Preventing Identity Theft

What is Identity Theft? It is the theft of yourabsolutely necessary, and ask to use other types
personal information, such as social securityof identifiers. If your state uses your Social
number, driver's license number, credit card andSecurity number as your driver's license number,
bank account numbers, mother's maiden name,ask to substitute another number. Do the same if
and more, with the intent to obtain credit andyour health insurance company uses your Social
credit cards from banks and retailers, stealSecurity number as your policy number.
money from the victim's existing accounts, applyAt Work;
for loans, establish accounts with utility companies,- Ask about information security procedures in
rent an apartment, file bankruptcy or obtain a jobyour workplace or at businesses, doctor's offices
using the victim's name.or other institutions that collect your personally
Did you know that in some states Identity Theftidentifying information. Find out who has access to
is not even against the law? The victim has toyour personal information and verify that it is
prove their innocence. This shocks most Identityhandled securely. Ask about the disposal
Theft Victims, as it should. It shocks me. Lawprocedures for those records as well. Find out if
Enforcement and Credit Card Services should beyour information will be shared with anyone else.
there to help, but in many cases they don't.If so, ask how your information can be kept
Being prepared, just in case someone steals yourconfidential. Keep your purse or wallet in a safe
identity is a must. It may be inconvenient, butplace at work; do the same with copies of
unless you want to go out and try to use youradministrative forms that have your sensitive
credit card one day, just to find that someonepersonal information.
else has been using your identity to makeOnline;
purchases and your card is no longer accepted,- If you do financial transactions over the
then you need to take steps to prevent yourInternet, read their privacy and or security
identity from being stolen. It can take years tostatements. You want to know who they share
clear this up if it happens to you, so a littleyour personal information with. You want to know
prevention now is the answer.they use a "secure server" for transactions. You
Facts about Identity Theft;want to know how they store your personal
- It is considered by law enforcement to be aninformation. If you don't like what you hear, don't
absolute epidemic, the fastest growing crime indo your business at that website. There are
the United States at this time.always alternatives.
- For the criminal, identity theft is a relatively- Use PayPal. You can transfer a limited number
low-risk, high-reward endeavor. Credit card issuersof funds into your paypal account and use it to
often don't prosecute thieves who arebuy merchandise online instead of your credit
apprehended. Why? The firms figure it's not costcard.
efficient. They can afford to write off a certain- Don't give out personal information on the
amount of fraud as a cost of doing business.phone, through the mail, or on the Internet unless
- Recently criminals have been using the victim'syou've initiated the contact or are sure you know
identity to commit crimes ranging form trafficwho you're dealing with.
infractions to felonies. How would you like to find- Before you share any personal information,
out you are wanted for a crime you knowconfirm that you are dealing with a legitimate
nothing about? It has happened.organization. Check an organization's website by
- All that is needed is your social security number,typing its URL in the address line, rather than
your birth date and other identifying informationcutting and pasting it. Be cautious when responding
such as your address and phone number andto promotions. Identity thieves may create phony
whatever else they can find out about you. Withpromotional offers to get you to give them your
this information, and a false driver's license withpersonal information.
their own picture, they can begin the crime.Going Out;
- If you wait until it happens to you, it's a- Carry only the identification information and the
nightmare. You won't know until you are deniedcredit and debit cards that you'll actually need
credit or a creditor contacts you about a chargewhen you go out. Don't carry your social security
you know nothing about.card with you unless you expect to need 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, employ outside help, orproducts that claim to give you protection against
are having work done in your home, make surethe costs associated with resolving an identity
your personal information is not readily available totheft case. Be aware that most creditors will only
them.deal with you to resolve problems, so the
- Deposit your outgoing mail in post officeinsurance company in most cases will not be able
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, copies ofyour personal information, anyone, including
credit applications, insurance forms, physicianfriends, acquaintances, companies, stores,
statements, checks and bank statements, expiredwebsites, or anyone else, ask questions. Find out
charge cards that you're discarding, and creditwhy they need this information, what they are
offers you get in the mail. To opt out of receivinggoing to do with it, how long do they keep it
offers of credit in the mail, call: 1-888-5-OPTOUTstored, who they share it with, and how can you
(1-888-567-8688).be sure it is going to be kept secure.
- Give your Social Security number only when