Identity theft is something that’s become rampant in modern times. We’ve all heard the term, and chances are you and I both understand someone who was personally effected by it– which’s if we’re not/haven’t been effected by it personally.
In fact, did you understand it’s such a huge issue 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 data breaches? How about that cybercriminals are stealing more than $1.5 trillion globally each year?
Whether you’re stressed over yourself, your moms and dads, or even your young kids- nobody is safe from this happening to them. In fact, due to their social security number and clear credit, kids have a huge threat of identity theft!
It appears no matter which method you turn these wrongdoers are stealing our individual data for their own gain. What are the types of identity theft to search for? How do they even get our information? What can you do to safeguard yourself and your enjoyed 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 somebody else’s individual identifiable info with the intent to devote scams or gain financial advantages in their name. If your identity or the identity of your child has been stolen, identity thieves may open brand-new charge account, file fake tax returns, buy or lease residential or commercial property, or secure loans that damage your financial health and credit history.
Identity theft is a serious criminal offense 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.
Thankfully, you can take steps to assist prevent having your identity taken. But initially you’ll need to know how identity theft occurs, 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 few types of identity theft to be on the lookout for. The four primary types include:
- Criminal Identity Theft— When someone devotes a crime and offers the authorities false identifying details
- Medical Identity Theft— When a thief takes 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
- Child Identity Theft— When a thief opens accounts utilizing a child’s Social Security number
Usually, cybercriminals are looking for the following littles info 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
- 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 factors. For an identity thief, opening charge card in your name, making fraudulent purchases, or utilizing your personal details when being questioned by the cops are just a part of a long list of what they have the ability to do with your taken identity. Some of the most typical things they do includes:
- Open brand-new charge card in your name
- Make fraudulent purchases
- Log in to personal accounts ( e-mail, social networks, bank, and so on.)
- Open brand-new phone and energy accounts in your name
- Clone your ATM or debit card
- Modification your billing address
- Acquire a brand-new chauffeur’s license or official ID
- Use your identity when questioned by police
It’s important to understand that identity theft can occur 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 overall collection of your personally identifiable information. When they access to this info, they have the capability to, in essence, become you.
Common Ways Personal Information Is Stolen Online
For beginners, watch out for “shoulder surfing”. This happens when burglars peek over your shoulder as you type sensitive details into a computer, phone or ATM. Or they may listen as you make a call and provide 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 2 sources of incredibly important individual info.
Be weary of public Wi-Fi. Public Wi-Fi typically does not secure information, so anybody with the Wi-Fi password and some know-how can monitor what you see and send out. The hacker could devote identity theft if he/she obstructs your info.
Make sure a website is secured prior to you utilize it for any monetary deals. Normally, you’ll see a picture of a lock in the URL field, and the URL will include “https,” indicating it’s protected.
View out for identity burglars who contact you from a phone number or email address tailored to look familiar and credible. This technique 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 genuinely something scary and something you can’t be specific you’ll prevent– no matter how careful you are. none of us are safe from it without the correct help.
That’s where IdentityIQ is available in– our # 1 most recommended credit monitoring & identity theft security service.
If you’re stressed over identity theft occurring to you or a enjoyed one (or it currently has), we HIGHLY suggest you check out IdentityIQ. Their services are tailor-made to your precise requirements, and their security is industry-leading. Simply a few of the services they offer 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
- Complete Family Protection
- 7 Day Trial to Test Out The Service Risk-Free
As you can see, the list of what they use is substantial. From the identity theft insurance to compensate you for lost salaries, legal charges, or taken funds to the innovative credit monitoring to the consistent scanning of any leaked personal 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 first-rate. Between the offered features and assurance you experience with them, we can with confidence way it’s worth the small regular 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!