Protect Your Identity
Did you know that up to 500,000 individuals each year are victims of identity theft, a fast-growing form of fraud? “Identity theft” or “account takeover fraud” involves criminals stealing a person’s personal information. These criminals assume a person’s identity and apply for and use credit in the victim’s name, harming the victim’s credit record.
The following security tips can help you protect yourself and your money.
- Keep your important papers secure, shred documents with sensitive information before you put them in the trash, and limit the personal information you carry with you are among the ways you can protect your identity.
- Use strong passwords for all your accounts. A strong password will have eight or more characters, including letters, numbers and symbols.
- Keep a close eye on your bank statements watching for any unusual transactions. *Download SHAZAM BOLT$ for free on your mobile device to monitor your account 24/7.*
- Don’t use any part of your social security number as a password, user ID or personal identification number (PIN).
- Don’t respond to emails that claim to be from your bank (or any other company) requesting your account details.
- Be mindful of how much personal information you share on social networking sites. The more you post about yourself, the easier it might be for someone to use the information.
- Keep sensitive personal information and bank account numbers/passwords off your phone.
- Keep your computer operating system, your Web browser and your mobile device software up to date with the latest security patches.
- Each year, obtain a copy of your credit report to make sure your repayment information is being correctly reported. If you have recently been denied credit, you are entitled to a free credit report within 60 days of the date you receive notice of such denial. Under other circumstances, you may be charged a small fee. You can call any of the three national credit reporting agencies to get a copy of your credit report: (1) Transunion 800-888-4213; or (2) Equifax 800-685-1111; or (3) Experian 888-397-3742.