Identity Theft Blog » Identity Theft

How To Prevent Identity Theft Online

admin — Mon, 19 Oct 2009 21:33:07 +0000

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15 Staggering Identity Theft Crime Statistics

Cole — Thu, 15 Oct 2009 16:32:58 +0000

Do you know the annual cost of identity theft? Looking to assess your chances of becoming an identity theft scheme victim? We compiled 15 of the most staggering identity theft crime statistics for you.

They are numbers you truly have to see to believe:

1. Identity theft affected 10 million people last year, according to a 2009 Javelin Strategy & Research Center study compiling identity theft crime statistics. That’s up 22% from 2007.

2. The mean cost of identity theft per ID theft victim is $500, the Javelin study found.

3. According to the Javelin study, 71% of identity fraud occurs within a week of stealing the victim’s personal information.

4. Stolen wallets and physical documents accounted for 43% of identity thefts last year, while online methods accounted for 11%, according to the Javelin study.

5. Last year, the most common form of identity theft was credit card fraud, accounting for 20% of all reported complaints, according to the Federal Trade Commission.

6. Since the FTC’s Consumer Sentinel database was created in 1997 for theft, scam and other consumer complaints, it has collected more than 7.2 million reports of fraud and ID theft.

7. According to the FTC, Arizona has the highest per-capita rate of identity theft, followed by California and Florida.

8. The Justice Department reported that in 2005 1.6 million households experienced fraud not related to credit cards (bank account fraud, debit card fraud, etc.).

9. Households with incomes larger than $70K were 2x more likely to experience ID theft, according to the Justice Department.

10. Last year, more than 35 million records were stolen in corporate and government data breaches, according to the Identity Theft Resource Center Aftermath Study.

11. The Aberdeen Group reports that businesses around the world lose $221 billion every year from identity theft.

12. According to security company Gartner, 3% of all phishing scams are successful.

13. 57 million adults have been exposed to some form of a phishing scam, according to Gartner.

14. Of those 57 million, 1.78 million have become victims of a phishing attack, Gartner reports.

15. Every 79 seconds, an identity thief steals someone’s personal data, opens an account in the victim’s name and goes on a buying spree, according to Equifax and CBS News.

These identity theft crime statistics no doubt are frightening. But you can reduce your risk of becoming a victim by being proactive, following best practice advice for protecting your personal information and investing in an identity protection service.

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10 Unbelievable Yet True Identity Theft Stories

Cole — Tue, 06 Oct 2009 14:40:58 +0000

Think you’ve heard it all when it comes to stories about identity theft? Think again. Check out these 10 shocking but true identity theft stories.

1. Get Your Identity Stolen…And Then Get Sued.
Imagine: You’re a single mom from the Bronx working hard to get by on just $2,000 a month. Suddenly one day, $38,000 disappears from your savings account and your bank slaps you with a lawsuit demanding $23,000! That’s exactly what happened to Gloria Carlo two years ago, the New York Post reports. Carlo says she lost more than $68,000 in total as a result of identity thieves stealing her information and making purchases on Jewelry Television, Shop NBC, QVC and the Home Shopping Network.

2. Lose Your Laptop and Personal Information…And You Do the Suing.
On the other end of the spectrum is Raelyn Campbell, whose laptop containing her personal information was lost during warranty service from Best Buy, according to an identity theft story on engadget. She in turn filed a $54 million lawsuit against the mega retailer!

3. Identity Theft Victim, Meet Your Identity Thief.
The Los Angeles Times tells the story of one victim who took the crime into her own hands. A thief had stolen JCPenney sales clerk Michelle McCambridge’s information and opened up several credit card accounts—including with JCPenney—to charge thousands of dollars in purchases. After reporting the crime, McCambridge pulled JCPenney surveillance tapes of the crime in action and studied up on her identity thief. As luck would have it, several weeks later the thief showed up at McCambridge’s register trying to open up another line of credit! That twist of fate led to the indictment of five people involved in the scam.

4. Not Even to 4^th Grade Yet and Already a Victim of Identity Theft.
Parents, pay especially close attention to this unfortunate identity theft story. These days, ID theft victims are getting younger and younger. The Consumerist reports that a thief stole the identity of 9-year-old Kyle Shoemaker to open up two credit card accounts and an $18,000 line of credit. Apparently, ID thieves don’t discriminate against age.

5. Seattle Man Overcomes Cancer—And Identity Theft.
When it rains, it pours. That was the case for one Seattle man, whose identity was stolen in the midst of his fight to beat leukemia, Discover magazine reports. Right around the time that Eric Drew was told there was little to no hope for survival, he began receiving calls from credit card companies thanking him for his applications—and from collections agencies hounding him about more than $10,000 in charges. Fed up, Drew pulled his credit report, contacted the reporting agencies and went to his local television stations to tell his story. In the end, he beat all odds—he got his credit back in order and he has successfully beat the cancer!

6. Security Breach of 2.2 Million Military Personnel.
Nearly 80% of the nation’s active-duty military were affected by one shocking identity theft story from 2006, reported by The Washington Post. Social Security numbers and other information of as many as 2.2 million U.S. military personnel were stolen from the home of a Department of Veterans Affairs analyst. According to the article, it’s not unusual for government employees to take home sensitive information on laptop computers. It’s a scary thought than even those who serve to protect aren’t protected from ID theft.

7. You’ve Heard of Identity Stealing. But House Stealing?
Identity thieves aren’t just out for your personal information to open credit lines and empty your bank account. They may also be out to steal you house, according to NetworkWorld. Here’s how it works: thieves break into your home while you are away, obtain your name and personal information from your home computer, and create fake IDs and Social Security cards. Then, the thieves head to an office supply store and purchase forms for transferring property. They are able to forge your signature, use the fake ID, and file the deed for your home with the proper authorities!

8. $3 Million: The Ultimate in Restaurant Tips.
If you’re like many Americans, you might dine out several times a week. But is your identity safe while you’re doing so? Waiters in about 40 restaurants in five states recorded credit card numbers from their customers. They then passed the information along to a group of people who used it to make more than $3 million worth of illegal purchases, according to CBS News. 13 people were eventually indicted in the scheme.

9. Can You Feel the Sisterly Love?
Blood may be thicker than water, but that didn’t stop one Chicago woman from allegedly stealing her own sister’s identity to apply for a credit card and make more than $14,000 in purchases. CBS 2 Chicago reports that Lilia Cano, a Chicago Public Schools employee, has been arrested and charged with felony identity theft.

10. I’ll Find You a Job. It’ll Only Cost You Your Identity.
When you’re struggling and out of work, you might turn to an employment agency for assistance. But the last thing you’d expect is for that trusted source to misuse your personal information. Newsday reports that the owner of an employment agency in Mastic Beach, New York, has been charged with identity theft. She allegedly used her clients’ information to create forged checks and run other scams.

These identity theft stories are no doubt shocking and frightening. But you can take control of your identity and take steps to prevent becoming a victim. Take advantage of an identity protection service today.

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Are You Safe From Medical Records Theft?

Cole — Wed, 23 Sep 2009 16:06:02 +0000

Sure, you relentlessly guard your Social Security number.

True, you go above and beyond to safeguard your credit card information.

And not even the wisest identity thief could crack your passwords.

But are you safe from medical records theft, too?

You may not even realize you need to protect your medical information. But a growing number of identity theft victims are victims of medical records theft. According to a 2007 Federal Trade Commission survey, the most recent of its kind, there were 3 times as many medical information theft victims in 2005 compared to 2001. Medical identity thieves may use your information to:

• Pay for pricey surgeries or procedures

• Obtain medication illegally

• Bill Medicare or Medicaid for equipment or care that was never received

As a consequence of medical records theft, your credit could be harmed, you could be harassed by debt collectors and you could have a difficult time finding employment. Other consequences are even more frightening. If your records contain false information on blood type, allergies or history of disease, your doctor could easily mistreat or misdiagnose you.

Protect yourself—and your medical identity—with these 6 easy tips:

1. Only give your personal information to doctors and authorized healthcare workers.

2. Request your records from anyone who treats you.

3. If you find something wrong in your records, tell your doctor. According to HIPPA, he or she has 90 days to respond.

4. Ask your doctor about the safety measures he or she takes. Are the electronic medical record systems routinely audited? Do they require a photo ID to be treated? Are records password-protected?

5. Find out how your insurance provider is protecting your information. Does the insurer use software to screen for anything suspicious?

6. Finally, if you think you are a victim of medical records theft, immediately contact the U.S. Health and Human Services Fraud Hotline at 800-447-8477 or the FTC ID Theft Hotline at 877-438-4338.

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Are Your Kids’ Identities Safe Online? Follow These 8 Tips

Cole — Fri, 18 Sep 2009 11:00:27 +0000

Are your kids safe online? Children these days spend hours on the Internet, whether they’re doing their homework, playing games or communicating with friends. But could they be losing their identities online, as well?

As a parent, you’ve likely set some parameters for keeping your kids safe online: the sites they can visit, the hours they can spend online and the people they should steer clear of. But identity thieves become savvier and more cunning every day.

Follow these 8 tips to ensure the identities of your kids are safe online:

1. Teach your kids to keep their personal information secure. Encourage them to keep their profile pages on social media websites private. They should avoid offering information like their home address, phone number and last name to the public on those sites.

2. Require your kids to ask your permission before registering for any site. As a parent, you’ll want to make sure the site is safe, secure and appropriate for your child. HINT: When submitting information online, make sure there is a lock icon on the browser’s status bar and that it is locked.

3. Tell your kids to ask your permission before downloading any software or application. Again, you’ll be able to assess whether that application or software is legitimate, or whether it could give your computer a virus or install spyware onto the machine.

4. Give them a lesson in passwords. Keep your kids safe online by helping them come up with a password that is fun, unique and secure. Make sure the password includes both letters and numbers, and has at least 8 characters. Also, devise a schedule with your kids to change the password every so often—perhaps once a school semester.

5. Teach them to distinguish unsolicited email from messages from trusted sources. Tell them not to open any emails from unknown sources. More importantly, teach them to only download attachments in email messages if the sender is completely trusted and known.

6. Keep your antivirus and antispyware software up-to-date. This safety precaution is more on you, the parent. But for older children, consider teaching them how to scan for viruses and check for updates.

7. Talk openly with your kids about online identity theft. You may be concerned that you’ll frighten them. But teach them to be prepared and safe by using age-appropriate language that they’ll understand. An open dialog may be your best bet to ensure your kids’ identities are safe online.

8. Protect your children and yourselves even further with an identity theft protection service. Monitor your own as well as your children’s identities to ensure no one has stolen your personal information.

For Preventing Identity Theft Online: 5 Must-Follow Tips

College Student Safety: Identity Theft a Concern as Students Head Back to School

Cole — Wed, 16 Sep 2009 11:00:17 +0000

September is National Campus Safety Awareness Month and the time college students are making their way, sometimes for the first time, to unfamiliar college campuses. Many parents are worried about college student safety and their child being away from home–but many never dreamed that they would have to worry about their child’s identity being stolen and possible financial ruin.

College students have always been easy marks for identity theft because their credit is ripe for the taking. Students’ Social Security numbers have traditionally been openly displayed on student badges, testing information, in filing cabinets and databases all over campus. Landlords and those involved in campus housing also have access to students’ identifying information.

Uni-Ball pens and the Identity Theft Resource Center surveyed 1,000 college students and 1,000 parents on college student safety in its Campus Security Survey. The findings revealed that about 74% of parents believe students are at a moderate to high risk for identity theft, while 21% of students are concerned about identity thieves. However, according to the Identity Theft Resource Center, 30% of all identity theft complaints come from 18- to 29-year-olds.

The study concluded, “Students who ignore their own personal security are not only putting themselves at risk for identity theft, they are also putting their parents at risk. While getting established in the real world, its common practice among college students to use their parents’ names, bank account numbers and other personal information to co-sign loans and leases, write tuition and housing checks, register online to receive grades and more. So when online criminals strike, they are often manipulating parents’ personal data, not just the students’.” Any parent sending their children off to college should be concerned about college student safety.

Other interesting finding from the Campus Security Survey:

89% of parents have discussed college student safety measures with their kids, yet kids continue to engage in risky behavior
40% of students leave their apartment or dorm doors unlocked
40% of students have provided their Social Security numbers online
50% of students shred sensitive data
9% of students share online passwords with friends
1 in 10 have allowed strangers into their apartments
Only 11% use a secure pen (which can prevent check washing fraud) when writing checks

College Student Safety: How to Protect Yourself and Your Identity

1. Lock your doors! The transient nature of college life means people are coming and going and thievery is more likely to happen. Just because you may come from a small town and do not lock your doors, that doesn’t make it OK at school.

2. Limit the amount of information you give out. While you may have to give out certain private data, refuse whenever possible.

3. Shred everything! Old bank statements, credit card statements, credit card offers and other account number bearing documents need to be shredded when no longer needed.

4. Lock down your PCs. Make sure your Internet security software is up-to-date. Install spyware removal software. Lock down your wireless connection. Use strong passwords that include upper and lowercase letters as well as numbers. And never share passwords.

5. Secure your signature. Use Uni-Ball gel pens to write rent checks and sign documents. They cost as little as $2 and contain Uni “Super Ink,” which is specially formulated to reduce document fraud and check washing, a popular form of identity theft.

6. Be alert for online scams. Never respond to emails or text messages that are purportedly coming from your bank. Always log into your bank account manually via your favorites menu.

7. Invest in Intelius Identity theft protection and prevention. Not all forms of identity theft can be prevented, but identity theft protection services can dramatically reduce your risk.

By Robert Siciliano, identity theft expert and speaker, who discusses Identity Theft Protection and Check Washing on TBS’s Movie and a Makeover.

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ID Theft Expert Robert Siciliano Explains How to Protect Yourself

Cole — Mon, 14 Sep 2009 11:00:19 +0000

In light of the recent data breach involving a former informant for the Secret Service in which some 130 million credit card numbers were compromised, ID theft expert Robert Siciliano appeared on Danny Fontana on Finance to explain some simple proactive steps that everyone can take to protect themselves from having their identities stolen.

Click here to view the embedded video.

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Identity Theft of Children: How to Protect Your Family

Cole — Fri, 11 Sep 2009 16:17:10 +0000

Identity theft is scary and surprising when it comes from the hands of a stranger. But think of what it must feel like if your own family members stole your identity and used it for their own financial gains?

Identity theft of children is a serious concern. Jason Truxel was denied a mortgage because of bad credit. When he pulled his credit reports, he discovered a tremendous amount of debt and accounts he had never opened. One such account showed that a credit card had been opened in his name when he was only 13 years old. Jason found out the hard way that he was a victim of child identity theft. More horribly, Jason found out that the man who stole his identity and ruined his credit was his own father. Jason’s dad told him that he would “never be able to prove anything,” but he was convicted of credit card fraud when credit cards with Jason’s name were found at his home.

Identity theft of children has also affected 11-year-old Diamond Daye. However, it was his mother that is the identity thief. She’s 31, and owes thousands in rent, cell phone and cable bills–all in Diamond Daye’s name.

Identity theft of children is a growing problem. The Federal Trade Commission estimates that there are 500,000 new victims every year. The culprits are often parents, since they have direct access to their kids’ personal information. Irresponsible parents in financial debt apply for credit in their children’s names.

It’s easy–all a parent needs is a child’s Social Security number. Creditors often fail to verify the applicant’s age, and simply accept the application. Children rarely discover that they are victims of identity theft until they are adults and are denied credit or employment because of their negative credit history.

Parents can prevent identity theft of their children by regularly requesting fraud alerts and ensuring the credit hasn’t been issued under their child’s name.

How to Protect Against Identity Theft of Children

1. Protecting yourself from new account fraud requires a credit freeze, or setting up your own fraud alerts in your and your child’s name. This provides an extra layer of protection and can prevent the opening of new line of credit.

2. Consider making an investment in Intelius Identity Theft Protection and Prevention. This award-winning service includes a Free Credit Report, SSN monitoring, Credit & Debit Card monitoring, Bank Account monitoring, Email fraud alerts, Public Records Monitoring, Customizable “Watch List”, $25,000 in ID theft insurance, Junk Mail OptOut and Credit Card Offer OptOut and much more.

Your child is your most important asset, and we all want our children to have a bright future. By protecting their identity now, they can become anyone they want and do anything they dream.

By Robert Siciliano, identity theft speaker and guest speaker on Fox News.

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Job-seekers: Could Your Personal Information Be Stolen?

Cole — Mon, 24 Aug 2009 11:00:21 +0000

Could you have your personal information stolen when you apply for a job? In a down economy where jobs are hard to come by, it appears some people will do just about anything for work—identity theft included.

The CBS news affiliate in Durant, Oklahoma, reports that James Matthew Chandler had his personal information stolen while applying for a job at J.C. Potter, a local sausage company. Another man used Chandler’s name, Social Security number and birthday to apply for the same job—and was actually hired!

Months after not receiving the job, the real Chandler received a letter from the Department of Human Services asking for employment status and income information to verify benefits. That letter was intended for the man who stole Chandler’s identity and tipped Chandler off to the crime. The identity thief had been working for months at J.C. Potter using Chandler’s stolen personal information.

Chandler immediately contacted the local police department and sheriff’s office, but when officials went to question the man at his place of work, he had already fled.

So far, Chandler’s credit has not been affected, and it appears the identity thief was simply out to gain employment status. But only time will tell all the repercussions.

Job-Seekers: Safeguard Your Personal Information
When job-hunting, remember these tips to ensure you won’t have your personal information stolen:

1. Don’t include sensitive information on your resume. Let the employer know you can provide your birthday, Social Security number and home address during the interview.

2. Review the privacy policies and terms and agreements of online job boards. Make sure they won’t share your information or resume with third parties.

3. Keep a detailed record your job hunt. Keep track of all the information you’ve sent to all potential employers and everything you’ve posted on job boards.

Beyond these measures, an identity theft protection service with credit monitoring is the most effective way to watch for suspicious activity and take immediate action should your personal information be stolen.

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Are You Safe From the Latest Facebook and Twitter Scams?

Cole — Thu, 13 Aug 2009 20:13:28 +0000

When you log on to social networking sites like Facebook or Twitter, are you worried about preventing identity theft?

Maybe you should be. Three in 10 people have experienced some type of scam on a social networking site, according to a study by security firm Webroot.

Security Central magazine in July pinpointed 5 of the latest social networking site scams. Ensure identity theft protection by learning and avoiding them:

1. Send me money!

You get a message (a Tweet, a direct message, a wall post, an IM, etc.) from a “friend” who says he is in trouble. He was pick-pocketed in another country and needs you to wire money. Because the scammer hacked into your “friend’s” account, he seems to be a trusted source and knows personal details about you. So you might be convinced to offer up sensitive bank account information.

2. The latest celebrity news!

Be wary of messages that promise new or never-before-heard celebrity gossip. A recent popular scam? Top-secret information about the death of Michael Jackson. The link to the story might ask you to download a file. Instead, you may end up installing some type of malware (short for malicious software) on your computer, which can damage or steal your data.

3. Did you hear what was said about you in this blog?

Whether it’s on your wall, in your inbox or in an instant message, you might be asked an attention-grabbing question. Clicking on the link directs you to a fake login screen, where you are asked to enter your personal information.

4. Update your personal information.

Be on the lookout for messages, emails or requests to update your personal information. These too may lead you to a fake login, where your personal data is stolen.

5. Find out your IQ!

A recent Facebook IQ test application, according to Security Central, asked users for their cell phone numbers in order to receive a text message with the IQ test results. By doing so, users were enrolled in a costly text messaging service. Unfortunately, many people failed to read the fine print.

These scams are no doubt scary, but preventing identity theft online can be achieved by following a few useful tips.

• Use privacy settings to protect your personal information. Limit your private and more sensitive information to “friends” only. Or better yet, exclude it completely.

• Come up with a unique password for your social networking account. Don’t use the same password for online banking, job-related sites, etc.

• Make sure your computer is protected with a reliable firewall and the latest anti-virus and anti-spyware software.

• Use good, old-fashioned common sense and be on guard for any suspicious behavior. If something seems too good to be true, it probably is.

• Check your credit report to ensure your identity hasn’t been compromised. And use an identity theft protection service that alerts you to any suspicious activity.

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