Introduction Definition of information security Importance of information security Survey Results-Bank account information Protecting your bank accounts Safe Passwords Skimming Device Radio Frequency Identification (RFID) Prevention

Definition According to the Committee on National Security Systems (CNSS) Information Security is the protection of information and the systems and hardware that use, store, and transmit that information. –Protect confidentiality, integrity, and availability of information assets. In storage, processing, or transmission. –It is achieved via application of policy, education, training and awareness, and technology.

Importance of Information Security Information Security is important because the protection of personal information is vital when technology changes so quickly.

Survey Results – Bank Account Information

Protecting Your Bank Account Enroll in online statements Always sign off Use account alerts Make sure all your information is updated Make sure you select security questions that only you know Memorize your PIN number and password Beware before you share Seek secure URLs

Protecting Accounts With Safe Passwords Memorize personal passwords –Do not share them with anyone –Do not write them down Is at least eight characters long Does not contain your user name or real name Does not contain a complete word Is significantly different from previous passwords Contains characters from: uppercase letters, lowercase letters, symbols, and numbers

Credit And Debit Cards Not many students have a debit or credit card in your particular age group Technology is constantly changing Skimming Devices Radio Frequency Identification (RFID)

Innovation Is Necessary; Yet, It Can Backfire! Credit card companies are developing new ways for consumers to make payments for merchandise.

What Is A Skimming Device? Skimming device –“A magnetic stripe reader used to record the information from a magnetic stripe of a credit card usually without the cardholder’s knowledge.” –Placed inside ATM machines –Placed inside gas pumps –Waitress can have portable ones

Skimming Device Video

What is Radio Frequency Identification? Radio Frequency Identification (RFID) –A radio chip is placed inside the credit card that allows the card owner to waive for payment instead of swiping. –Helps speed up the process of purchasing products. Immediate gratification. –Convenient for the consumer, but can be very dangerous. –Distinct symbol or mark on the credit card. Wireless Card Reader –Can be purchased on the Internet for less than $500. –Used in places like airports, shopping malls, concerts, etc. –Thieves typically hide the device in a small bag or tablet case.

RFID Video

Prevention Eliminate opportunity. Only carry specific credit cards that are used on a daily basis. Leave most credit cards at home in a secure place. Pay attention to who and how people handle credit cards. Look for suspicious behavior. Credit card is returned in a reasonable amount of time. Make sure websites are secure when shopping online. Avoid giving out credit card information if possible. Consumers

Prevention-Skimming Device Since they are very hard to detect, consumers need to check bank statements on a regular basis! This is VERY important because you can track fraudulent purchases if you check your bank account on a regular basis. Always be aware!

Prevention-RFID Wrap credit cards in foil if they contain RFID. –This protects the radio chip inside the credit card. Consumers can purchase metal wallets. Credit card-shaped protection device known as GuardBunny. Kristin Paget-Recursion VenturesConsumers

“Preventive measures offer the greatest return to both the consumer and the issuer.” -Victor Wheatman