Identity Theft Someone steals your personal information for his/her own gain It’s a crime!
Personal Information Social Security number Credit card number Bank account information Driver’s license number Computer password Address & phone number Mother’s maiden name Student ID number & password
Statistic 29% of identity theft victims are between the ages of 18-29 Federal Trade Commission, 2005
Common Forms of Identity Theft Stealing or diverting mail Dumpster diving Watching or listening as someone enters PIN or credit card number Stealing wallet, purse, backpack, cell phone, or computer Finding information in someone’s home
Common Forms of Identity Theft Hacking into a computer or redirecting user to bogus website Phishing Voice phishing – vishing Stealing databases from businesses, schools, etc.
How is personal information used? To purchase goods or services To open new credit accounts To steal money from the victim’s account(s) To sell information to other criminals To commit other crimes
Reducing Your Risk Don’t be intimidated Guard your personal information Check your credit report regularly (age 18) It’s OK to say NO Protect your Social Security number
Online Shopping Know who the seller is Know what is being purchased Know how much it will cost Charge it Know the terms
Warning Signs of Identity Theft A driver’s license has already been issued in your name Denied student loan, credit card, or apartment Unsolicited credit card offers Calls or letters from credit collection agencies Telemarketers calling to speak to you by name
Other Warning Signs Accounts listed on credit report they didn’t open Unexplainable charges on accounts Fraudulent or inaccurate information or credit report A missing bill or statement Getting credit cards you didn’t apply for
What to do if Identify Theft Occurs Place a fraud alert on your credit file Get a free credit report Close accounts that have been compromised File a report with the Federal Trade Commission (FTC) File a police report