Is Your Identity Safe?

How Does Identity Theft Happen?
Most identity theft is happening online. Clicking links from text messages, emails, or even being catfished. The link that you click could lead you to a fake website to input credentials or have you install an app that will be able to retrieve your passwords to important accounts.

Identity Theft Scams on the Rise:

• Synthetic Identity Theft

With synthetic identity theft, scammers mix real and fake information to create a new, false identity. They might use a real Social Security number alongside made-up details. This lets them open bank accounts, get credit cards, or even apply for loans—using a fake identity that feels all too real.

• Medical Identity Theft

Medical identity theft happens when someone uses your personal medical information to access healthcare services, prescription drugs, or medical devices. This can leave you with unexpected medical bills or inaccurate records, which can complicate future treatments. It’s a frustrating situation, but knowing what to look for can help.

• Account Takeover Fraud

In account takeover fraud, scammers take control of your online accounts, like banking, email, or social media. This often happens through phishing emails, weak passwords, or data breaches. Once inside, they can drain your funds or steal even more personal details. It’s scary, but there are ways to protect yourself.

• Deepfake and AI-driven Identity Theft

As technology advances, criminals are using tools like artificial intelligence (AI) to create deepfakes—fake videos or voices that look and sound just like real people. They can use these to trick others into believing they are someone else. It’s a high-tech problem, but you don’t need to be a tech expert to fight back.

Ways to Protect Yourself

No solution is foolproof, but there are simple steps you can take to protect yourself and lower the chances of becoming a victim:

Use Truecaller - a Caller ID & Scam Blocking app
The app helps identify unknown calls and messages, and will even identify scam numbers in real time! People around the world are actively reporting numbers as scams, writing comments about their experience, and you can even see statistics about that scammer’s call patterns.

Use Strong and Unique Passwords

Use passwords that are tough to crack—mix letters, numbers, and symbols. Avoid reusing passwords across accounts. A password manager can be a handy tool to create and store them safely.

Enable Multi-Factor Authentication (MFA)

MFA adds an extra layer of security to your accounts. After entering your password, you’ll need to verify your identity again, like with a code sent to your phone. It’s like adding a second lock on your door, making it harder for scammers to break in.

Monitor Your Credit Regularly

Keep an eye on your credit reports for anything unusual, like new accounts you didn’t open. It’s one of the quickest ways to spot identity theft early. Many places offer free credit monitoring services, so take advantage of them.

Consider Identity Theft Protection Services

Some services can keep an eye on your personal information and alert you if they spot something suspicious. While they can’t prevent identity theft, they can make the recovery process smoother if it happens to you.

Secure Your Devices

Keep your phone, computer, and other devices updated with the latest security patches. Use antivirus software and strong passwords to keep hackers out. It’s a simple habit that can go a long way.

Shred Important Documents

Even in today’s digital age, physical paperwork can still be a goldmine for thieves. Shred any documents with personal information - like bank statements or medical bills - before you toss them out.

Identity theft can happen to anyone, but you can take steps to protect yourself. Staying informed about the latest scams and being careful with your information can make a big difference. And if you do become a victim, don’t panic. Report it to the authorities or your credit bureau right away. They can help you limit the damage and start the recovery process.