Today, most people love the convenience of doing their business online. This includes personal banking, shopping and paying bills just to name a few. Making transactions online, however, requires you enter some very valuable and potentially risky personal information. These includes data such as your:
- Full name
- Card number
- Social security number
While most of the companies (we hope!) perform legitimate business online, there are people waiting to get their hands on your personal information and identity details for ID theft, scamming and other fraudulent activities. As a result of this, you must be careful with what you do with your information.
To protect yourself and keep the risk at a minimum, you should always:
- Monitor and track your financial accounts – you can ensure that your privacy is protected by updating your bankbooks frequently and dedicating specific dates to speak to your personal banker. If there is any questionable activity on your accounts then it is best to realize sooner than later so that the damage will not be extensive.
- Don’t let your card out of your site – if you are at the store and you decide to pay for your purchase with your card then try to avoid leaving it on the counter even to scratch your head. Do not risk anyone viewing your card number or any other details that are written on it. People are able to use the smallest bit of information to commit cyber crimes.
- Avoid storing passwords in your phone or writing pin numbers on paper. It is true that numbers are hard to remember, especially when you have multiple cards. As a result many of us write this stuff down, even when we know better. Whether you keep this info in your phone or your purse, it’s not safe from the hands of someone determined to look for ways they can compromise your money and your identity.
There are many institutions and laws that pertain to cyber security. These are certainly there to protect you but obviously you cannot rely on that system solely to be completely guarded.
For information on ID Theft solutions and precautions available, check out our identity theft services page.