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What You Don't Know Can Hurt Your Identity

Author: JedJenson Total views: 4 Word Count: 645

Research shows that 10 million individuals will become a victim of identity theft this year. Chances are you too will become a victim of identity theft unless you are aware of the ways your identity can be stolen. Once you know how your identity can be stolen, you will be able to defend yourself against becoming a victim. Therefore, your first line of defense is knowing a thief's offense. The following are six ways you your identity can be stolen.

First, your identity can easily be stolen if you have lost or had your wallet stolen. Once a thief has obtained personal information from a driver's license, social security card or other identifying information found in your wallet, they will often open credit card and utility accounts in your name. They will also charge large amounts of merchandise on your credit cards. Thieves will also use your identity when applying for jobs in order to use your background to pass criminal screenings.

The second way your identity can be stolen is by becoming comfortable with your day to day activities and your surroundings. Letting your guard down concerning your paper trail, especially your financial paper trails, is one way for thieves to access your personal information. Identity theft crimes are more likely to occur by someone you know or who you feel comfortable with. For example, if you employ someone who works in your home, such as a housekeeper, you need to be sure that your personal papers are kept in a secure location within your home. Be aware of who you perceive to be trustworthy before you allow them access to your home or personal records.

Another way thieves can access your personal information is by scouring dumpsters or trash cans and to find receipts from financial institutions or pre-approved credit card applications. Thieves then use this information to create counterfeit checks or open credit card accounts in your name. Mailboxes are also locations where thieves can steal checks, bank statements and other financial documents before you ever know they are missing. Monitoring your incoming and outgoing paper mail and shredding all financial documents before trashing them is crucial to protecting your identity.

A fourth way your identity can be stolen is through telemarketing phishing scams. Thieves call and pretend to be an employee of a popular company, such as Kmart, and fabricate a problem with your most recent payment. Most people fall for this type of scam by providing the caller with personal and financial information. Identity theft also occurs on-line through social websites. Be careful not to tell others too much about yourself as identity thieves are great at using any tidbit of personal information to take over your identity.

The fifth way thieves steal your identity is by watching your actions at ATM's. Thieves are literally looking over your shoulder and stealing your information. You should always be aware of your surroundings when using automated teller machines. Thieves look to see what numbers you type in when entering your pin. They then follow you, wait for a chance to get your ATM receipt, and then gain access to your bank account.

The sixth way to have your identity stolen is to fail to put protective measures in place to keep thieves from gaining access to your personal information. It doesn't matter whether you purchase identity theft protection services or put your own steps in place to protect your identity, the fact is, if you are not protected, you will have your identity stolen.

Knowing how your identity can be stolen enables you to know how to keep from being one of the 10 million individuals who will have their identity stolen this year. It is important to become aware of how thieves can access your personal information in order to put protective measures in place.

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About the Author

Jed Jenson teaches people about identity theft protection in Western Washington and British Columbia. To get identity theft protection recommendations, read on.

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