Identity Theft

You wouldn’t think a child’s toy could lead to a breach of your personal data. But this happens all the time.

What about your trash can sitting outside? Is it a treasure trove for an identity thief?

Many everyday objects can lead to identity theft.

Old smart phones

Our smartphones and tablets have become extensions of ourselves, storing a vast amount of personal information. If lost, stolen, or compromised, these devices can provide unauthorized access to sensitive data, including emails, contacts, financial apps, and social media accounts.

Make sure you clean any old phones by erasing all data or destroying the device.

Wireless printers

Protect wireless printers by ensuring you keep their firmware updated. You should also turn it off when you don’t need it.

Trash can

Identity theft criminals aren’t only online. They can also be trolling the neighborhood on trash day. Discarded items in your trash can reveal personal information that identity thieves can exploit. Dumpster diving is a common tactic used to extract valuable data, such as bank statements, credit card receipts, or pre-approved credit offers.

Always shred or destroy any documents before disposing of them, even those that may not seem sensitive at first glance.

It’s also wise to invest in a cross-cut shredder, which provides better protection compared to strip-cut shredders.

USB sticks

You should never plug a USB device of unknown origin into your computer. This is an old trick in the hacker’s book. They plant malware on these sticks and then leave them around as bait.

Old hard drives

When you are disposing of an old computer or old removable drive, make sure it’s clean. Just deleting your files isn’t enough. It’s best to get help from an IT professional to properly destroy your old computer hard drive.

We have a special drive crushing tool at Tech Experts – just let us know if you need some drives recycled.

Physical documents

Physical documents, such as bank statements, bills, medical records, and tax documents, contain a wealth of personal information. Disposing of them carelessly or leaving them unattended can be an open invitation to identity thieves.

Always shred sensitive documents before discarding them, especially those containing financial or personally identifiable information. Furthermore, consider digitizing important documents and securely storing them on encrypted devices or cloud platforms with strong authentication measures.

Children’s IoT devices

You should be wary of any new internet-connected kids’ devices you bring into your home. Install all firmware updates and do your homework.

ATMs

This is called skimming. Malicious actors can use hidden devices on ATMs or card readers to steal your card information during transactions.

Identity theft can have devastating consequences, impacting both your personal and financial well-being.

Safeguarding physical documents, securing mail, keeping wallets and purses safe, protecting mobile devices, and properly disposing of personal trash are essential steps in minimizing the risk of identity theft. Remember, vigilance and informed decision-making are key.

The numbers are staggering: according to the 2007 Identity Fraud Report, identity theft cost consumers and businesses a whopping $56.6 billion dollars.

Identity theft occurs when someone steals your name, Social Security number (SSN), bank account number, or credit card to open accounts, make purchases, or commit other fraudulent crimes.

The Methods They Use to Steal Your Identity
The methods identity thieves use include low tech strategies (like going through your trash can, also known as “dumpster diving”) to highly sophisticated phishing scams that include cloned PayPal or bank websites that trick you into giving your username, password, or account number.

Other ways include:

• Stealing records from an employer or bribing an employee who has access to the records.
• Hacking into the company’s employee records.
• Stealing mail, such as bank account or credit card statements, tax documents, pre-approved credit cards, or new checks.
• Abusing employer’s access to credit reports.

How Identity Theft Affects You
Once someone has stolen your identity, they can use your credit cards or bank account to purchase expensive consumer goods like computers and electronics that can easily be resold for cash.

They can also open and charge up new credit cards, which can be a real mess to straighten out with vendors and credit reporting agencies.

Other criminal activities include taking out auto loans in your name, opening a new phone or wireless service in your name, or writing counterfeit checks to drain your bank account. Some have even used it to file for bankruptcy to avoid paying debts they’ve incurred.

How to Protect Yourself and Your Employees
Never give your personal information, Social Security number, credit card number, or bank account numbers over the phone or online unless you know for certain you are dealing with a legitimate company.

Make sure your employees are given an AUP (acceptable use policy) that educates them on the dangers of phishing scams and spam e-mails designed to either trick you into giving your information or installing a virus that secretly steals the information stored on your PC without your knowledge.

You can recognize a secure website, as it has an https:// at the beginning of the web address (regular web sites only have http: and no “s”) at the top of the page on which you are submitting your information.

It also must have a picture of a lock in the bottom right corner of the page. If you don’t see both of these measures in place, do not submit your information.

And even if you DO see this, use a credit card instead of a debit card or pay by check option because you’ll get security protection from your card’s issuer.

Visa, MasterCard and American Express all have a zero liability policy. If you notify the bank of unauthorized trans-actions, you pay nothing.

Shred all medical bills, financial statements, credit card applications, tax statements, or any other mail that contains confidential information about you before you throw them into the trash.

Never open e-mails or attachments from e-mail addresses you are unfamiliar with, and NEVER respond to e-mails that ask you to verify your account information because your account is being closed, suspended, or charged.

If you want to verify this, call the bank or the company to see if it was a legitimate e-mail.

Signs That You’ve Fallen Victim to Identity Theft  
If you see any unexplained charges or withdrawals from your bank accounts, if you receive credit cards that you did not apply for, or if you start receiving bills or collection letters for items you have not purchased, someone may have stolen your identity.

Always follow up with the business or institution to find out exactly what is causing the situation as quickly as possible. The faster you act on identity theft, the easier it will be for you to clear your name.