According to economic analysts, more than 14 million people were victims of identity theft in 2018. While the number of identity fraud has decreased, millions of people still face this issue.
Keep in mind that identity theft can negatively impact your credit score, therefore making it hard for you to get a personal loan or buy a house. In addition to that, the thief can take thousands of dollars from your savings and checking account without your awareness.
At Identity Insured, your family’s safety is our priority. Here are some tips and tricks for you to check for identity theft.
Identify if Identity Theft Has Happened
The first tip is to know when identity theft has happened. Here are some indications that your identity may have been compromised:
- You are not receiving bills or checks through the mail.
- You get bills for items that you did not order.
- You are denied credit despite excellent ratings.
- You have unauthorized bank withdrawals and transactions.
- You received a notice that your personally identifiable information was breached from your past employer.
- The electronic tax filing is denied.
- You received unauthorized authentication messages by email or tax from unknown accounts.
Be proactive instead of waiting for bad news. Get started with Identity Insured here.
Understanding How Identity Theft Happens
The second tip is to know how identity theft happens. The more information that you put about yourself online, the more vulnerable you are of identity theft.
Even if you put your information on social media, e-commerce site, the dark web, or anywhere else, hackers can obtain those data to their advantage. That’s why our protection plans at Identity Insured include social network monitoring, dark web monitoring, Social Security monitoring, and credit reports.
Another way is through the dumpster, where you throw away important documents. The trashcan contains a lot of old mail, billing statements, magazines, and information regarding your full name, birth date, and address. People can get into the trash to obtain your information and steal your identity.
The old-fashioned way is stealing your purse and wallet or taking mail from your mailbox. Because of the advancement of technology, identity theft prefers to use other methods such as card skimming on ATMs and gas pumps, fishing emails, or Wi-Fi connections. Fortunately, Identity Insured offers Lost Wallet Restoration in three out of four of our plans, helping you minimize the damage that might result from burglary.
Protect Your Mail
With all this in mind, it’s essential to know how to protect your mail. Make sure to set up and inform delivery counsel through USPS.
USPS can scan your mail and send you a PDF of a letter-size mail that you will receive each day. Alert you of a package delivered through the post office.
You will know when your mail is missing, and USPS will provide steps that you can take in case that were to happen.
You can also switch to a locked mailbox for deliveries or rent a post office box. If you are sending valuable documents, make sure to drop it off inside the post office.
Don’t Carry Your Social Security Cards
It’s essential to store social security cards in a safe location. Never carry your card around. If your wallet gets stolen, it will be easy for a thief to steal your identity.
If you have any valuable documents with your name, address, and birthdate, then avoid throwing that paper away. People can always find it in the trashcan and use it against you. The best thing to do is shred those documents so they can never be retrieved.
Avoid Public Wifi
Hackers can use public Wi-Fi to get into your computer network system to obtain information about your banking statement, bills, and other sensitive info.
Stay safe with our cutting-edge protective measures at Identity Insured.
Use Strong Passwords
The most common mistakes people make is using their birthdate, easy passwords, or the same password for all accounts.
It’s essential to use strong and unique passwords with a combination of letters, numbers, and characters.
You should also use different passwords for different accounts so it would be challenging for hackers to get into your system.
Be Cautious On Social Media
Quizzes and questionnaires on various online platforms are entertaining to fill out, but they require that you implement your information such as name, phone number, mailing address, and much more.
These are private information that identity thieves can use to their advantage. Keep in mind that nothing is truly private on the internet; it doesn’t matter how bulletproof your social media privacy settings are, you are still vulnerable. Identity Insured can help you minimize fraud resulting from social media use with our cutting edge monitoring systems.
Know what to do if you are a victim of identity theft
If you are a victim of identity theft, then main your focus should be limiting damage.
If your debit or credit card was stolen, then contact the bank immediately. Check your credit report with the credit bureau, and confirm any unusual activity. If you find something strange, then consider freezing your credit or implementing a fraud alert. You want to let future lenders know that you are a victim of identity theft so they can take extra precautions to verify your identity.
After that, contact the Federal Trade Commission (the FTC) to file a report. Then contact your local police department so they can create a report. This can be a very stressful situation and can take many hours of filling out paperwork and working with various agencies to recover your identity.
However, recognizing the signs and taking the necessary steps can save you from losing a lot of money in the future.
Get Your Identity Insured
You have a car, home, and life insurance, so why not get your identity insured?
This is to help protect your credit and identity from hackers, breaches, and the dark web. When you get your identity insured, an attorney and restoration expert can save your credit and identity if it ever gets compromised.
When you join Identity Insured, our plans can pay any wages or income loss from identity theft.
Any personal expenses from loans, line of credit, or grants due to identity theft will be paid out depending on your plan.
With all this in mind, you should understand why it’s essential to have your identity insured.
It’s essential to keep your identity safe so hackers don’t take your earnings and use it on other activities. If identity theft is left unmanaged, you can incur a lot of debt and loans.
Fortunately, when you insured your identity, you get compensated and obtain help in restoring your credit and identity.
In addition to that, our tips and tricks to check for identity theft can give you excellent insights, so you know if you are a victim or not.
Since these fraudulent activities are everywhere, it’s essential to keep yourself safe and protected, so what are you waiting for? Check out Identity Insured to talk to an agent.