Identity theft occurs when someone steals your personal information, such as your name, address, social security number, or credit card numbers, to commit fraud. This can happen in various ways, including phishing scams, data breaches, and stolen wallets. It's essential to be aware of the risks and take steps to protect yourself from becoming a victim.
To protect your identity online, it's crucial to be cautious when sharing personal information. Avoid using public Wi-Fi or unsecured networks to access sensitive data. Use strong passwords and enable two-factor authentication whenever possible. Keep your operating system, browser, and antivirus software up-to-date. Be wary of suspicious emails and links, and never give out your financial information unless you're on a secure website.
If your identity is stolen, act quickly to minimize the damage. Contact your bank and credit card companies to report any suspicious activity. Place a fraud alert on your credit reports with the three major credit reporting agencies. Report the incident to the Federal Trade Commission (FTC) and file a police report. Monitor your accounts closely and consider freezing your credit to prevent further unauthorized access.