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	<title>ITAC Blog &#187; fraud</title>
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		<title>Friday&#8217;s Food for Thought:  The Power of the All Mighty Dollar</title>
		<link>http://itacidentityblog.com/fridays-food-for-thought-the-power-of-the-all-mighty-dollar</link>
		<comments>http://itacidentityblog.com/fridays-food-for-thought-the-power-of-the-all-mighty-dollar#comments</comments>
		<pubDate>Fri, 05 Feb 2010 14:32:28 +0000</pubDate>
		<dc:creator>ITACadmin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[Cyber Security]]></category>
		<category><![CDATA[Financial Fraud]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[Fraud Museum]]></category>
		<category><![CDATA[ID Theft]]></category>
		<category><![CDATA[Identity Theft Assistance Center]]></category>
		<category><![CDATA[ITAC]]></category>

		<guid isPermaLink="false">http://itacidentityblog.com/?p=1033</guid>
		<description><![CDATA[Welcome to our weekly Friday&#8217;s Food for Thought post.  Often we like to take an alternative (some would say &#8220;enlightening&#8221;) view on many of the identity theft, cyber security and data breach topics that we cover on an ongoing basis.  This week, we try to analyze the core of why people commit fraud: [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://itacidentityblog.com/wp-content/uploads/2010/02/dollars.jpg" alt="dollars" title="dollars" width="130" height="130" class="alignleft size-full wp-image-1034" />Welcome to our weekly Friday&#8217;s Food for Thought post.  Often we like to take an alternative (some would say &#8220;enlightening&#8221;) view on many of the identity theft, cyber security and data breach topics that we cover on an ongoing basis.  This week, we try to analyze the core of why people commit fraud:  the easy and nefarious pursuit of the all mighty dollar.   It all comes down to money.  And why is that?</p>
<p>According to an interesting blog called <a href="http://currency-history.blogspot.com/">Currency History</a>, &#8220;In all the history of the world currency evolution is marked with lots of changes. First of all we were trading with commodity money. Many cultures around the world eventually developed the use of commodity money. Ancient China and Africa used cowrie shells. Trade in Japan&#8217;s feudal system was based on the koku &#8211; a unit of rice per year. The shekel was an ancient unit of weight and currency. The first usage of the term came from Mesopotamia circa 3000 BC and referred to a specific weight of barley, which related other values in a metric such as silver, bronze, copper etc. A barley/shekel was originally both a unit of currency and a unit of weight.&#8221;  </p>
<p>So, as human beings, we have been using currency for a very long time.  This actually begs the question&#8230;then has there always been crime and fraud aimed at bilking others out of their hard-earned cash?  The answer is yes.  Check out our ID theft history contest we did last year <a href="http://itacidentityblog.com/tell-us-your-favorite-case-of-identity-theft-in-history-or-literature-win-one-year-subscription-to-itac-sentinel-to-protect-your-identity">here. </a>  And, check out <a href="http://www.tmcnet.com/usubmit/2006/08/26/1832376.htm">this article</a> about the Fraud Museum.  </p>
<p>So, what does this tell us about the future of fighting fraud?  It&#8217;s going to be an uphill battle because financial fraud was is and always will be around.  What do you all think?</p>
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		<title>White House to Announce Cyber Czar This Week; Three Recommendations for this Person</title>
		<link>http://itacidentityblog.com/white-house-to-announce-cyber-czar-this-week-three-recommendations-for-this-person</link>
		<comments>http://itacidentityblog.com/white-house-to-announce-cyber-czar-this-week-three-recommendations-for-this-person#comments</comments>
		<pubDate>Tue, 26 May 2009 16:49:34 +0000</pubDate>
		<dc:creator>ITACadmin</dc:creator>
				<category><![CDATA[Daily News]]></category>
		<category><![CDATA[cyber czar]]></category>
		<category><![CDATA[cyber issues]]></category>
		<category><![CDATA[Cyber Security]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[Identity Theft]]></category>
		<category><![CDATA[Identity Theft Assis]]></category>
		<category><![CDATA[NSA]]></category>
		<category><![CDATA[Obama Administration]]></category>

		<guid isPermaLink="false">http://itacidentityblog.com/?p=382</guid>
		<description><![CDATA[<img class="alignleft size-full wp-image-383" title="whitehousecyberczar" src="http://itacidentityblog.com/wp-content/uploads/2009/05/whitehousecyberczar.jpg" alt="whitehousecyberczar" width="124" height="83" />It seems that the long wait may finally be over.  It was announced <a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/05/25/AR2009052502104.html">today </a>that the Obama administration will finally be naming the "cyber czar" later this week.  As you all know, this person will serve as a senior White House official who will have broad authority to develop strategy to protect the nation's government-run and private computer networks.  This is certainly a step in the right direction -- although they took a while to get some movement on this announcement.]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-383" title="whitehousecyberczar" src="http://itacidentityblog.com/wp-content/uploads/2009/05/whitehousecyberczar.jpg" alt="whitehousecyberczar" width="124" height="83" />It seems that the long wait may finally be over.  It was announced <a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/05/25/AR2009052502104.html">today </a>that the Obama administration will be naming the &#8220;cyber czar&#8221; later this week.  As you all know, this person will serve as a senior White House official who will have broad authority to develop strategy to protect the nation&#8217;s government-run and private computer networks.  This is certainly a step in the right direction &#8212; although they took a while to get some movement on this announcement.</p>
<p>Since we cover cyber security on an ongoing basis, and have received some very thoughtful comments from our readers, we would like to tap into this collective knowledge and come up with three recommendations to help strengthen our nation&#8217;s cyber security efforts.  As such, we would like to hear from you!  Please post in the comments section your top three recommendations for the new &#8220;cyber czar,&#8221; and we will pull these together into an official letter for this person.</p>
<p>We welcome any and all ideas.  Surely, this person could benefit from the collective wisdom of our readers, and as many of us agree, there is only room for improvement when it comes to national cyber security.</p>
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