Protect Your Identity with Identy Theft

What is Identity Theft?

Identity theft occurs when someone steals your personal information, such as your name, Social Security number, or credit card numbers, to commit fraud or other crimes. This can happen in person, online, or through the mail. It's a serious crime that can cause financial and emotional distress for victims.

In 2020 alone, it was reported that over 14 million Americans were affected by identity theft, resulting in losses of over $15 billion. This is why it's crucial to take steps to protect your personal information and be aware of potential scams.

How to Protect Your Identity

To protect your identity, it's essential to be cautious when sharing personal information. Only provide sensitive data to trusted sources, such as financial institutions or government agencies. Be wary of phishing emails and texts that ask for login credentials or credit card numbers.

Monitor your credit reports regularly and check for any suspicious activity. You can request a free copy of your report from each of the three major credit reporting agencies once a year. Also, consider freezing your credit to prevent new accounts from being opened in your name.

What to Do If You're a Victim of Identity Theft

If you suspect that your identity has been stolen, act quickly to minimize damage. Contact the Federal Trade Commission (FTC) and file a complaint at IdentityTheft.gov. Reach out to your financial institutions and credit reporting agencies to report any suspicious activity.

Consider placing a fraud alert on your credit reports or freezing your credit to prevent further identity theft. You can also request a copy of your stolen identity's credit report to track the progress of the investigation.