What you need to know about: IDENTITY THEFT PREVENTION AND RECOVERY
HOW DOES IDENTITY THEFT HAPPEN? It’s hard for some of us to fully comprehend just how easy it is for an adept identity thief to take on aspects of our personal and financial lives. Many think of identity theft as the outgrowth of an elaborate criminal scheme, replete with spying efforts. In reality, it isn’t quite that difficult. Most of us provide potential thieves with everything they need to make their move.
Identity theft occurs when personal data is compromised. This can happen in many different ways.
INSIDE JOBS Many identity thieves maintain regular employment and use their jobs as a means of gathering the kind of personal information they will later use to commit their crimes. They may steal or copy personal records and information. Have you ever purchased an automobile and filled out a loan application? Remember all of the information you probably provided. You probably imparted your birth date, social security number, address, bank account numbers, previous residences, third party references, employment information. Now, ask yourself a few questions: Who has access to all of that information? Do you know them? Do you trust them? What’s to stop them from misusing the data?
It’s a scary proposition, but right now there are probably several file cabinets in several different places of business that house enough of your personal data to allow for an easy theft of your identity. Is a disgruntled employee looking for a way to make some money? Is a night cleaning crew member interested in improving his or her standard of living at your expense? You can never be too sure, and yet you are never too safe from identity thieves who work inside jobs.
OTHER METHODS One doesn’t need to be someone with whom you do business in order to get your information. There are a variety of other ways to steal your data. Consider this incomplete list of ways identity thieves may access your personal data:
· They can steal your mail, which contains everything from new boxes of check blanks to your tax information. · They may take a dirtier route and rummage through your garbage in order to find documentation that will aid their criminal endeavors. · They may use high tech equipment to capture important information when you use an ATM. · They may use the phone or email to convince you to part with important information by posing as someone else. · They may use a simple change of address card to divert your mail to another location just long enough to gather your personal information. · And of course, they can always use the time-tested method of stealing your wallet or handbag.
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