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Awareness Tips: Identity Theft Prevention/Protecting Your Privacy

Technology has spawned a new breed of criminals called identity thieves. In today’s world, individuals are required to share personal information every time they engage in business or personal transactions.  Identity thieves gather an individual’s personal information without their knowledge and then use the information to commit fraud, or theft.

The experience of having your identity stolen has been described by victims as “life altering”.  Often the victim is unaware that their identity has been stolen until it is too late.  It can take months/years and thousands of dollars to rectify the problems created by an identity thief.  Victims often experience bad credit ratings that can result in the refusal of loan applications for education, housing, cars, or even be prosecuted for crimes they didn’t commit.

FAQ:

How does an identity thief gather information?
  • Theft of wallets and purses containing ID and credit cards.
  • Theft of mail – including bank and credit card statements.
  • Posing as a telephone solicitor.
  • Observing ATM transactions.
  • Rummaging through trash looking for old bills and statements.
  • Fraudulent internet sites and scams.
  • Fraudulently obtaining credit reports.
  • Hacking into computer networks at work or at your home.
  • Sharing of personal information through social networking sites such as myspace and facebook.
How does an identity thief steal my identity?
  • Apply for new credit cards or cell phone accounts using your personal information, use the services and then not pay the bills.
  • Change the address on your current credit cards, bank statements or cell phone accounts to divert your mail to a different location, so you won’t notice any discrepancies in your billing statements,
  • Apply for new bank accounts using your personal information and then write bad checks.
  • Counterfeit checks or credit or debit cards, or authorize electronic transfers in your name, and drain your bank account.
  • File for bankruptcy in your name to avoid eviction or other collection practices.
  • Obtain identification like a driver’s license in your name, and use it and your name when they get arrested. 
  • Apply for a loan using your personal information and then default on the loan.
How can I avoid becoming a victim?
  • Obtain a copy of your current credit report at least once a year and review for discrepancies.
  • Never give out personal information, such as your social security number or date of birth, over the internet or over the phone unless you can verify that the inquiry is legitimate.
  • Never carry important personal documents such as your social security card, birth certificate, or passport unless it is absolutely necessary.
  • Cancel all unused credit cards and keep track of your current credit cards by reviewing statements on a monthly basis.
  • Memorize pin numbers and other important numbers or passwords; never write them down.
  • Shred all papers containing personal information before discarding, including bills, bank statements, receipts and credit card offers that are preprinted with your name.
  • Password protect and/or encrypt PDA’s, computers, cell phones, zip drives and any hardware of any kind that contain sensitive personal information.
  • Avoid becoming the victim of a scam and use common sense; remember if it sounds too good to be true, it probably is.
What should I do if I suspect I have been a victim of identity theft?
  • Contact your credit card companies and banking institutions.
  • Contact your local police department and the police department where you believe the theft took place.
  • Contact the Drexel Department of Public Safety to report any suspicious activity on campus.
  • Contact your local post office to report suspicious activity with regard to your mail.
  • File a complaint with the Federal Trade Commission and complete the Identity Theft Complaint Form available at www.ftc.gov/bcp/edu/microsites/idtheft/consumers/filing-a-report.html.
Where to get help
Equifax  www.equifax.com
Experian  www.experian.com
Trans Union  www.tuc.com
Social Security Administration  www.socialsecurity.gov
FTC Bureau of Consumer Protection  www.ftc.gov/bcpUnder Federal law, every person has the right to receive a free copy of their credit report once every 12 months from each of the three nationwide consumer reporting companies. To request a free annual report under that law, go to: www.annualcreditreport.com.



 


 Modified: Thursday July 17 2008