Jane noticed suspicious charges on her bank statement, so she contacted her banker. After further investigation, Jane realized her identity had been stolen. Not only did the thief rack up charges on her credit card, but he used her information to file a tax return and register a scam business. Jane is now thousands of dollars in debt and has spent hours trying to reclaim her identity. Don’t be a victim like Jane – take steps to prevent identity theft from happening to you.
Identity theft (ID theft) is the fastest growing crime in America, with 11.7 million incidents per year and consumers losing more than $1.6 billion, according to the Federal Trade Commission (FTC). With these numbers on the rise, it is important to be aware of common identity theft trends, how to protect yourself from becoming a victim and what to do if it happens to you.
What is Identity Theft?
Identity thieves steal your personal information and assume your identity – usually on the internet or with fake identification documents ordered online. Armed with all of your personal details, they can quickly access your bank account, run up credit card expenses, register a business, get medical treatment on your health insurance or even file a tax return in your name and have the refund sent to them.
It’s not always possible to know when someone has gotten hold of your personal information and plans to use it (or is already using it!) to benefit themselves and cause you harm. However, if you notice any of the following, take action right away:
Immediate Action Items
If you become a victim of identity theft, you should immediately:
Additional Steps to Take
How to Protect Yourself
Recovering from ID theft can be a lengthy and time-consuming process— and don’t think individuals are the only targets of this crime, your business is at risk, too. Be sure to follow these steps and securely keep as many records and documentation of the process as possible to protect yourself and your business.
For more information on how Revere protects its customers’ information, call 866-950-5784 or email firstname.lastname@example.org.
Check out this article featured in the Severna Park Voice.
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