How does one react when someone pronounces your name wrong as well as calls you with some other name? It’s so troublesome, right? What if, someone takes a loan from the bank employing your name? Or, exhaust your credit limit which you have no idea in relation to? Scary, isn’t it?
Identity theft is the most common web threat which is growing immensely. According to 2017 Identity Dupery study, a record 15. 4 million Americans were victimized by identity theft; an increase by more than 2 zillion victims from the previous year.
So , what is exactly identity theft?
It is illegally obtaining someone’s personal
information that becomes one’s identity, such as address, social security
number, date of beginning, Aadhar Number, credit card number, bank details etc .
Currently, a cyber-criminal can manipulate and misuse the information with as
many ways as he wants to.
How do you know when you have been recently victimized?
The biggest concern about identity threat is persons often
realize it much later. If you think, your identity is stolen, instead of sitting
there, bewildered, you must be proactive to recognise the warning signs and
prevent yourself from a grave financial or simply reputation damage.
Here are some signs that your identity has been compromised:
1 . Error in bank or credit card statements:
Have a tendency ignore any unauthorized transaction no matter how small the amount is. This may be a hint before transacting a large amount of money. The trick is actually aimed at testing the account if a charge will go by. Every major bank let their customers track their charges instantly online or via a dedicated smartphone app. Therefore any suspicious activity on your account must not be neglected anyways. Don’t wait for a monthly statement but regularly monitor your credit reports and all your financial accounts to recognize fraud at once.
2 . Failing to receive bills and e-mails:
Follow up with your creditors if your bills are not arriving on time. “Identity thieves will probably steal victims’ mail-and in some cases change their mailing handle via the Post Office to a fraudulent address they’ve build, ” says security consultant Robert Siciliano. This could be the sign that an identity thief has intruded.
3. Receiving payments for purchases you didn’t make:
Thieves may invest in goods or avail services under your name in addition to exhaust your credit limit. If you start receiving bills and also notices of overdue payments which you have no idea about, in that case somebody might have stolen your identity to gain financial gains. Pay attention to your incoming and outgoing bills and arguments both in your inbox and mailbox. If this happens, you must explain to your creditor that you have been a victim of identification theft and it’s not your debt. Also, file a police force report to avoid further allegation.
4. Tax return terminated:
If this happens, you have more reasons to worry. An identity thief might have filed a tax return in your name to help walk off with a fraudulent return. While filing your personal taxes, if you receive a notice that a filing has already been manufactured under your social security number or your return is rejected regardless if there is no typo and your social security number is absolutely correct, then you can find high chance that your identity has been compromised.
5. Records security problem reported by your employer:
It’s not a big deal to get hackers to know about your current or previous employer, thanks to web 2 . 0. If someone gets hold of your social security number and the name on your current employer then it’s not very difficult for him to accumulate unemployment benefits in your name. In that case, you might get informed concerning this somebody from the Human resource.