How does Social Security identity theft happen?
A dishonest person who has your Social Security number can use it to get other personal information about you. Identity thieves can use your number and your good credit to apply for more credit in your name. Then, they use the credit cards and don’t pay the bills, it damages your credit.
How does criminal identity theft occur?
Criminal identity theft occurs when someone cited or arrested for a crime uses another person’s name and identifying information, resulting in a criminal record being created in that person’s name.
What are the causes of identity theft?
How identity thieves obtain your personal information Data breaches. Data breaches often make headlines, so this is one method you’ve likely heard about before. Phishing. Unsafe Internet connections. Mail theft . Dumpster diving. Lost Social Security card. Weak data protection.
What is the most common way of identity theft?
Financial identity theft . This is the most common form of identity theft — when someone uses another person’s information for financial gain. For instance, a fraudster may use your bank account or credit card numbers to steal money or make purchases, or use your Social Security number to open a new credit card.
What to do when your identity is stolen us?
What To Do Right Away Step 1: Call the companies where you know fraud occurred. Call the fraud department. Step 2: Place a fraud alert and get your credit reports. Place a free, one-year fraud alert by contacting one of the three credit bureaus. Step 3: Report identity theft to the FTC.
Do Police Investigate Identity Theft?
Police departments can do very little to investigate and prosecute identity theft . You can use the Identity Theft Report to help get false information taken off your credit reports, stop a company from collecting debts and place an extended fraud alert on your credit reports.
How can you protect yourself against identity theft?
Here’s how to protect yourself . Get serious, not scared. Don’t let the horror stories freak you out. Place security freezes and fraud alerts. Secure your devices. Keep an ID- theft file. Review all your personal data files. Stop unsolicited credit-card offers. Monitor accounts often. Respond rapidly.
How do you beat identity theft charges?
You might be able to defend against an identity theft charge by arguing that you did not have the intent to collect someone’s personal identifying information or to use another person’s personal identifying information in your possession, or that you did not intend to use another’s personal identifying information for
What can I do to prevent identity theft?
If you use a smartphone or tablet that is vulnerable to malware, such as a device that uses the Android operating system, you may want to install a reputable antivirus application as well. A good antivirus will sniff out malicious apps, and some may come with tools to help avoid phishing websites.
What are 4 effects of identity theft?
69 percent reported feelings of fear related to personal financial safety. 60 percent reported anxiety. 42 percent reported fearing for the financial security of family members. 8 percent reported feeling suicidal.
Who is at risk for identity theft?
Three main age groups stand out among victims of identity theft : the elderly, college students and children. The Bureau of Justice reports the number of elderly victims grew by 25 percent between 2012 and 2014. In children, identity theft victims as young as 5 months old have been reported.
How do you know identity theft?
Clues That Someone Has Stolen Your Information You see withdrawals from your bank account that you can’t explain. You don’t get your bills or other mail. Merchants refuse your checks. Debt collectors call you about debts that aren’t yours. You find unfamiliar accounts or charges on your credit report.
What is needed to steal my identity?
How your name and address can lead to identity theft. Identity thieves are always on the lookout for personally identifiable information, or PII, that they can use to start piecing together a person’s financial world. This can include details like Social Security number, birthdate, or name and address.
What are the 5 most common types of identity theft?
Types of Identity Theft Financial Identity Theft . Financial identity theft is by far the most common type of identity theft . Medical Identity Theft . Criminal Identity Theft . Child Identity Theft . Identity Cloning & Concealment. Synthetic Identity Theft . Mitigate Your Risk.
What happens when your identity is stolen?
Notify companies of your stolen identity . File a report with the Federal Trade Commission. Contact your local police department. Place a fraud alert on your credit reports.