Identity theft is a real threat, now more than ever.
And due to this influx of crime, many companies boast about their abilities to prevent you from becoming a victim and they may make you consider opting to go this route. Besides, you may think, 10 bucks a year or so isn’t much for peace of mind…
But if you have ever heard of LifeLock, you know that the owner puts his Social Security number all over TV and radio ads “daring” criminals to steal his identity.
Well, one did.
And as a result, many LifeLock members are suing the company claiming that it doesn’t do what it promises.
Read the news story here.
The truth is, protecting yourself from ID theft is mostly a matter of common sense.
Be very careful when you give out personal information, such as a mother’s maiden name and a Social Security Number. Companies rarely need this information and if you are suspect, ask them to give you a number that you can call them back on to give the information to later.
Don’t give any personal, bank account or credit card information to anyone who calls you on the phone. Instead, always ask that they mail you information about their company and their services. If you are interested, you’ll call them back.
Destroy receipts as some criminals love to go “Dumpster Diving”. Shred them, and if possible, shred again.
But in all honesty, most ID theft today is done on the Internet and through email.
So, to avoid being a victim digitally, never, for the love of everything that is sacred and holy, e-mail your Social Security number, credit card number, or anything else that is vitally personal to your financial security. E-mail is very insecure and can be easily intercepted read by anyone.
Also, if you get an email claiming to be from your bank, eBay, PayPal, the IRS, or any other financial institution, handle with care.
Criminals send out fake emails to look like they really came from these entities. They ask that you click a link in the email to ensure your account doesn’t get canceled, or to learn more about an attempt to break into your account.
The website you go to will look real. And it will ask you to enter in a username and password, or a bank account number, or any other personal information.
Once you do this, the criminal has all they need to steal your money.
If you get an email from your bank and you are concerned about it, call your bank. Do not reply to the email and do not click any links it it.
If you get an email claiming it is from PayPal and you don’t have a PayPal account (Or don’t even know what PayPal is) then delete it. They were trying to scam you.
Another hint that an email you are getting is fake is that it will not have a greeting or will have a generic greeting like “Dear Member” Or “Dear Sir/Madam”.
Trust me, your bank knows your name and they will use it to ensure that they are who they claim to be. Also, your bank will almost never email you if there is something wrong with your account.