Identity theft is on the rise. Since we’re a few months into the year, we’re seeing scammers coming up with new ways to steal your identity.
Identity Theft
So every year, there are new security tools available. However, cybercriminals are figuring out new ways to steal someone’s identity. Recently, my Husband shared two stories with me of a close friend and a colleague who had their debit card hacked for large cash advances.
In the first place, one of the individuals had their debit card in their possession. So, how does this happen? First and foremost, cybercriminals are able to get this information from various machines. For instance, if you’re at a gas station and use your debit card; a cybercriminal may have access to the information from that machine.
Social Media Identity Theft
At the same time, social media continue to grow. Now, over 70% of individuals have at least one social media account. When you think about all the information on social media; it is easy for cybercriminals to get information on almost anyone. How many of us post our life stories on social media?
For more on social media, be sure to visit my Like Love Hate Social Media Relationship post. Since social media isn’t one of my strengths; I use a professional to handle most of this for me.
No doubt, social media has changed our lives.
How are cybercriminals getting your information on your social media accounts? So, this is rather easy as someone can send you a faulty link and once you click on this; they may be able to get information on your computer. Another big issue happening in social media is you receive a lot of spammy followers and likes. When someone follows you or tries to get you to follow them back; they are able to see what you post.
Emotional Impact
When someone takes over your identity, it is upsetting. Of course, you feel powerless and frustrated. No doubt, identity theft causes frustration and is expensive. When this happens to you, funds you had available in your account may not be readily available now.
Indeed, this can be expensive for you. What if you were counting on the money in your checking or saving account to pay your mortgage, credit card bills, or a car payment? Although your bank or credit card company will protect you; ultimately this may take time before you see the money put back in your account.
Ways to Avoid Identity Theft
In the meantime, there are ways we can avoid identity theft. The following are some tips to help protect you from fraud.
- First and foremost, set up strong passwords. Also, it is important to change your passwords regularly. Make sure you keep this information in a secure place.
- When you’re on your cell phone, computer or i-pad, be careful where you enter your information.
- Be careful on who you accept invitations to on social media accounts.
- When your shopping or using an ATM machine; be on the lookout for anyone looking suspicious.
- In addition, be careful about who you provide information to. When I’m at a Doctor’s office, I notice they ask for a social security number. I have never written this and always write non-applicable. Hence, most people have medical insurance cards that don’t have their social security number listed.
- Now, I have seen a new trend in regards to callers. Similarly, I’ve seen phone numbers close to mine. I never pick these up. Also, I have Caller ID, so someone cannot phone me without providing their name and phone number. In addition, I have this set-up on my cell phone plan as well. When I don’t recognize a number and see them try to call more than once; I usually block the number right away.
Other Ways to Avoid Identity Theft
- Before you pay for something; make sure you know what you’re charging on your credit card. Also, many companies randomly phone people to tell them, they won something. Still, you need to be careful when you receive calls of this nature and someone asks for your credit card number to ship you something or tells you; you need to pay taxes before you claim your prize.
- Furthermore, it is important to realize scammers are trying to work fast. They try to retrieve your information in a hurry. If you’re confused about the nature of a request you feel uncomfortable with; make sure you don’t give out any information.
- When companies offer you a free product or subscription; make sure the company is the real deal. Before you agree to anything, ask for a phone number. And, then do some research on the offer before making a decision.
- Another big trend happening in the job market is someone tries to get you to be a mystery shopper. They request your information and then mail you a large check. Look closely at the check. Many companies are trying to get you to cash a check. Never accept a check from a company that wants you to wire money elsewhere. Because I’ve been the recipient of such checks; I’ve immediately brought them to my Bank Manager to have investigated.
Conclusion
In summary, more than ever, bank card numbers, credit card numbers, and social security numbers are being compromised. Because of the number of cybercrimes being committed; more companies and individuals have to be much more careful and take action.
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Have you or anyone you know encountered identity theft?
As always, I welcome your comments.