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Identity Theft - You Can Prevent It

By now everybody has heard of some horrorreport. Get your free report every four
story about identity theft from TV shows ormonths from each bureau. If you are using a
magazine articles. In the popular culture,PDA, password protect it to prevent others
references of identity theft are found in thefrom  accessing  it.
novels and movies, notably Frederick
Forsyth's novel, "The day of the Jackal" andPhishing is a popular method to steal
the 1995 movie "The Net." In real life, thesensitive information for identity theft
Identity Theft Resource Center ( reports 8.9purposes. Don't be a phishing victim. Avoid
millions  identity  theft  victims  in  2006.clicking on any link that comes to your way
through e-mails or IM. The e-mail will
So, what is an identity theft? An identitydisguise itself coming from your financial
theft occurs when somebody steals vitalinstitutions (your bank or PayPal accounts)
pieces of personal information, e.g. yourand will urge you to click a link to verify
social security, credit card numbers, etc.your accounts or resort to such other tricks.
and uses that information for financial gainsSometimes, it can be outright threatening. If
by taking your identity. The most common formyou click the link you will end up in the
of identity theft involves credit card andthief's website. And if you enter your user
mortgage frauds. But it can also be used forname and password, the thief will have enough
vicious crimes like drug dealings, terrorism,information  to log into your actual account.
etc.
Open online accounts for all your credit
You may be surprised to know that many minorcards and financial accounts. Online accounts
identity thefts are committed by someone youare not only convenient for faster bill
know. So, don't make it an easy job for apaying, paperless transactions, etc.; they
person to steal your personal informationalso help monitor your accounts frequently,
from your wallet, checkbook, etc. Avoidinstead of waiting for the monthly bill or
leaving things containing your personalstatement to arrive. Monitor your accounts
information lying around for others to haveonline every week and if you see any
an  easy  access  to  that  information.suspicious charges, checks, etc., call you
banks immediately. Also setup e-mail based
Shred, shred, shred. Buy a cheap paperaccount alerts, if available, to alert you
shredder from an office supply store andwhen  charges  are  made  to  your  accounts.
shred all your paid bills, used check books,
etc. before tossing those into the trash. PutIf possible, avoid putting your outgoing
aside 30 minutes every Saturday morning formails containing bills and checks in your
shredding anything that contained yourmailboxes for easy access by a thief. Drop
personal information and you intend to trash.them in mailboxes located in the post office
Make  it  a  habit.or street corners. Better yet, setup online
bill payment with your bank and avoid the
Never give out your personal information likesnail  mail  for  bill  paying.
your social security number; birth date etc.
over the phone when the call you received isYou also need to keep your computer safe.
unsolicited. Your financial institutions haveThieves can get into computers through
those information and they will not ask youspyware and unsecured wireless or network
for that. Sometimes, for verificationconnections. Use anti-spyware programs and
purposes, they make ask you the last fourturn on your Windows default personal
digits  of  your  social  security  number.firewall program. To prevent viruses
infecting your computer, use an anti-virus
Don't pay to get anybody to get a copy ofprogram. Setup accounts for each user of your
your credit report. Because of acomputer and ask them to use strong passwords
congressional mandate, all three-creditthat include a combination of letters and
report bureaus will give you a copy of yournumbers.
credit report for free every year. Go to to
obtain your free credit report every yearAnother way to prevent anybody, including
from TransUnion, Equifax, and Experian. Whileyou, from opening any credit in your name is
obtaining your free credit report, theseto freeze your credit. This option is not
bureaus will push some paid services. Justavailable in all states. If it is available
ignore  those.in your state and you opt for this option,
you need to lift the block before you allow
Don't get your free credit reports from theanybody, e.g. an employer for a new job,
three bureaus all at the same time. Then youcreditor for a car loan, etc., to access your
have to wait one year before you can get yourcredit information. Though it is almost like
reports again for free. In the mean time,a foolproof system to prevent identity theft,
some unwanted stuff may show up in yourit is the also the most inconvenient method.



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