Price determination of intangibles

What’s Your Fraud IQ?  August 9, 2011 – 08:17 am
determine such intangibles

How Much Do You Know about Protecting Personal and Corporate Information from Would-be Fraudsters?

Find out what you know about how to analyze credit, what causes data breaches, what precautions to take when accessing hotspots in an airport with a laptop, current identity theft laws, and controlling physical access to restricted areas.

Much attention is given to safeguarding financial and physical assets from fraud, but proprietary information can also be a target for theft. How much do you know about protecting personal and corporate information from would-be fraudsters? Take this Fraud IQ quiz to find out.

1. Ferdinand’s personal financial information recently was compromised. As a result, he is considering freezing his credit report to protect his credit from potential misuse. A freeze on Ferdinand’s consumer credit report would result in which of the following?

a. Ferdinand would have difficulty obtaining instant credit.
b. Prospective credit card issuers and lenders would be blocked from issuing new credit in Ferdinand’s name without his specific approval.
c. Access to Ferdinand’s credit report and score would be blocked.
d. All of the above

2. Which of the following is the LEAST likely to result in a data breach?

a. Compromised passwords
b. Thefts of encrypted laptops
c. Unsecured wireless networks
d. Outdated network security systems

Source: The Ambassadors' QuickRead

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