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Lloydshare Scam Prevention Team Advises Individuals On Ways To Protect Themselves Against Rising Number of Caller ID Spoof Apps

Lloydshare scam prevention team urges individuals to exercise caution as the rise of smartphone apps designed to trick caller ID systems makes it easier than ever for criminals to exploit unknowing individuals.

SAN DIEGO, April 10, 2013 /PRNewswire-iReach/ -- The smartphone app marketplaces are seeing a rise in user-made applications that allow smartphone users to trick other cell phones into displaying incorrect caller identification. At first, these apps were just used to make prank calls, but criminals have quickly gotten their hands on these apps and are using them to exploit unaware individuals. Caller identification, commonly called "caller ID," allows a person to know who is calling them before they pickup their phone. A caller's name and number, is typically displayed on the telephone's screen. Some service providers even offer gear that allows customers to see caller ID displayed on their television sets.

(Photo: http://photos.prnewswire.com/prnh/20130410/CG92647)

Lloydshare scam prevention team wishes to alert individuals to the rising danger that comes with the introduction of these spoofing apps. Scammers are using a practice known as "caller ID spoofing," where they can forge the telephone name and number displayed on the Caller ID information to disguise their actual identity, using the spoof apps, previously mentioned. What happens is a criminal will download an app, and have it display a bank's phone number, so that when they call an unsuspecting person, that person thinks the criminal is a bank representative.

At Lloydshare, where customer security is of the highest priority, the scam prevention team recommends individuals to never provide personal information to an unsolicited telephone call. If the call sounds the slightest bit vague, it is best to simply hang-up. Look up the company who just called, and manually dial the number into the phone, do not simply auto-dial the last number called again. Double-check with the agency that they actually do need the requested information, and verify that it is not a spoof-caller.

For over a decade, Lloydshare has pioneered the concept of offering vacation ownership linked deferred annuity based on the premise that no other product existed of its type.

In 2013, Lloydshare's current portfolio of resorts includes over forty-five vacation ownership properties within the Caribbean, Mexico, and Asia. Their contacts in the vacation ownership industry afford them the opportunities to maintain strong relationships with the top leaders and innovators of the industry.

Lloydshare is an international member of the American Resort Development Association, as well as the Canadian Resort Development Association. Both memberships allow Lloydshare to be at the core of the vacation ownership industry, staying ahead of the latest trends and developments.

Media Contact: Lloydshare Annuities, 507 205 1993, [email protected]

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SOURCE Lloydshare Annuities

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