Friday, September 19, 2014

Personal Identity Management

Why Is It Important?
  • Protection against identity theft
What Is Identity Theft?
  • When someone uses the personal information of someone else without permission to commit fraud
  •   Personal information is used to obtain goods and services
  • Can disrupt finances, credit history, reputation
  • Can take time and/or money to resolve
How to Protect Your Information
  • Read your credit reports
  • By law, you’re entitled to 1 free credit report every 12 months from each of 3 credit reporting companies
o   Verify you’re on the correct site
o   Order all at once, or order one every four months
  • Review bank, credit card statements as well as EOB from health plans

o   Look for unusual / unrecognized accounts or activity
o   Other Steps
§  Shred documents that show any personal info
§  Avoid phishing emails / websites
§  Don’t give out personal info unless you trust the receiver and know who it is
§  Use strong password practice online
§  Use anti-virus/spyware software and keep it up to date
  • Sometimes there’s not much you can do
  • ID Thief works at a business that has your information
  • Data breaches
Red Flags
  • Anything you don’t recognize in your credit report, bank/credit card statements, EOB from health plan
  • Unexpected denial of credit
  • Bills that don’t arrive as expected
  • Unexpected bills or account statements

What to Do If Identity Is Stolen
  •  Contact security or fraud departments
  • Flag credit reports with a fraud alert
  •  Order your credit reports
  • Create an identity theft report

o   File a complaint with the FTC at www.FTC.gov/complaint
§  Creates an FTC Affidavit
§  Take FTC Affidavit to local police (or police where theft occurred) to file a police report
§  Obtain a copy of the police report

Data Breaches
  • Use any free ID Protection services offered

o   Pay attention to any caveats
o   Home Depot offering free service to customers who've used a card at a store from April 2014 on  https://homedepot.allclearid.com/

www.consumer.ftc.gov -> Privacy & Identity

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