Credit Alerts — Giving You the Jump on ID Thieves
29 October 2015
Just about every internet service we use houses some amount of our personal data. Names, birthdays, addresses, emails, credit card numbers and passwords, are all pieces of personal information we have entered into social media platforms like Facebook and LinkedIn, online bank accounts and mobile payment apps. While storing this information on the Web has made everything from communicating with friends, sending gifts and buying groceries much easier and more convenient, it has also contributed to the rise of a potentially devastating problem: identity theft.
While we have become more and more comfortable entrusting our information to the internet, hackers and thieves have become more adept at not only stealing this data but using it for their own purposes, such as opening up new lines of credit in a victim’s name.
One challenge of online identity theft is that it is often more difficult to detect than having a credit card physically stolen, because nothing may seem amiss until the thief has already done significant damage. While it is impossible to completely prevent identity theft, signing up to receive credit alerts can help you identify possible security breaches as soon as possible.
Credit monitoring services, like Identity Guard, keep an eye on your credit activity even when you can’t, sending you credit alerts if they notice certain changes in your file that could indicate fraud. Receiving a credit alert will allow you to take quick action against identity thieves, like placing a freeze on your credit, to ensure they do not have a chance to do lasting damage to your credit score or bank accounts. The sooner you’re aware of any possible identity theft or credit fraud, the more effective you can be in stopping identity thieves in their tracks.
By signing up for a credit monitoring service you are signing yourself up for peace of mind, making a previously invisible crime more detectable.