Identity theft is something that’s become rampant in contemporary times. We’ve all heard the term, and possibilities are you and I both know someone who was personally effected by it– and that’s if we’re not/haven’t been effected by it personally.
In fact, did you understand it’s such a big problem that 1 in 4 Americans have reported being victims of identity theft? Did you understand it’s such a big 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 stealing more than $1.5 trillion internationally each year?
Whether you’re fretted about yourself, your parents, and even your young kids-no one is safe from this happening to them. In fact, due to their social security number and clear credit, kids have a huge danger of identity theft!
It seems no matter which method you turn these crooks are stealing our individual information for their own gain. What are the types of identity theft to look for? How do they even get our data? What can you do to secure 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 another person’s individual recognizable details with the intent to devote fraud or gain financial benefits in their name. If your identity or the identity of your child has actually been stolen, identity thieves may open new credit accounts, file fake tax returns, buy or lease property, or secure loans that ruin your monetary health and credit report.
Identity theft is a serious criminal offense in the United States. In fact, based upon an online study 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.
Fortunately, you can take steps to help avoid having your identity stolen. But initially you’ll require to know how identity theft happens, how to spot it, and the types of theft that prevail.
What Are The Types Of Identity Theft?
Most people don’t recognize that there’s a couple of types of identity theft to be on the lookout for. The four primary types include:
- Criminal Identity Theft— When someone commits a criminal offense and gives the police incorrect identifying information
- Medical Identity Theft— When a burglar steals a medical insurance card and gets medical care 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 utilizing a kid’s Social Security number
Normally, cybercriminals are looking for the following bits of details about you when they’re trying to steal your identity:
- Social Security Number
- Complete 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, and so on)
What Can Happen If My Personal Information Is Stolen?
If you’re thinking, “Why would someone desire my identity?”– there’s in fact a great deal of factors. For an identity burglar, opening charge card in your name, making deceptive purchases, or utilizing your individual info when being questioned by the authorities are just a part of a long list of what they have the ability to finish with your stolen identity. Some of the most common things they do consists of:
- Open new charge card in your name
- Make deceptive purchases
- Log in to personal accounts ( e-mail, social media, bank, and so on.)
- Open new phone and energy accounts in your name
- Clone your ATM or debit card
- Modification your billing address
- Acquire a new driver’s license or official ID
- Utilize your identity when questioned by police
It’s crucial to comprehend that identity theft can occur to anyone at any time. Your identity is built on several layers that include more than just your social security number. What we call your “identity” is the total collection of your personally recognizable details. When they access to this details, they have the capability to, in essence, become you.
Common Ways Personal Information Is Stolen Online
For starters, look out for “shoulder browsing”. This occurs when thieves peek over your shoulder as you type sensitive information into a computer system, phone or ATM. Or they may listen as you phone and offer your account info.
Next is what we call “dumpster diving”. This is when a thief sorts through your trash bin. Disposed of checks and charge card are just two sources of exceptionally important individual details.
Be weary of public Wi-Fi. Public Wi-Fi generally doesn’t secure information, so anyone with the Wi-Fi password and some knowledge can monitor what you see and send out. The hacker could dedicate identity theft if he/she obstructs your details.
Ensure a website is encrypted before you utilize it for any financial deals. Generally, you’ll see a image of a lock in the URL field, and the URL will consist of “https,” meaning it’s safe.
Finally, look out for identity burglars who call you from a telephone number or e-mail address tailored to look familiar and credible. This technique is known as “phishing”, and the objective is to get individual details 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 prevent– no matter how mindful you are. In fact, none people are safe from it without the correct help.
That’s where IdentityIQ comes in– our # 1 most suggested credit monitoring & identity theft protection service.
If you’re worried about identity theft occurring to you or a enjoyed one (or it currently has), we HIGHLY suggest you check out IdentityIQ. Their services are custom-made to your specific requirements, and their protection 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
- Complete Family Protection
- 7 Day Trial to Test Out The Service Risk-Free
As you can see, the list of what they provide is big. From the identity theft insurance coverage to reimburse you for lost incomes, legal fees, or taken funds to the sophisticated credit monitoring to the continuous scanning of any dripped individual details, they’ve genuinely got your back.
Everything we’ve personally seen & experienced in our accounts from them, the services they offer are nothing but world-class. Between the offered functions and assurance you experience with them, we can confidently way it’s worth the little month-to-month 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!