What Do You Understand By The Term IDENTITY THEFT?
It is quite difficult to safeguard yourself from such attacks. However, you can reduce the risk by learning more about identity theft, its repercussions, and measures to shield yourself.
Distinct Types of Identity theft
- Data Breaches
- Unsecure Browsing
- Dark Web Marketplaces
- Malware Activity
- Credit Card Theft
- Mail Theft
- Phishing and Spam Attacks
- Wi-Fi Hacking
- Mobile Phone Theft
- Card Skimming
Adverse Effects of Identity Theft
- Fraudulent credit cards or debit cards might be issued on your name.
- Insurance claims might be taken on your behalf.
- Unauthorized purchases to be made from your bank account.
- Your personal data might be sold to others.
- Your tax return might be filed.
- They may steal all your money from your accounts.
- Threaten your family on behalf of your information.
Precautionary Measures to Prevent the Occurrence of theft
1. Secure your Social Security Number
2. Create a Powerful Password
3. Add authentication security
4. Enable the notifications
5. Keep an eye on your emails
6. Carefully throw your receipts and statements
7. Make the use of digital wallets
8. Keep your mobile device protected
Smart devices are subject to higher risks. They contain all your information, have access to all your accounts, save your important documents, and more. Hence, it is very important to keep your mobile device protected. Use a strong password with two-factor authentication. Make sure you keep your Bluetooth and location off unless you are using it. Also, be very careful while downloading any file or attachment to your device.
9. Use private network
10. Other Safety Measures
Signs that You Have Become a Victim
- Unauthorized activities are taking place through your account.
- You are not receiving the emails or messages from the official identities.
- You are getting messages asking for your personal information.
- Your electronic tax filing is getting declined.
- Banks are declining to provide you the credit even when you have a good credit score.
- Getting the email saying that your account gets accessed.
- You are getting bills on your name without seeking for the service or the product.
Actions to be Taken by Theft Victims
- Contact your bank right away and report the fraudulent activity that has taken place. Also, get your credit card, debit card, and even your account blocked.
- Ask your bank from the credit report of the last few months and check it to know the unlawful activities that have taken place.
- Inform the official authorities about the activity and report the crime.
- Make your loved ones aware of such activity so that they can remain alert.