You may be surprised to learn that identity thieves mainly use very low tech methods to steal your personal data, such as rifling through rubbish to find old bank statements or utility bills that people have carelessly thrown away and stealing wallets, purses and luggage containing credit cards and other key documents. Thieves can also hijack your mail, which basically means intercepting items such as credit card statements, mobile phone bills .. Read More
Prevent Identity Theft Loss
10 Million per Year and Counting
Every year, millions of Americans have their identities stolen (not just restricted to the USA). Identity thieves from around the globe are cashing in on this huge money pot, and if you don't protect yourself, you may be a victim as well. Besides losing money, your credit score will decrease if your identity gets stolen (also depends on the type of theft that has occurred). The good news is there are steps you can take to reduce the chance of identity theft happening to you, however you will need to take action. Monitoring your credit regularly can help, and also checking your bank statements to see if there are any unauthorized transactions can be beneficial. However, this may not always be enough, as that only catches identity theft early on.
Identity Theft Protection
An identity theft service such as Lifelock can help you significantly reduce the chance of id theft happening to you. They also offer a recovery service - their $1,000,000 guarantee, which protects you from these thieves. They scan blackmarkets, search directories, and monitor your credit regularly.
Below is a video explaining how identity theft works: