5 Ways to Prevent Identity Theft

by Joe Kolak 06/30/2019

Globally, identity theft has been on the rise in recent times, and it seems it is not slowing down. Succinctly, identity theft means using someone else personal information without their consent, primarily for financial gain. According to Javelin Strategy, the number of identity theft victims in the US is on the rise yearly, and its victims rose to 16.7 million in 2017. To be on the safe side, make sure you always take the following steps:

1. Strengthen your password 

If you are the type that uses common terms like "password," "freedom," "letmein" or "1234abcd", you are putting yourself in danger because hackers can quickly get access into accounts just by typing common passwords. Also, your pets’ name, date of birth and mother's maiden name are not hard to find. You can pump up the strength of your password by using a random combination of special characters, numbers, and letters different for each account.

2. Be cautious when shopping online.

Every Tom, Dick, and Harry can host a website for as cheap as $30. With that in mind, criminals can create a fake online shop with meager prices for in-demand products to lure you to submit your credit card information and personal detail. Be wary of any online retail shop you have not heard of before.

3. Secure your smartphone

For many people, their smartphone houses all their personal information, and you can quickly get access to their social media accounts, banking and credit account, and email. Ensure your phone home screen is password protected, and the password must be strong.

4. Protect your social security number

Make sure you protect your social security number as best as you can since it is the key to all your data. Whenever a corporation or person asks for your SSN (social security number), always ask why it is needed and how protected it'll be. Do not carry your card along with you.

5. Check your credit reports often

Everybody is entitled to one free credit report yearly from each of the three primary credit reporting bureaus. Make it a habit of requesting a credit report every four months so you can check for incorrect or suspicious information throughout the year.

6. Stay alert 

 No matter how careful you may be, you could become a victim. Whenever you go to a public place like a restaurant, do not place your card on a table. A greedy restaurant employee could use his or her phone camera to take a photo of your credit card without you being aware. Inculcate the habit of checking your card regularly because the quicker you detect a problem, the faster you can solve it. 

For more tips on how to prevent identity theft, talk to your finance officer.

About the Author
Author

Joe Kolak

I grew up in Wisconsin, the son of an elementary school principal and the best stay at home mom ever. With that background, I bring Midwest work ethic and values into whatever I do.

I’ve owned a few businesses over my lifetime, and have also been part of a fortune 500 company. I’ve lived in Colorado, Wisconsin, Minnesota, and now Florida. When I'm not working, you might find me skydiving, scuba diving, snow skiing, Harley riding, traveling, or boating down in the beautiful Florida keys. I’ve spent the last twenty years with the girl of my dreams, and we’ve been down here enjoying everything the Jax beaches have to offer together since 2005. We’ve peddled our bicycles all around the beaches looking at real estate, watching the evolution of the beaches, and have even collected a few properties along the way.

If you’re looking for a Realtor with experience at the beaches, give me a call. Moving here from up North, welcome! Give me a call when you’re in town, I’ll give you a tour. Selling your home here? Give me a call, I have the marketing plan. The one thing my past has taught me, all success comes from customer service, period. I won’t leave you in the dark. I’m in one of the top producing offices in Northeast Florida, surrounded by professionals willing to do whatever it takes to make your real estate transaction as pain free as possible. Give me a call, I would love to help you accomplish your goals.