A few weeks ago, I tried to enter my e-mail account and I was shut-out. I called my Internet Service Provider (ISP), and was told that my account was suspended. I was told that someone had used my account to open two new accounts and they knew that it was not me, so they suspended my account.
In a perfect world the Internet would be a safe place and our computers wouldn’t put any of our financial information at risk. Unfortunately we do not live in a perfect world. If you want to reduce your risk of becoming the next victim of computer identity theft there are some things you have to know – things the identity thieves don’t want you to find out about.
Think all credit fraud protection services are the same? You’d better think again. Identity theft is a growing concern and a number of companies have stepped up to the plate to offer identity theft protection services.
It can cause a huge headache when you experience identity theft. It is a crime that takes on many different forms, as these thieves can use your identity to rent an apartment, start a job, get a credit card. This is the type of thing you may not notice until the credit card statement comes in the mail or you get a call from a debt collector.
Identity Theft is not a new crime. But it has always evolved to include new technology. In olden times, it was a simple as a criminal pretending to be someone else who looked like him.
In November 12, 1999, then President Bill Clinton, signed the Gramm-Leach-Bliley Act, more commonly known as the Financial Services and Act of Modernization of 1999. The Act primarily legalizes the merging of different financial institutions like banks, credit companies, insurance companies, and investment companies.
The statistics on the extent of identity theft is all over the web. It varies for every site but one thing is common, it continues to grow. The victims of identity theft have been multiplying every day. Account hijacking is the most common and most prevalent form of identity theft. This can be done by phishing or hacking. Phishing is a form of theft by tricking the victim into putting pertinent information onto a hoax site, like that of a bank or commercial institution.
Your social security number is something that you need to protect. Find out a variety of steps that you can take that will help you protect your social security number better.
They say the best identity theft shield is allowing a company to monitor your life but is it worth the cost? Well, just think of how many people really have access to your information – any information on a day to day basis.
All over the world, thousands of people fall victim to identity theft. These days, nothing is more common than credit identity theft. Stealing someone’s identity for credit is probably the number one reason why people steal identities. And with today’s technology and the popularity of shopping from home either via the internet or the phone makes it easier for identity thieves to steal your identity.
