Identity theft impacts millions across the world every year. While its more widespread in countries like USA, its sure spreading quite fast globally and won’t be long before we hear of increasing number of identity theft cases in India too. Identity theft can hit you through your withdrawls from your bank accounts, spends on your credit cards, repayments from fraudulent loans etc. Elders are rather vulnerable and are often targeted by the scamsters. Hence its important that you take the utmost care of managing your identity safely and securely. In the piece below are highlighted the Dos and Don’ts taken from the author’s detailed article on identity theft. Team RetyrSmart
Don’t be a victim of identity theft
Here are the do’s and don’t’s of protecting yourself against identity theft:
• Pay attention to your bills – look for bills for items you did not buy, which could indicate someone has gotten access to your credit card information.
• Look out for debt collection calls for accounts you did not open or a loan you never applied for.
• Create strong passwords by making them complex and not using personal information like your birthday or your pet’s name. Change your passwords frequently and do not use the same one twice.
• Review your bank and credit card statements to make sure everything is accurate.
• Install anti-virus and firewall software on your computer.
• Shred any physical receipts and financial statements.
• Consider going paperless so you don’t receive sensitive financial documents in the mail. Collect your mail every day and place it on hold if you are traveling.
• Do not give out your personal information (online, in person, or over the phone) just because someone asks for it. f you get a call purporting to be from the government, hang up, find the office’s number on your own and call back to verify whether the call is legitimate.
• Do not use public Wi-Fi networks to check your email, social media or bank account, as they are often insufficiently secured.
• Do not leave any personal information in your car, even if it’s locked.
• Do not carry your Social Security card with you, only carry documents that list it when absolutely necessary, and never give it out unless you are certain of who you are talking to and why they need it.