What is Insurance Fraud?

Insurance fraud is not a highly visible crime, but an extremely costly one. In fact, insurance fraud is the second most costly white-collar crime in America (tax evasion being the first).

Insurance fraud costs consumers approximately $150 billion a year in damages, leaving the average family paying a minimum of $1,000 a year in higher insurance premiums and costs of goods and medical services.

Despite this, research conducted on consumers’ attitude towards insurance fraud found 2 out of every 5 Americans didn’t see anything wrong with making a fraudulent insurance claim to receive money they weren’t entitled to. As well as, majority of people believed insurance fraud crimes were victimless crime. But, in reality we, the average consumer, senior citizen, business owner, are all the victims.

We will be penalized with higher insurance premiums, goods, and services to compensate for the hundreds of millions of dollars lost a year by insurance fraud schemes, such as the Worker’s Compensation fraud , Medicare fraud , and Auto fraud.

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With the advent of wireless Internet, more and more computer users are entering the world of cyber space.

Yet, while these users are well aware of the importance of the protection of their computer when hooked up to regular internet providers, they are often oblivious to the fact that the same cyber dangers, and in fact even more, exist in the world of WiFi.

What you may not know is that same Internet connection that makes it possible to check your email from the comfort of your bed also makes it easier for hackers to access your personal information.

It is for this reason, the sharing of the wireless Internet connection, that protecting your computer when wireless is even more important than ever before.