Identity theft is something that’s become rampant in contemporary times. We’ve all heard the term, and possibilities are you and I both understand somebody who was personally effected by it– which’s if we’re not/haven’t been effected by it personally.
In fact, did you know it’s such a huge problem that 1 in 4 Americans have reported being victims of identity theft? Did you understand it’s such a huge issue that 1 in 4 Americans have reported being victims of identity theft? Or that more than 1.5 billion personal records have been exposed in information breaches? How about that cybercriminals are taking more than $1.5 trillion worldwide each year?
Whether you’re stressed over yourself, your moms and dads, and even your young children- nobody is safe from this occurring to them. In fact, due to their social security number and clear credit, kids have a big threat of identity theft!
It appears no matter which method you turn these crooks are taking our personal information for their own gain. What are the kinds of identity theft to try to find? How do they even get our data? What can you do to protect yourself and your loved ones? Let us explain the in’s and out’s of identity theft.
What Is Identity Theft? Am I At Risk?
Identity theft is the prohibited use of someone else’s individual identifiable information with the intent to commit fraud or gain financial advantages in their name. If your identity or the identity of your child has been stolen, identity burglars may open new credit accounts, file phony income tax return, buy or rent property, or take out loans that ruin your financial health and credit score.
Identity theft is a serious criminal offense in the United States. In fact, based on an online survey of 5,020 United States grownups conducted by The Harris Poll on behalf of NortonLifeLock, over 12.6 billion dollars were stolen from innocent victims of identity theft in 2019.
Thankfully, you can take actions to assist prevent having your identity stolen. But first you’ll need to understand how identity theft occurs, how to find it, and the kinds of theft that prevail.
What Are The Types Of Identity Theft?
Most people don’t understand that there’s a couple of kinds of identity theft to be on the lookout for. The four main types consist of:
- Criminal Identity Theft— When somebody dedicates a criminal offense and provides the cops false determining information
- Medical Identity Theft— When a thief takes a health insurance card and gets healthcare or prescription drugs
- Tax Identity Theft— When a criminal files a income tax return in your name and snatches your refund
- Kid Identity Theft— When a thief opens accounts using a kid’s Social Security number
Usually, cybercriminals are trying to find the following littles info about you when they’re trying to steal your identity:
- Social Security Number
- Full name
- Date of Birth
- Charge Card or Bank Account Numbers
- Automobile Insurance or Medical Insurance Account Numbers
- Details that Provide Answers to Your Account-Recovery Questions (Mother’s Maiden Name, Home Town, etc)
What Can Happen If My Personal Information Is Stolen?
If you’re believing, “Why would somebody desire my identity?”– there’s really a great deal of reasons. For an identity burglar, opening charge card in your name, making deceitful purchases, or using your personal info when being questioned by the cops are just a part of a long list of what they have the ability to do with your stolen identity. A few of the most common things they do includes:
- Open brand-new charge card in your name
- Make deceptive purchases
- Log in to personal accounts (email, social networks, bank, etc.)
- Open brand-new phone and energy accounts in your name
- Clone your ATM or debit card
- Change your billing address
- Obtain a brand-new chauffeur’s license or official ID
- Use your identity when questioned by cops
It’s important to understand that identity theft can take place to anyone at any time. Your identity is built on numerous layers that include more than simply your social security number. What we call your “identity” is the total collection of your personally recognizable information. When they gain access to this details, they have the ability to, in essence, become you.
Common Ways Personal Information Is Stolen Online
For beginners, keep an eye out for “shoulder surfing”. This happens when burglars peek over your shoulder as you type sensitive information into a computer, phone or ATM. Or they might listen as you telephone and offer your account information.
Next is what we call “dumpster diving”. This is when a burglar sifts through your garbage can. Discarded checks and credit cards are simply 2 sources of extremely valuable personal details.
Be tired of public Wi-Fi. Public Wi-Fi generally does not secure information, so anybody with the Wi-Fi password and some know-how can monitor what you see and send out. The hacker might dedicate identity theft if he/she obstructs your details.
Ensure a site is encrypted prior to you utilize it for any financial deals. Typically, you’ll see a photo of a lock in the URL field, and the URL will contain “https,” meaning it’s secure.
Lastly, watch out for identity burglars who contact you from a telephone number or e-mail address tailored to look familiar and reliable. This technique is called “phishing”, and the objective is to get individual info from you.
How Can I Stop Identity Theft From Happening?
Identity theft is really something scary and something you can’t be particular you’ll avoid– no matter how careful you are. In fact, none of us are safe from it without the appropriate assistance.
That’s where IdentityIQ can be found in– our # 1 most suggested credit monitoring & identity theft protection service.
If you’re stressed over identity theft taking place to you or a loved one (or it already has), we HIGHLY recommend you have a look at IdentityIQ. Their services are tailor-made to your exact requirements, and their defense is industry-leading. Simply a few of the services they provide consists of:
- Identity Theft Insurance (Up To $1 Million)
- Bitdefender Total Security for Safe Browsing
- Bitdefender Total Security Anti-Virus
- Credit Reports, Monitoring, & Scores from All 3 Major Bureaus
- Credit Monitoring in Real-Time
- Secure Identity Protection
- Dark Web & Internet Monitoring for Personal Information Leaks
- Total Family Protection
- 7 Day Trial to Test Out The Service Risk-Free
As you can see, the list of what they offer is substantial. From the identity theft insurance to repay you for lost incomes, legal costs, or stolen funds to the advanced credit monitoring to the consistent scanning of any leaked individual details, they’ve truly got your back.
Everything we’ve personally seen & experienced in our accounts from them, the services they provide are nothing but first-rate. In between the readily available functions and comfort you experience with them, we can with confidence way it’s worth the little monthly charge.
IdentityIQ is something everyone needs. Click here & sign up for a 7 day trial to test out the service for yourself. It’s only $1 and we’re positive you’ll be blown away by what they have to offer!