Identity theft can be extremely damaging and upsetting for victims. Imagine finding yourself with thousands of dollars worth of debt you knew nothing about. Imagine being the subject of a criminal investigation for a crime you didn't commit. Identity theft opens the door for someone to use your name while committing crimes and opening accounts among other things. Identity theft protection is a must in today's society.
There are two types of identity theft:
- Financial Fraud, including credit card fraud, bank account fraud, tax fraud and computer fraud.
- Criminal behavior that can range from cyber crimes to drugs related crimes and much more. To hide their own identity, criminals often use this type of identity theft.
These crimes can be devastating for the victims in a number of ways and can result in criminal convictions and debt. Identity theft protection is extremely important and if you take specific action you will reduce the chances of it happening to you. The opportunity for identity theft can sometimes be as simple as a forgotten credit card receipt or credit card offers in the mail. Actively protect yourself from identity theft by following these basic steps.
- Never give out your personal information over the phone; it is common for scam artists to pose as your financial institute and request information over the phone.
- When dealing with companies that require personal information such as social security or tax file numbers, check that they will protect your privacy.
- Review your monthly credit card statements and bank activities to make sure you can account for all transactions. If you find anything you can't account for in you statements report it immediately.
- Dispose of any sensitive material carefully, this may mean destroying documents with personal information on them. You don't want your rubbish to reveal personal information that could be used in identity theft.
- Don't carry unnecessary information on you in your purse or wallet. Make photocopies of your passport, credit cards and bankcards to make it easier for you if you lose them and need to cancel them.
- Be careful with deposit slips as they contain all the information someone would require for accessing your bank accounts.
- Use strong passwords on your accounts.
- Be conscientious about credit card receipts.
If you think you have become a victim of identity theft, contact police and fraud offices immediately. Close accounts and get your credit cards reissued with new account numbers and passwords. Let your bank know why you are doing this and follow up the phone call by stating your reasons in writing. Protect yourself and don't become a victim. By being active in the prevention of identity theft, you will make yourself a less attractive option for identity theft. |
