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

Online Shopping cont.

Keep records Be sure website is secure Enter payment information each time Read the company’s privacy policy Review website privacy seals

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