bank, but actually sent by a hacker.

• Always have a look at the link address once before clicking on items. If the link address does not match with the parent site, it is better to avoid such a link.

• Never click on suspicious links.

• Read the security alerts/ pop-ups, before you proceed to click “Access” “Yes” or “Deny”.

• Do not provide your personal information over chat to unknown persons.

• Do not share your passwords

• Have a Virus Scanning Software.

Day-to-Day activities that increase risk of ID theft

Everyday activities like using their phone, browsing the web and shopping can increase their risk of becoming victims of identity theft.

Steven Domenikos, CEO of IdentityTruth shares his list of 8 everyday activities that increase an individual’s risk for ID theft – I thought you may be interested in sharing these with your readers?

Phone Home: Smart phones are more popular than ever. In the rush to grab a piece of the pie, phone vendors and carriers will perhaps sacrifice security for market share. While Apple vets all iPhone apps, some others - notably Android Market - do not. Fake banking apps have been discovered on Android Market and have been subsequently removed – but not before they were downloaded and used by an unnamed number of victims.

Apple, of course, is vulnerable as well. With the lion’s share of the Smart Phone market, the successful release of a rogue application, even if only for a few days, would result in a huge payoff for the perpetrators. A May 2009 survey conducted by Trend Micro revealed that 1 in 5 Smart Phone users admitted to having been the targets of phishing scams.

Staying Connected: It seems that everyone has at least one profile on a social networking site - and many people have more than one. Besides the spam friend requests that are received, presumably in an effort to get past the spam email filters, there are the add-on helper applications that pose just as much a danger as the rogue smart phone apps referenced above.

The data contained on these sites when combined with information contained on school re-union sites, resume and job-search sites and other public information could be used to build personal profiles, and enable identity thieves to steal your whole persona.

Check that URL: In October 2009, ICANN approved the user of non-western characters in web addresses. Beginning in mid-2010, one will begin to see addresses in Arabic, Greek, Hindi, Japanese, Korean, Cyrillic and others. With certain foreign characters looking like western characters, it is easy to see that the scam artists will use these to impersonate valid sites. Surely the security software will eventually catch up. But in the meantime, users will need to beware.

It’s in the mail: When you receive applications for “preapproved credit cards in the mail” be sure that you open and shred the enclosed materials before throwing them away. According to the US Department of Justice: Criminals may retrieve those applications to try and activate the cards for their use without your knowledge. Also, if your mail is delivered to a place where others have ready access to it, criminals may simply intercept and redirect your mail to another location.

Longer Log-ins: A recent report from Imperva shows the most commonly used passwords, including “123456” and “iloveyou”. Having such an easy-to-guess password – and worse, using it for multiple websites/services – makes you easier to target. Choose complex passwords that include both letters and numbers, never use the same password for more than one website, and change your passwords frequently – at least every 3 months.

To reply?: If you get an email from any institution - be it your bank, your credit card company or the IRS asking that you reply with sensitive personal information do not respond under any circumstances. These phishing emails are still used by identity thieves preying on people that are too trusting, or too rushed to think twice.

Trash that: Dumpster Diving is not an Olympic sport – it is a practice by which criminals comb through trash looking for personal financial information – cancelled checks, bank statements, credit card statements and more. Be sure to shred any and all documents containing any personal information before throwing them away.

Shop till you drop: Double check all receipts from stores and ATMS – they may contain account information that identity thieves can use. Also, try to avoid kiosk ATMs - those freestanding units often do not have cameras and are statistically more likely to be infected by skimmers (electronic devices that allow thieves to record account and PIN numbers).

Always check if there is a SSL Certificate (https://) present in the website while you do Online Shopping. Not only in a shopping site, but also check if the page is secure in case you provide your confidential and personal details.

Internet security - must know for PC users

Everyone has a PC today, but they also get attacked by computer viruses all the time. Though PC penetration has been on the raise, the percentage of internet security conscious users has reduced.

Here are a few tips for readers to understand the DOs and DONTs on the internet

DOs

The foremost thing to do when you are an internet user is to install an internet security product. The product should essentially contain a working firewall system and a database of virus information to help protect your computer from any latest security threats.

The second thing is to educate yourself, on the levels of safety of various sites. Though it might seem that most site seem credible, with a days it should be easy for anyone to get a hang of which sites are safe and which ones are not.

Beware of what you download. Most of the viruses in the internet spread through downloads. Having said that one of the major activities on the internet is to download relevant data from the internet. Make sure you run a virus scan to ensure that the downloaded item is virus free.

Learn more about the internet security and how vulnerable your computer is. Learn to change the settings of your system to ensure that there is no possibility of an attack.

DONTs

Do not use your credit card or back account number is an unauthorized site. Many cases are reported along these lines when members have given their security details on the internet which was misused.

There are many viruses that spared through emails. When opening an email always beware of a threat. Do not open executable files when sent through email from an unknown sender.

Always carry financial transactions, only through secure websites. These sites have been verified by a third party to ensure the cash transfer process is secure. The site will begin with https:// if it is a SSL secured website.

Don’t leave your system logged in, which can be misused by other users. It is advisable to "Lock Before You Walk" from your Computer.

2010 Security Suites: The Best and Worst

We've reviewed nearly a dozen 2010 security suites—find out which will keep you safe and which to avoid.

The 2010 "model year" for security suites got started early, with a couple of products already out in June. Panda Internet Security 2010 made a decent showing, but eScan Internet Security Suite for Home Users Version 10 isn't ready to provide serious competition for any of the better-known contenders in the U.S. market. Much the same is true of K7 TotalSecurity Version 10.0: It's popular in Japan, but doesn't live up to the standards set by other major products here—at least it didn't bog down my test systems. Through the summer the suites kept rolling in, keeping me busy with all-out evaluations. Read More....

Direct Source Link: http://www.pcmag.com/article2/0,2817,2351871,00.asp