Identity theft is something that’s become rampant in modern-day times. We’ve all heard the term, and chances are you and I both know somebody who was personally effected by it– and that’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 know 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 taking more than $1.5 trillion internationally each year?
Whether you’re worried about yourself, your moms and dads, or perhaps 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 way you turn these criminals 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 information? What can you do to secure yourself and your liked ones? Let us describe the in’s and out’s of identity theft.
What Is Identity Theft? Am I At Risk?
Identity theft is the unlawful use of someone else’s individual recognizable info with the intent to commit scams or gain financial benefits in their name. If your identity or the identity of your child has actually been taken, identity burglars may open brand-new credit accounts, file phony income tax return, purchase or lease residential or commercial property, or secure loans that damage your financial health and credit report.
Identity theft is a major crime in the United States. In fact, based upon an online study of 5,020 United States 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.
Luckily, you can take actions to assist prevent having your identity stolen. But first you’ll require to understand how identity theft takes place, how to find it, and the types of theft that are common.
What Are The Types Of Identity Theft?
Most people don’t understand that there’s a few types of identity theft to be on the lookout for. The 4 main types consist of:
- Criminal Identity Theft— When somebody devotes a crime and offers the authorities incorrect determining info
- Medical Identity Theft— When a burglar steals a health insurance card and gets treatment or prescription drugs
- Tax Identity Theft— When a criminal files a tax return in your name and captures your refund
- Kid Identity Theft— When a burglar opens accounts using a child’s Social Security number
Normally, cybercriminals are looking for the following bits of details about you when they’re attempting to take your identity:
- Social Security Number
- Full name
- Date of Birth
- Charge 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, and so on)
What Can Happen If My Personal Information Is Stolen?
If you’re thinking, “Why would somebody desire my identity?”– there’s in fact a lot of factors. For an identity burglar, opening credit cards in your name, making fraudulent purchases, or utilizing your personal details when being questioned by the cops are simply a part of a long list of what they have the ability to do with your taken identity. Some of the most common things they do includes:
- Open new credit cards in your name
- Make deceptive purchases
- Log in to personal accounts ( e-mail, social media, bank, etc.)
- Open brand-new phone and energy accounts in your name
- Clone your ATM or debit card
- Modification your billing address
- Acquire a brand-new motorist’s license or official ID
- Utilize your identity when questioned by police
It’s essential to comprehend that identity theft can occur to anybody at any time. Your identity is built on several layers that consist of more than simply your social security number. What we call your “identity” is the total collection of your personally recognizable details. When they gain access to this information, they have the capability to, in essence, become you.
Common Ways Personal Information Is Stolen Online
For beginners, look out for “shoulder browsing”. This takes place when burglars peek over your shoulder as you type delicate information into a computer, phone or ATM. Or they may listen as you make a call and provide your account information.
Next is what we call “dumpster diving”. This is when a thief sifts through your trash bin. Disposed of checks and credit cards are just 2 sources of extremely important personal info.
Be weary of public Wi-Fi. Public Wi-Fi usually doesn’t secure data, so anyone with the Wi-Fi password and some know-how can monitor what you see and send out. The hacker might commit identity theft if he/she obstructs your details.
Make certain a site is encrypted before you use it for any financial transactions. Usually, you’ll see a photo of a lock in the URL field, and the URL will include “https,” suggesting it’s safe.
Lastly, keep an eye out for identity burglars who call you from a telephone number or email address customized to look familiar and trustworthy. This approach is referred to as “phishing”, and the goal is to get individual info from you.
How Can I Stop Identity Theft From Happening?
Identity theft is really something frightening and something you can’t be certain you’ll prevent– no matter how careful you are. none of us are safe from it without the proper help.
That’s where IdentityIQ comes in– our # 1 most recommended credit monitoring & identity theft defense service.
If you’re worried about identity theft happening to you or a loved one (or it already has), we HIGHLY advise you have a look at IdentityIQ. Their services are tailor-made to your precise requirements, and their security 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
- Protect 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 use is huge. From the identity theft insurance to compensate you for lost earnings, legal charges, or taken funds to the advanced credit monitoring to the continuous scanning of any leaked personal info, they’ve genuinely got your back.
Whatever we’ve personally seen & experienced in our accounts from them, the services they provide are nothing but world-class. Between the offered features and comfort you experience with them, we can with confidence way it’s worth the small 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!