Identity theft is something that’s ended up being widespread in modern times. We’ve all heard the term, and chances are you and I both know someone 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 issue 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 data breaches? How about that cybercriminals are taking more than $1.5 trillion globally each year?
Whether you’re worried about yourself, your moms and dads, or even your kids-no one is safe from this happening to them. In fact, due to their social security number and clear credit, kids have a huge risk of identity theft!
It appears no matter which way you turn these bad guys are stealing our personal data 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 illegal use of somebody else’s personal identifiable information with the intent to devote fraud or gain monetary advantages in their name. If your identity or the identity of your child has actually been taken, identity thieves may open new credit accounts, file fake income tax return, buy or rent residential or commercial property, or get loans that ruin your monetary 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 grownups carried out 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 actions to help prevent having your identity taken. However first you’ll require to know 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 understand that there’s a couple of types of identity theft to be on the lookout for. The 4 primary types consist of:
- Criminal Identity Theft— When someone dedicates a criminal offense and provides the cops incorrect determining info
- Medical Identity Theft— When a thief takes a medical 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
- Kid Identity Theft— When a burglar opens accounts utilizing a child’s Social Security number
Generally, cybercriminals are looking for the following bits of info about you when they’re trying to take your identity:
- Social Security Number
- Full name
- Date of Birth
- Charge Card or Bank Account Numbers
- Car 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 somebody want my identity?”– there’s actually a lot of reasons. For an identity burglar, opening charge card in your name, making fraudulent purchases, or using your individual information when being questioned by the cops are just a part of a long list of what they are able to do with your taken identity. Some of the most common things they do consists of:
- Open brand-new charge card in your name
- Make deceitful purchases
- Visit to personal accounts ( e-mail, social networks, bank, and so on.)
- Open brand-new phone and utility 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 authorities
It’s important to understand that identity theft can happen 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 info. When they gain access to this info, they have the ability to, in essence, become you.
Common Ways Personal Information Is Stolen Online
For starters, look out for “shoulder surfing”. This happens when thieves peek over your shoulder as you type delicate info into a computer, phone or ATM. Or they might listen as you phone and supply your account information.
Next is what we call “dumpster diving”. This is when a thief sifts through your garbage can. Disposed of checks and charge card are simply 2 sources of extremely important personal information.
Be tired of public Wi-Fi. Public Wi-Fi generally doesn’t encrypt information, so anybody with the Wi-Fi password and some know-how can monitor what you see and send out. The hacker could dedicate identity theft if he/she obstructs your information.
Ensure a site is secured before you use it for any financial deals. Usually, you’ll see a image of a lock in the URL field, and the URL will consist of “https,” suggesting it’s protected.
Watch out for identity burglars who call you from a phone number or email address tailored to look familiar and credible. This method is known as “phishing”, and the objective is to get personal information from you.
How Can I Stop Identity Theft From Happening?
Identity theft is genuinely something frightening and something you can’t be particular you’ll avoid– no matter how careful you are. In fact, none people are safe from it without the appropriate support.
That’s where IdentityIQ is available in– our # 1 most advised credit monitoring & identity theft defense service.
If you’re fretted about identity theft taking place to you or a loved one (or it currently has), we HIGHLY advise you take a look at IdentityIQ. Their services are tailor-made to your exact needs, and their protection is industry-leading. Just a few of the services they use 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
- 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 use is huge. From the identity theft insurance coverage to compensate you for lost incomes, legal charges, or stolen funds to the innovative credit monitoring to the constant scanning of any dripped personal details, they’ve genuinely 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 functions and assurance you experience with them, we can with confidence way it’s worth the little 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!