Identity theft is something that’s ended up being rampant in modern-day 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 problem 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 internationally each year?
Whether you’re fretted about yourself, your moms and dads, or even your young children- nobody is safe from this taking place to them. In fact, due to their social security number and clear credit, children have a big risk of identity theft!
It seems no matter which way you turn these criminals are stealing our personal data 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 liked ones? Let us discuss the in’s and out’s of identity theft.
What Is Identity Theft? Am I At Risk?
Identity theft is the illegal use of someone else’s personal identifiable details with the intent to devote fraud or gain monetary benefits in their name. If your identity or the identity of your kid has actually been taken, identity burglars may open new charge account, file phony tax returns, purchase or rent home, or secure loans that wreak havoc on your monetary health and credit report.
Identity theft is a serious crime in the United States. In fact, based on an online study of 5,020 US grownups performed 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 steps to assist prevent having your identity taken. However first you’ll need to know how identity theft happens, how to spot it, and the kinds of theft that are common.
What Are The Types Of Identity Theft?
Most individuals don’t recognize that there’s a few types of identity theft to be on the lookout for. The 4 primary types consist of:
- Criminal Identity Theft— When someone commits a criminal offense and gives the authorities false identifying information
- Medical Identity Theft— When a burglar takes a health insurance card and gets treatment or prescription drugs
- Tax Identity Theft— When a criminal files a tax return in your name and nabs your refund
- Child Identity Theft— When a burglar opens accounts utilizing a kid’s Social Security number
Normally, cybercriminals are looking for the following little bits of details about you when they’re attempting to take your identity:
- Social Security Number
- Full name
- Date of Birth
- Credit Card or Bank Account Numbers
- Cars And Truck Insurance or Medical Insurance Account Numbers
- Information 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 believing, “Why would somebody desire my identity?”– there’s actually a great deal of reasons. For an identity burglar, opening credit cards in your name, making fraudulent purchases, or using your personal information when being questioned by the authorities are simply a part of a long list of what they are able to finish with your stolen identity. A few of the most common things they do includes:
- Open brand-new credit cards in your name
- Make deceptive purchases
- Log in to personal accounts (email, social media, bank, etc.)
- Open new phone and energy accounts in your name
- Clone your ATM or debit card
- Modification your billing address
- Acquire a brand-new driver’s license or main ID
- Use your identity when questioned by authorities
It’s crucial to understand that identity theft can occur to anyone at any time. Your identity is built on numerous layers that include more than just your social security number. What we call your “identity” is the total collection of your personally recognizable info. When they access to this information, they have the ability to, in essence, become you.
Common Ways Personal Information Is Stolen Online
For beginners, look out for “shoulder surfing”. This takes place when burglars peek over your shoulder as you type sensitive information into a computer, phone or ATM. Or they might listen as you make a call and supply your account info.
Next is what we call “dumpster diving”. This is when a burglar sifts through your garbage can. Discarded checks and charge card are just 2 sources of extremely important personal information.
Be weary of public Wi-Fi. Public Wi-Fi normally doesn’t encrypt data, so anybody 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 intercepts your information.
Ensure a website is encrypted prior to you utilize it for any financial transactions. Generally, you’ll see a photo of a lock in the URL field, and the URL will consist of “https,” implying it’s secure.
Lastly, watch out for identity burglars who contact you from a contact number or e-mail address customized to look familiar and reliable. This method is called “phishing”, and the goal is to get individual details from you.
How Can I Stop Identity Theft From Happening?
Identity theft is genuinely something scary and something you can’t be particular you’ll prevent– no matter how cautious you are. none of us are safe from it without the correct help.
That’s where IdentityIQ is available in– our # 1 most suggested credit monitoring & identity theft security service.
If you’re worried about identity theft happening to you or a loved one (or it currently has), we HIGHLY recommend you check out IdentityIQ. Their services are tailor-made to your exact requirements, and their protection is industry-leading. Just a few of the services they provide includes:
- 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 big. From the identity theft insurance to repay you for lost salaries, legal fees, or stolen funds to the sophisticated credit monitoring to the continuous scanning of any leaked individual info, they’ve genuinely got your back.
Whatever we’ve personally seen & experienced in our accounts from them, the services they use are nothing but first-rate. Between the offered features and comfort you experience with them, we can with confidence way it’s worth the little monthly fee.
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!