Identity theft is something that’s become widespread in modern-day times. We’ve all heard the term, and opportunities 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 huge 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 parents, and even your kids- nobody is safe from this happening 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 method you turn these crooks are stealing our individual data for their own gain. What are the kinds of identity theft to look for? How do they even get our information? What can you do to protect 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 unlawful use of somebody else’s individual identifiable details with the intent to commit scams or gain monetary benefits in their name. If your identity or the identity of your child has been taken, identity burglars may open brand-new charge account, file fake tax returns, buy or rent home, or get loans that damage your financial health and credit score.
Identity theft is a serious crime in the United States. In fact, based on 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.
Fortunately, you can take steps to assist prevent having your identity taken. But first you’ll need to understand how identity theft occurs, how to spot it, and the kinds of theft that prevail.
What Are The Types Of Identity Theft?
Most individuals don’t recognize that there’s a couple of types of identity theft to be on the lookout for. The 4 main types include:
- Criminal Identity Theft— When somebody devotes a criminal activity and provides the cops incorrect determining info
- Medical Identity Theft— When a burglar takes a health insurance card and gets medical care or prescription drugs
- Tax Identity Theft— When a criminal files a income tax return in your name and nabs your refund
- Child Identity Theft— When a burglar opens accounts utilizing a child’s Social Security number
Usually, cybercriminals are searching for the following bits of info about you when they’re attempting to steal 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
- 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 really a great deal of reasons. For an identity thief, opening credit cards in your name, making deceptive purchases, or using your personal information when being questioned by the police are just 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 brand-new phone and energy accounts in your name
- Clone your ATM or debit card
- Modification your billing address
- Obtain a new driver’s license or main ID
- Utilize your identity when questioned by cops
It’s crucial to comprehend that identity theft can take place to anyone at any time. Your identity is built on multiple layers that consist of more than simply your social security number. What we call your “identity” is the total collection of your personally identifiable details. When they access to this information, 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 delicate information into a computer system, phone or ATM. Or they may listen as you phone and offer your account information.
Next is what we call “dumpster diving”. This is when a burglar sorts through your trash bin. Discarded checks and charge card are just two sources of incredibly important individual info.
Be weary of public Wi-Fi. Public Wi-Fi typically doesn’t encrypt data, so anyone with the Wi-Fi password and some know-how can monitor what you see and send. The hacker could commit identity theft if he/she obstructs your info.
Make certain a website is secured before you utilize it for any financial transactions. Usually, you’ll see a photo of a lock in the URL field, and the URL will contain “https,” meaning it’s safe.
See out for identity burglars who call you from a phone number or email address customized to look familiar and credible. This method is called “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 cautious you are. In fact, none people are safe from it without the appropriate help.
That’s where IdentityIQ is available in– our # 1 most advised credit monitoring & identity theft protection service.
If you’re fretted about identity theft occurring to you or a enjoyed one (or it already has), we HIGHLY suggest you check out IdentityIQ. Their services are custom-made to your exact needs, and their protection is industry-leading. Simply 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 provide is substantial. From the identity theft insurance coverage to repay you for lost salaries, legal charges, or taken funds to the sophisticated credit monitoring to the consistent scanning of any leaked personal info, they’ve really got your back.
Whatever we’ve personally seen & experienced in our accounts from them, the services they offer are nothing but first-rate. In between the offered functions and assurance 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!