Only log into your online banking and financial institution sites from home or a secured location. This may seem simple, but it can be easy to forget.
2. Don’t use a debit card for online purchases.
A debit card is directly connected to your checking or savings account, so if there is fraud, your account can be drained — ouch!
A credit card is just that, credit. If there are purchases you don’t recognize, you can dispute them without your funds having already been withdrawn from your account. Consider having one credit card specifically for that purpose.
3. Monitor your accounts monthly.
When you go “paperless,” it can be easier to neglect checking your statements. Be sure to review your bank accounts and credit card statements regularly to make sure they are correct and to watch for unauthorized purchases.
4. Simplify your financial information.
When you have multiple accounts and can fan out your credit cards like a deck of playing cards, it’s a challenge to stay on top of things. Consider paring down your accounts in order to better stay on top of them.
Also consider using an aggregation service, such as Mint.com, so all of your accounts and daily transactions are viewable with one single sign-in. This can help you easily stay on top of your account activity.
5. Check your credit information regularly and take advantage of free (or low-cost) credit monitoring services.
One problem with identity theft is that you may not know what you don’t know. If someone opens an account in your name and changes your address, you are left in the dark.
Subscribe to a credit monitoring service, like ID Theft Protection from First Financial. Don’t wait until it’s too late! Check out First Financial’s ID Theft Protection products – with our Fully Managed Identity Recovery services, you don’t need to worry. A professional Recovery Advocate will do the work on your behalf, based on a plan that you approve. Should you experience an Identity Theft incident, your Recovery Advocate will stick with you all along the way – and will be there for you until your good name is restored and you can try it FREE for 90 days!*
Our ID Theft Protection options may include some of the following services, based on the package you choose to enroll in: Lost Document Replacement, Credit Bureau Monitoring, Score Tracker, and Three-Generation Family Benefit. To learn more about our ID Theft Protection products, click here and enroll today!**
6. If you see something, report it right away.
If you suspect that your identity has been compromised, you can place a fraud alert on your credit file by calling any one of the three major credit reporting agencies shown below. A fraud alert is a notation on your credit file to warn credit issuers that there may be a problem. The credit issuer is asked to contact you at the telephone number that you supply to validate that you are the person applying for the credit.
In accordance with the Fair Credit Reporting Act, it is permissible for consumers to request a free copy of their credit report once every 12 months from each of the three major credit reporting agencies (TransUnion, Experian and Equifax).
To order a free credit report: www.annualcreditreport.com
*Available for new enrollments only. After the free trial of 90 days, the member must contact the Credit Union to opt-out of ID Theft Protection or the monthly fee of $4.95 will automatically be deducted out of the base savings account or $8.95 will be deducted out of the First Protection Checking account (depending upon the coverage option selected), on a monthly basis or until the member opts out of the program. **Identity Theft insurance underwritten by subsidiaries or affiliates of Chartis Inc. The description herein is a summary and intended for informational purposes only and does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for terms, conditions, and exclusions of coverage. Coverage may not be available in all jurisdictions.
Article Source: Nancy Anderson for Forbes.com, http://www.forbes.com/sites/nancyanderson/2015/06/13/7-things-you-can-do-to-ward-off-identity-theft/