An identity theft insurance policy helps victims recover from losses caused by identity theft. It may be offered as a standalone policy or as a benefit of other types of insurance or identity protection plans. Insurance policies for identity theft do not all offer the same level of coverage. It’s…
Criminals seeking financial gain from identity theft take advantage of the tax season every year. There are many ways that scammers obtain personal information, but they all aim to file a false tax return in the taxpayer’s name and claim a tax refund. By the time the taxpayer files a…
A longtime problem, identity theft is still evolving and adapting with the times. It’s easy to get sucked into rumors and half-truths because of the variety of scams out there. In order to prevent identity theft, you should avoid believing misinformation and spreading it to others. Here are four identity…
On a daily basis, criminals scour the internet for personal information they can use to commit fraud and identity theft. Individuals need to take steps to protect their privacy and information from fraudsters in the digital age. The same is true for children as it is for adults, as kids…
Synthetic identity theft is one of the fastest growing forms of identity theft in the country, according to the Federal Reserve. A synthetic identity is created by combining real and falsified information in order to create an identity for financial gain and other purposes. Synthetic identity thieves are particularly attracted…
Even after death, no one is completely safe from identity theft. Known as “ghosting,” criminals can use the personal information of a deceased person to file false tax returns, claim Social Security benefits, open fraudulent loans and credit cards and more. Every year, millions of deceased Americans have their identities…
Credit monitoring shouldn’t be limited to protecting your own finances. The benefits of credit and identity theft monitoring should extend to your entire family, and here’s why: people want to protect their loved ones, from infants to aging parents, but simply cannot be everywhere at once. Trusting financial service providers, such…
Theft of personal information allows identity thieves to open fraudulent accounts, empty bank accounts, and wreak havoc on their victims’ credit and finances. It’s important to catch identity theft early if you become a victim. The sooner you learn that your identity has been stolen, the sooner you can take…
Graduation season is upon us, which means a lot of young adults will be going off on their own for the first time. With that newfound freedom, however, comes an increased risk of fraud and identity theft. Did you know that young people fall victim to fraud and identity theft…
Identity Theft Recovery Plan: Start with Your Credit Report Check your bank accounts immediately if your personal information has been compromised, perhaps by a data breach or stolen credit card. You could be a victim of identity theft. If you see fraudulent charges, you may feel overwhelmed, frustrated, or even lost.…
Millions of Americans fall victim to identity theft each year. It’s a serious threat, since thieves can use your personal information to open new accounts, claim tax refunds, file fraudulent Medicare claims, and more. Even if your identity isn’t stolen, thieves can use your personal information to gain access to…
Identity theft is on the rise, according to recent reports. As reported by Javelin Strategy, identity theft resulted in an annual loss of $56 million in a mixture of different criminal and fraudulent activities last year. Maintaining the security of a business database can pose numerous challenges. Here’s what you…
Nowadays, it is possible to make almost any type of payment without a paper check. With Venmo or Zelle, you can pay your bills online, shop with credit cards, and send money to friends and family. Nonetheless, many businesses and individuals still use paper checks in the mail to do…
You can find some of the most sensitive information in the mail: your name, address, contact information, bank account and routing numbers on mailed checks, financial statements, and so on. Despite this vulnerability, unlocked mailboxes and easily-opened paper envelopes leave mail especially susceptible to theft. Using the information contained in…
A stolen Social Security card is a major cause for concern. Identity theft is the primary problem with a stolen Social Security card. Identity thieves can damage your credit and finances as well as commit crimes in your name if they know just your Social Security number. When you discover…