List Of Precautions For Identity Theft  

Identity theft is an act of stealing someone’s personal information to get access to his personal assets or bank account. Most often identity theft is committed without victim’s cognition. Identity theft cost huge financial loss and emotional stress and can damage your personal reputation or business reputation.

Here are some precautions you can take to prevent identity theft:

  • Never give your social security number, credit card number or bank account number unless it is absolutely necessary. Do not trust anyone over the phone never give your social security number to anybody on phone. Social security number is very important as it reveals your identity.
  • Do not carry your social security card or bank account number or credit card in wallet or purse. Do not keep your sensitive information in your car or on office table.
  • Be vigilant while entering passwords or bank account number while doing online financial transaction. Monitor all your accounts online. Check your account periodically. While making online purchases, purchase items from trusted websites only.
  • Shred, financial or confidential information such as social security cards, credit cards and bank statements before discarding them. Get a paper shredder so that no one can piece together important information on social security card or credit card.
  • Check your credit card report periodically to see any purchases that you are sure do not belong to you. By law you can obtain a free copy of credit card report from all of the three major credit bureaus once in a year. If you think that your credit card has been misused, immediately report the matter to credit report agency and freeze your credit card.

If you have become a victim of identity thefts immediately report the matter to Federal Trade Commission and freeze all your bank accounts and credit cards so that no one can apply for loan under your name.

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List Of Precautions For Identity Theft

Statistics-On-Online-Identity-Theft      Recent Internet identity theft statistics reveal that identity theft is fastest growing white collar crime in the United States. It has been reported by the Federal Trade Commission that one in six Americans becomes victim of online identity theft every year. More..




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