How the Security Industry is Helping to Prevent Identity Theft

Plagiarism is unlawful in terms of duplicating content which is quite similar to copying someone else’s identity and claiming it as your own. Identity theft is fast becoming a worldwide scare as more victims’ identities were found to be replicated and used for filing tax returns, health insurance claims, and loans or credit lines. In fact, according to CNN Money, an estimate of one fraudulent incidence happens every two seconds which has roused alarm and panic especially in the United States.

The security industry is certainly on high-alert with identity theft incidences on the rise since 2013. Security guards manning their posts take extra precautionary measures in ensuring that their clients and employers are safeguarded from technologically-savvy criminals who are lurking over the internet as well as those who are eyeing your wallet or smartphone.

How does the security industry handle all of these scary tactics? Well, they certainly have implemented better safety protocols to help ensure that our personal identity is protected at all times such as the following:

  • Surveillance cameras in place. Security cameras must be set up strategically in the right locations of the building. These cameras must be closely monitored to ensure that everyone is followed and observed for any unscrupulous behavior including all employees as well as guests or people who come in for official transactions. This helps security guards to respond in times of danger tro limb and property as well as to prevent any forms of identity theft from taking place.
  • Strict screening of employees and guests. This measure ensures that no intruders can permeate into the workplace. The security post must be manned at all times such that everyone who enters the building must be frisked and scanned for any illegal or dangerous items that they could be carrying like firearms, drugs, or any illegitimate software or devices for copying vital information. Security officers also look for proper IDs and formal business requests before allowing other people to enter the vicinity. They just don’t take someone’s word for it and makes sure that everyone presents valid IDS and official documents before they are allowed into the premises. Nobody is also allowed to take any office document (softcopy or hardcopy) out of the office without proper verification.
  • Take advantage of paper shredding services. Office documents as well as personal documents are very important that should be dealt with utmost confidentiality. When placed in the wrong hands, this information can be used to commit identity theft and fraud. Paper shredding services are custom-fit to your budget and security requirements whether you need documents to be shredded one-time or you would need regular paper shredding services. Important documents are reduced to confetti sizes which are impossible to reproduce by identity thieves. It’s not just paper or documents that can be embezzled; thieves can also prey on your hard disk which contains different corporate or personal files stored through the years. Hard-disk destruction is also offered by the same paper shredding services to ensure nothing gets pilfered or stolen.

Just when you thought your trash could be filthy enough to prevent identity thieves from diving into it, you’ll realize then that this is literally and figuratively some sea of opportunity for them and they certainly won’t hesitate to take the plunge just to get hold of bits and pieces of financial information from you. This is definitely a scary scenario for families in the United States and in all points of the world.

When it comes down to it, it is important to use the best security guard equipment to ensure the safety of the public.

The security guard industry refuses to be intimidated or bullied by identity thieves who profit from other people’s identities. With identity theft and fraud, criminals are not just raking money; they are also toying with people’s lives and ruining reputation with raw documents at hand. This is why security precautionary measures have  been placed to ensure safety and confidentiality of information.

 

 

How Identity Theft is Affecting the Economy

Being a victim of identity theft, you suffer trauma and it impacts different facets of your life. It affects the victim’s emotions, health, finances, social relations, and the economy in general. Identity theft happens every day – to individuals and corporations alike. Identity theft is a crime of many shapes and forms which circles around the misuse and abuse of stolen personal or corporate information.

The stakes are definitely high with the increase in identity theft victims each year. A 2012 research shows that around 16.6 million Americans have experienced identity theft during that year which reported financial losses amounting to over $24.7 billion. In the corporate scene, a rough estimate of over $50 billion is said to have been lost due to identity fraud while businesses have spent around $1.5 billion to repair and avoid losses brought about by fraudulent claims. Company losses would ultimately result to major retrenchments in the industry which affects overall economic and financial equilibrium.

The numbers just start spiking especially with recent data that the costs and losses of identity theft in the United States have peaked at $100 billion per year. There is indeed no exaggeration that identity theft is exploding and is now a lucrative business for a lot of crooks who are eyeing private confidential data as investments that is worth billions of dollars. In fact, according to recent data from the U.S. Department of Justice, credit card data theft is has exponentially increased at 50% from 2005 all throughout 2010.

What is even more horrendous is the fact that identity theft is fast exceeding the numbers of traditional theft. Security analysts believe that criminals know for a fact that hacking into corporate websites or hard drives are more profitable than doing the traditional route because they are able to steal vital data like credit card numbers and bank account details by millions.

The economy is continually exhausted financially by identity theft crimes happening in all parts of the world. The losses and damages are staggering in proportions and extent because most merchants or businesses invest on top-of-the-line preventive measures – from the best security personnel to information security programs – that would keep identity theft at bay and repair damages caused by this crime of the century.

Repairing and recovering from identity theft bears a hefty price tag for the economy. Banks and other financial institutions are more knowledgeable now and can spot fraudulent activity in action which helped them become proactive than reactive in setting up layers of security defenses to protect their clients from being victimized by fraudsters. They have also painstakingly covered for the losses which made clients felt protected and secure with their investments; but economists doubt that such would even be sustainable in the long haul.

Point-of-sale hacking has also dramatically increased. McAfee, a software security company, has discovered around 130 million malware programs from the internet which are designed to cleverly infiltrate point-of-sale systems and steal customer data. Computer systems are vulnerable to hacking which means merchants cannot really assure clients that their data is 100% protected online.

The economy is trying to buffer itself with continuous slams and financial losses brought about by identity theft. Losses incurred due to identity theft and fraud has incremented over the years which is putting a lot of toll in the economy today and can affect the future. Most businesses would not bother pushing through police investigations because it can be lengthy and expensive while the chances of solving these crimes are quite slim. As a result, identity thieves get away scathe-free. Their mechanisms have even become more sophisticated the recent years. People must really be diligent in monitoring their credit and also in setting up more alerts to extensively protect personal and corporate data for long term.

What to Do if You Fall Victim to Identity Theft

What to Do if You Fall Victim to Identity Theft

Identity theft has caused a massive scare not just for the corporate industry but for every individual in the United States. Around 70 million Americans are said to have been affected by identity theft or data breach at one point or another. This is also tops the list of consumer complaints as filed with Federal Trade Commission for 13 straight years and odds are, it’s still going to be on its peak in the coming years.

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Your information is sacred and identity thieves would do everything to breach every security measure just to tap into that proverbial goldmine. Identity theft takes in many forms and if you believe you have been a victim of identity theft, here’s what you do to redeem yourself:

  • Safeguard your social security number. If you think your social security number has been hijacked and put into compromise, then you must report this immediately to the Internal Revenue Service (IRS) and Social Security Administration (SSA). If you have some reason to think that your SSN has been compromised, even if there are no solid evidence yet, you have to report that to SSA because the culprits could be planning on applying for a job under your name or filing for a tax refund. You should also get in touch with the Postal Inspection Service if the identity thief filed for a change of address under your name.
  • Place a 90-day fraud alert on your credit reports. If you have indicated a fraud alert on your credit report, this informs creditors and lenders that they should verify identity before approving any credit. All three credit reporting agencies – EquiFax, TransUnion, and Experian – will be alerted once you report to one of them.
  • Freeze your credit reports. This is also another security option that you can explore. With the security freeze in place, new loan applications will automatically be declined. This service is offered for free to identity theft victims, there is however a fee for those who are non-victims of identity theft but would like to freeze their credit lines.
  • Get in touch with the Federal Trade Commission. First thing to do is file and Identity Theft Affidavit at the FTC plus create your Identity Theft Report. You can file these at your own convenience – online, mail, or phone. FTC will guide you on what steps to take on next depending on the kind of identity theft or fraud committed.
  • Go to police authorities and file a police report. Proceed to your local law enforcement office to file a police report of the identity theft or fraud incidence. Make sure that you get a copy of the police report. The Identity Theft Affidavit from FTC combined with the police report will make up your Identity Theft Report. This will serve as your first layer of defense and proof that you are a victim of identity theft.
  • Put a stop on check payments. If you happen to be a victim of bank fraud, put stop payments on your checks. Close your accounts and open new ones. Contact check verification company and get a copy of your file to check for fraud.
  • Report lost or stolen ATM cards. Be sure to report any problems encountered with your ATM cards especially if you lost it or it has been stolen to prevent any unauthorized withdrawals from your account. Check your account statements. Close your account; get a new card and password.

Did you know that some perpetrators of identity theft are actually people you know, a Facebook friend, or could be someone living next door. This is a dangerous scenario for your family especially because the identity thieves are using deceptive moves to stall and steal personal data. If you have fallen prey to these identity predators, make sure that you immediately report to the proper authorities and financial institutions so that you can beat the villain at his own game.

3 Best Ways to Prevent Identity Theft

3 Best Ways to Prevent Identity Theft

If you let your guard down thinking that only celebrities would be vulnerable to identity theft – think again. Yes, many celebrities like Beyonce and Britney Spears have fallen prey to identity theft; but if this can happen to the bigwigs, then it can possibly happen to you.

For identity theft to materialize, they only need a few private details such as your personal identifying information (PII) that includes your full name, date of birth, mother’s maiden name, address, phone number, driver’s license numbers, social security number, bank account numbers, and credit card details. These are stolen so as to commit fraud in forms of filing taxes, applying for loans, or getting allied medical services; among others – which are all intended for personal gain.

All of these could start from a harmless phone call asking you to verify your credit card information, losing your wallet with important IDs in it, clicking on email links which are actually phishing for private information, or even credit card bills or bank statements thrown in the garbage bin. Identity thieves are certainly out to get you and just waiting for the right opportunity for you to let your guard down.

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Here are 3 best ways to prevent identity theft and protect your reputation:

  • Protect your identity online. You need to be able to strengthen your personal security whenever you are shopping online, checking emails, or engaging in social media. You need to start with a strong password that will be very hard for identity thieves to guess or hack into. Make use of symbols and numbers and never use one password for all your email and social media accounts online. Make sure that you use a unique password for each account. Whenever you shop online, be sure to check the SSL certification of the site to make sure that your transactions are kept secure and confidential. Also, do not click or open phishing emails which could be soliciting important information such as verification of your PIN codes or passwords.
  • Shred documents before throwing them into the garbage can. Invest in a paper shredder to make sure that you leave no documents bearing your social security number, credit card details, or bank account numbers that identity thieves can dig into in dumpsters just so they can apply for a credit line in your name or other unforgivable things they can think of with such valuable data in their hands.
  • Keep your wallet secure. Your wallet is definitely identity thieves’ best bet to getting your personal identification information because your credit cards along with important IDs are all stacked up in one secure place and could be very dangerous when placed in the wrong hands. Be sure to keep your wallet in a secure place, right at your front pockets or in a hidden compartment in your bag. Keep your documents at minimum and don’t bring all your credit cards when going out. Also, do not write down email passwords or PIN codes and keep it in your wallets along with your debit and credit cards.

Identity theft is listed in 2008 as the top crime complaint of individuals in the United States alone. It stirred even more attention in 2012 when 12.6 million identity theft cases were reported. Your personal information can be stolen right under your nose because thieves lurk both online and offline – the culprit could even be someone you know and trust.

Almost anyone can fall prey to an identity thief except for those who have poor credit scores or are blacklisted. You alone are responsible for protecting your data and must guard important information and documents by being aware and proactive of how identity theft is being carried out in your country or other tactical ploys done in the rest of the world. Once you are familiar with these scams, you will know how to keep your defenses up and to protect yourself from these identity predators.

What is Identity Theft?

What is Identity Theft?

Shady individuals can take on another identity and claim it as their own. With the rise of new media and technology, criminals have also gone stealth mode and adapted like a chameleon to new ways of doing identity fraud.

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Identity theft is a commonplace offense that is rampant at various points of the world and is even committed over the World Wide Web. Tons of information is uploaded in social media and the rest of the internet marketplace which makes vital data openly disclosed to the rest of the world. This makes your personal or private data vulnerable to identity theft by lewd cybercriminals that hoard the internet of information every day.

Identity theft takes place when a person or an organization steals a victim’s personal information and use it illegally and for personal gain. Even a mere mention of your date of birth would be useful for accessing bank or social media accounts because verification process would almost always require you to indicate your date of birth. This makes even the smallest and most harmless detail crucial to a person’s safety and financial security.

Once a person is able to get hold of your personal and financial information, they can manipulate and use this in illegal endeavors such as in money laundering, cybercrimes, drug trafficking, illegal entry to countries, and smuggling illegal goods; to name a few. Stolen information can also be used for financial fraud such as bank fraud, telecommunications fraud, tax rebate fraud, and credit card fraud; among others.

Once a lawless criminal has taken hold of your private and personal information, you risk being suspected for involvement in a crime because the perpetrator could be using your identity in their transactions and documents which point every paper trail to you. This makes you a suspect of the crime and it would even be hard to prove your innocence with all evidences pinpointing you. If the perpetrator uses it for financial fraud, you could be in huge debt or worse, you could end up in jail. This also affects your credit rating and you could be blacklisted and miss a lot of credit opportunities.

Victims of identity theft are usually unharmed physically but their reputation is already tarnished or damaged because the criminals who have been using your identity along with all the personal information associated to your person could be using it for illegal transactions like extorting people for money or doing other serious crimes while hiding under your identity. In the light of innovations in technology and popularity of social media, exchange of information happens in the speed of light.

Although identity theft couldn’t be stopped at this point, you can protect yourself from falling as a victim of this crime by safeguarding your data. Limit what you post online and adjust privacy setting on your social media accounts like Facebook, Twitter, Instagram, and the like. Do not open any suspicious emails that could be relatively phishing for your private and personal data. You alone can are responsible for protecting your identity and personal data. Your identity and privacy as a person are sacred to you alone that must be safeguarded and should not be just be scattered all over social media as this could make you an easy prey or target for social predators proliferating the web.

Identity Theft

Identity Theft is a crime that haunts it’s victim for a lifetime. Though laws have gotten tougher, they still have a long way to go in really dealing with the crime as a whole.
Identity Theft is like opening Pandora’s Box, once opened a curse is released haunting the victim for life.

1 in 8 US citizens is estimated to become a victim of Identity Theft in 2006. Wll you be one of them?

What will you do? Who will you report it to? Where will you find people who really care and can help you recover?

Identity Theft nets thieves billions of dollars a year,and the problem is only growing. Thieves have found new approaches, new avenues, and are getting bolder by the day.

Identity Theft IS a crisis!

Who Are They? What Do They Want?

An Identity Thief can be a stranger in another country, your neighbor, a co- worker, friend, or employee where you shop.

Identity Thieves stay quietly hidden in areas we cannot legally reach, or they may be in our own backyard placing others in the position of taking the fall by how they design their schemes. They are Criminals and need to be stopped!

They want your good name and your hard earned money! They will stop at nothing to get what they want.

Cold Hard Facts!

FACT: Identity Theft ruins lives!

FACT: Identity Theft can cost you thousands of dollars and your creditworthiness!

FACT: A thief can commit crimes in your name for which you can be arrested!

FACT: A thief can get a job in your name for which you will owe taxes!

FACT: According to the Federal Trade Commission (FTC) 246,570,000 cases of identity theft were reported cases of in 2004.

FACT: Identity Theft can cost you your career opportunity!

FACT: You can throw road blocks in a thief’s way and I can teach you how!

FACT: Many victims do not find out about Identity Theft until damage mounts and they are refused credit.

 

FACT: Many people do not pay proper attention to their credit reports; this only delays discovery of the theft.

Do Not allow a thief to run off with your good name and your hard earned cash. Do all you can today to FIGHT BACK and trip him up every step of the way!

You can never be 100% protected and anyone who claims they can protect you fully is seriously misleading you. You can learn how to shield yourself from as much damage as possible, and give a thief one tussle after another when he tries to steal his way to your pocketbook.

Identity Theft is a life altering experience