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 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 big 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 stealing more than $1.5 trillion globally each year?
Whether you’re worried about yourself, your parents, and even your children- nobody is safe from this occurring to them. In fact, due to their social security number and clear credit, children have a big threat of identity theft!
It appears no matter which way you turn these criminals are stealing our personal data for their own gain. What are the types of identity theft to search for? How do they even get our data? What can you do to safeguard yourself and your loved 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 another person’s individual identifiable info with the intent to dedicate scams or gain financial benefits in their name. If your identity or the identity of your child has actually been taken, identity thieves might open new charge account, file phony tax returns, purchase or rent property, or secure loans that damage your financial health and credit history.
Identity theft is a severe crime in the United States. In fact, based upon an online study of 5,020 US adults performed by The Harris Poll on behalf of NortonLifeLock, over 12.6 billion dollars were stolen from innocent victims of identity theft in 2019.
Luckily, you can take actions to assist avoid having your identity taken. However initially you’ll need to understand how identity theft occurs, how to spot it, and the kinds of theft that are common.
What Are The Types Of Identity Theft?
Most people don’t realize that there’s a couple of kinds of identity theft to be on the lookout for. The 4 primary types include:
- Criminal Identity Theft— When somebody devotes a crime and provides the authorities false recognizing info
- Medical Identity Theft— When a burglar takes a health insurance card and gets healthcare or prescription drugs
- Tax Identity Theft— When a criminal files a tax return in your name and snatches your refund
- Child Identity Theft— When a burglar opens accounts using a child’s Social Security number
Generally, cybercriminals are searching for the following bits of information about you when they’re trying to take your identity:
- Social Security Number
- Complete name
- Date of Birth
- Credit Card or Bank Account Numbers
- Vehicle Insurance or Medical Insurance Account Numbers
- Information 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 thinking, “Why would someone desire my identity?”– there’s actually a great deal of reasons. For an identity thief, opening credit cards in your name, making deceptive purchases, or using your individual info when being questioned by the police are simply a part of a long list of what they are able to finish with your taken identity. Some of the most typical things they do consists of:
- Open new credit cards in your name
- Make deceptive purchases
- Log in to personal accounts (email, social media, bank, etc.)
- Open brand-new phone and utility accounts in your name
- Clone your ATM or debit card
- Change your billing address
- Acquire a brand-new driver’s license or official ID
- Use your identity when questioned by police
It’s crucial to comprehend that identity theft can take place to anybody at any time. Your identity is built on numerous layers that consist of more than just your social security number. What we call your “identity” is the total collection of your personally recognizable information. When they gain access to this info, they have the capability to, in essence, become you.
Common Ways Personal Information Is Stolen Online
For starters, watch out for “shoulder surfing”. This takes place when thieves peek over your shoulder as you type sensitive info into a computer system, phone or ATM. Or they may listen as you telephone and offer your account information.
Next is what we call “dumpster diving”. This is when a thief sifts through your trash bin. Discarded checks and credit cards are simply two sources of extremely valuable individual info.
Be weary of public Wi-Fi. Public Wi-Fi normally 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 devote identity theft if he/she intercepts your info.
Make certain a website is encrypted prior to you use it for any monetary deals. Normally, you’ll see a image of a lock in the URL field, and the URL will include “https,” indicating it’s safe and secure.
Finally, watch out for identity burglars who call you from a contact number or email address tailored to look familiar and credible. This approach is referred to as “phishing”, and the goal is to get personal info from you.
How Can I Stop Identity Theft From Happening?
Identity theft is genuinely something scary and something you can’t be certain you’ll avoid– no matter how careful you are. In fact, none of us are safe from it without the correct support.
That’s where IdentityIQ can be found in– our # 1 most advised credit monitoring & identity theft defense service.
If you’re worried about identity theft happening to you or a liked one (or it currently has), we HIGHLY suggest you have a look at IdentityIQ. Their services are tailor-made to your exact 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
- Protect Identity Protection
- Dark Web & Internet Monitoring for Personal Information Leaks
- Total Family Protection
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As you can see, the list of what they provide is substantial. From the identity theft insurance to compensate you for lost earnings, legal costs, or taken funds to the advanced credit monitoring to the continuous 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 offered features and assurance you experience with them, we can confidently way it’s worth the small monthly cost.
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!