Preventing Identity Theft

What is Identity Theft? It is the theft of your Give your Social Security number only
personal information, such as social securitywhen absolutely necessary, and ask to use other
number, driver's license number, credit card andtypes of identifiers. If your state uses your Social
bank account numbers, mother's maiden name,Security number as your driver's license number,
and more, with the intent to obtain credit andask to substitute another number. Do the same if
credit cards from banks and retailers, stealyour health insurance company uses your Social
money from the victim's existing accounts, applySecurity number as your policy number.
for loans, establish accounts with utility companies,At Work;
rent an apartment, file bankruptcy or obtain a job Ask about information security
using the victim's name.procedures in your workplace or at businesses,
Did you know that in some states Identity Theftdoctor's offices or other institutions that collect
is not even against the law? The victim has toyour personally identifying information. Find out
prove their innocence. This shocks most Identitywho has access to your personal information and
Theft Victims, as it should. It shocks me. Lawverify that it is handled securely. Ask about the
Enforcement and Credit Card Services should bedisposal procedures for those records as well. Find
there to help, but in many cases they don't.out if your information will be shared with anyone
Being prepared, just in case someone steals yourelse. If so, ask how your information can be kept
identity is a must. It may be inconvenient, butconfidential. Keep your purse or wallet in a safe
unless you want to go out and try to use yourplace at work; do the same with copies of
credit card one day, just to find that someoneadministrative forms that have your sensitive
else has been using your identity to makepersonal information.
purchases and your card is no longer accepted,Online;
then you need to take steps to prevent your If you do financial transactions over the
identity from being stolen. It can take years toInternet, read their privacy and or security
clear this up if it happens to you, so a littlestatements. You want to know who they share
prevention now is the answer.your personal information with. You want to know
Facts about Identity Theft;they use a "secure server" for transactions. You
 It is considered by law enforcement towant to know how they store your personal
be an absolute epidemic, the fastest growinginformation. If you don't like what you hear, don't
crime in the United States at this time.do your business at that website. There are
 For the criminal, identity theft is aalways alternatives.
relatively low-risk, high-reward endeavor. Credit Use PayPal. You can transfer a limited
card issuers often don't prosecute thieves whonumber of funds into your paypal account and
are apprehended. Why? The firms figure it's notuse it to buy merchandise online instead of your
cost efficient. They can afford to write off acredit card.
certain amount of fraud as a cost of doing Don't give out personal information on
business.the phone, through the mail, or on the Internet
 Recently criminals have been using theunless you've initiated the contact or are sure you
victim's identity to commit crimes ranging formknow who you're dealing with.
traffic infractions to felonies. How would you like Before you share any personal
to find out you are wanted for a crime you knowinformation, confirm that you are dealing with a
nothing about? It has happened.legitimate organization. Check an organization's
 All that is needed is your social securitywebsite by typing its URL in the address line,
number, your birth date and other identifyingrather than cutting and pasting it. Be cautious
information such as your address and phonewhen responding to promotions. Identity thieves
number and whatever else they can find outmay create phony promotional offers to get you
about you. With this information, and a falseto give them your personal information.
driver's license with their own picture, they canGoing Out;
begin the crime. Carry only the identification information
 If you wait until it happens to you, it's aand the credit and debit cards that you'll actually
nightmare. You won't know until you are deniedneed when you go out. Don't carry your social
credit or a creditor contacts you about a chargesecurity card with you unless you expect to need
you know nothing about.it.
How do I prevent Identity Theft?Should I buy identity theft insurance?
At Home;Some companies offer insurance or similar
 If you have roommates, employproducts that claim to give you protection against
outside help, or are having work done in yourthe costs associated with resolving an identity
home, make sure your personal information is nottheft case. Be aware that most creditors will only
readily available to them.deal with you to resolve problems, so the
 Deposit your outgoing mail in postinsurance company in most cases will not be able
office collection boxes or at your local post office,to reduce that burden. As with any product or
rather than in an unsecured mailbox. Promptlyservice, make sure you understand what you're
remove mail from your mailbox. If you're planninggetting before you buy. If you decide to buy an
to be away from home and can't pick up youridentity theft insurance product, check out the
mail, call the U.S. Postal Service at 1-800-275-8777company with your local Better Business Bureau,
to request a vacation hold. The Postal Service willconsumer protection agency and state Attorney
hold your mail at your local post office until youGeneral to see if they have any complaints on file.
can pick it up or are home to receive it.Conclusion: Be smart. If someone is asking for
 Tear or shred your charge receipts,your personal information, anyone, including
copies of credit applications, insurance forms,friends, acquaintances, companies, stores,
physician statements, checks and bankwebsites, or anyone else, ask questions. Find out
statements, expired charge cards that you'rewhy they need this information, what they are
discarding, and credit offers you get in the mail.going to do with it, how long do they keep it
To opt out of receiving offers of credit in thestored, who they share it with, and how can you
mail, call: 1-888-5-OPTOUT (1-888-567-8688).be sure it is going to be kept secure.