Identity Theft: How to Protect Yourself

Identity theft encompasses a wide range ofpatrol neighborhoods, stealingmail out of mailboxes.
deception, from astolen credit card used toA little acid wash, and voila!, they changethe
charge purchases to an existing account,to stolenamount and the person being paid. Don't give
information used to impersonate the victim, openthem thechance! If you're going out of town,
newaccounts (even ones for utilities), and rack uphave the post office put a holdon your mail.
thousands of dollarsin debt.Consider getting a post office box or ask your
With over 500,000 new cases each year (andpostoffice about getting a key-operated
some say upwardsof 900,000), identity theft iscommunity mailbox for yourneighborhood.
one of the fasting growing crimes in7. Technology doesn't beat everything.
America. In many states it isn't even illegal, orDon't give out personal information over cellular
hardly punishable ifit is. Often the perpetratormobile/wirelessphones, or cordless phones. (This
goes uncaught and unpunished. Worsestill is that itincludes telephone banking.)
takes on average 12 months for the victim toTheir radio frequencies can be easily intercepted,
realizehe is a victim and by then it may nearlyoverheard, andhacked.
impossible to climb backout of the black hole ofSurfing the internet puts you at risk from hackers
damaged credit, costing hundreds of hoursandbreaking intoyour system; consider purchasing a
hundreds of dollars to try to fix it."firewall" program to protectyour computer from
Sadly, since much of this goes unpunished,outside access. When divulging personalinformation
companies often writeoff the bad debt and thenon the internet (for example, when making a
charge you and me higher interest ratesand feespurchase)always look for privacy policies and the
to cover their losses. So we all are indirect victimslittle "lock" symbol thatindicates your information is
ofidentity theft. The more vigilant we become,secure.
the better off we willall be.Don't use your email address for user IDs on
What can you do to protect yourself fromwebsites; there are
becoming a victim ofidentity theft? There is no"robots" that specifically search for this on sites
absolute guarantee, but the moreprecautions youlike eBay to tryand trick you into divulging your
put in place, the harder it will be for someonepersonal information. You mayreceive an
tosteal your information and use it illegally. Whatofficial-looking email asking you to "verify" or
follow below aresome ideas that you can use to"update"your information. Remember that anyone
start protecting yourself now.who already has yourinformation will not ask you
1. Check your credit reports annually.to verify it. Always be suspicious ofsuch tactics.
This is your first and foremost line of defense.The same goes for people who call you and claim
Contact the threemajor credit reporting agenciestobe somebody like a bill collector, government
( every year to obtain acopy of your creditagent, utility worker,etc. If in doubt, call the
report. Some websites also offer a 3-in-1report.company they appear to be representing.
Go through them carefully, looking for anyIf you use a laptop computer use a strong
inaccuracies.password (combinationof upper/lower-case
Report any problems immediately. Consider askingletters, numbers, symbols); don't useautomatic
them to requireyour permission to issue newlogin; always log off when finished; and don't
credit lines.storefinancial information on it unless absolutely
2. Protect your Social Security number.necessary.
Many companies ask for your Social SecurityWhen disposing of your personal computer,
number (SSN) to usefor recordkeeping. Ask ifdeleting your personalinformation usually isn't
you can substitute a different number.enough. Use a "wipe" utility program torender files
This is especially true of driver's licenses andunrecoverable.
health insurancecards. Never give out your SSN to8. Be aware of the opportunities to steal your
anyone over the phone orinternet if you did notinformation.
initiate the contact. Don't carry your SocialThink of all the places that store your personal
Security card with you and don't have your SSNinformation, such asthe offices of doctors,
preprinted on yourchecks (or your phone numberdentists, accountants, loan officers,
either).healthinsurance, schools, courts, etc. Ask them
3. Protect passwords and PINs.how they protect yourinformation. Request that
Always protect your passwords and PINs fromthey shred anything with personalinformation on it
being seen byothers, especially at ATMs. Don'twhen disposing of it.
write them down and carry themwith you. Do notKeep your wallet or purse in a safe place at
store passwords on your computer's hard drive.work; not all of yourfellow coworkers are
Ifyou need to write them down, store themtrustworthy. Be aware of the "Good
somewhere else.Samaritan" scheme where your missing wallet is
Passwords should be hard to discover (badreturned (afterone of your several credit cards is
choices: mother'smaiden name, birthdates, last 4removed; you have so manythat you probably
digits of SSN or phone number, ora series ofwon't notice!). Only carry a minimum number
consecutive numbers). When possible use a mixofcards and identification with you.
ofupper- and lower-case letters, numbers, and9. If desired, subscribe to a credit monitoring
symbols.service.
4. Know your billing cycles.If you're really worried about identity theft,
Know when to expect your bills. If any of them isconsider subscribing toa credit monitoring service.
late, call thecompany or agency and check on itsThey will regularly notify you of yourcredit status
status. A late/missing billcould mean that someoneand anything suspicious that might be going on.
has stolen your information andchanged the billing10. Make a list and check it twice.
address, leaving you unaware of the chargesthatMake list of all your credit card numbers, banking
may be racking up.account numbers,and driver's license number with
5. Shred everything with your information on it.their customer service numbersand keep them in
All those credit card applications you receive ina safe place. That way you'll have a startingplace
the mail and throwaway are an open invitation forif something should happen to you.
someone to open an account inyour name. InvestRemember, the more vigilant we all are, the more
in a good cross-cut shredder and shredprotected we allare.
alldocuments with any financial information onFor more information regarding identity theft ,
them, including creditcard receipts. Then put thesee the federalgovernment's website at
remnants in the yuckiest, ickiest trashyou've gotChemain Evans is a quality control specialist for
to discourage dumpster-divers from stealing themSimple Joe, Inc. Income & Expenses PC software
andputting them back together.is a Simple Joe product that is a quick and simple
6. Make the post office your ally.way to keep track of your expenses and stay
Deposit outgoing mail at your local post office orwithin your budget.
in a locked postoffice drop box. Thieves actually