The cases of people hacking into other person’s individual data and using it to commit crimes have increased lately. For example, several people have reported their personal data being used to file tax returns, open financial accounts, or even secure passports. In an effort to curb these criminal expeditions, identity theft protection services use multifaceted technologies and tools to scan millions of websites and databases to identify and thwart suspicious activities.
Common Instances that ID Theft Protection Services Can Help
ID theft professional companies monitor, track, and alert you in case of suspicious activities. The following are instances that ID theft protection companies will come in handy.
Phishing: Phishing is nowadays the chief sham technique employed by scammers to trick individuals into giving out their private data. Phishing texts and emails look exactly like those you get from the official service providers.
Formjacking: This type of sham technology tricks victims into unknowingly exposing their personal information to malicious programs. Formjacking cyber-criminals usually add malicious programs on genuine website forms to collect your data when filling such forms.
Synthetic ID theft: Smart cyber-criminals collect your data and play around with the numbers to generate new, near-perfect custom information. Which has become affectionately known as Synthetic ID theft.
Tax ID theft: In this respect, cyber-criminals will utilize your social security number to file tax returns plus then steal the refund cash.
Child ID theft: This involves using a child’s social security name to file fake taxes or open accounts.
Choosing the Best ID Theft Protection Services
Not every ID theft protection company out there has the capacity to handle your kind of ID theft problem. Any good company service that aims to keep your data safe and provide prompt solutions to victims of identity theft should have the following features:
Tri-Bureau Credit Monitoring
Look for ID theft protection services that use the leading three bureaus, TransUnion, Equifax, and Experian, to monitor your credit report. Assessing credit reports from several bureaus gives you a better view of your credit score.
Monitoring of Bank Accounts
Your banked money is part of your growth process, and so you can go any length to keep it safe. The best ID theft companies offer personalized debit and credit account monitoring services. Instant alerts are sent your way whenever a suspicious activity gets detected.
Monitoring of the Dark Web
The dark web is a network of criminals camouflaged as anonymous web browsers whose intentions aren’t 100% genuine. It’s not impossible to find out that your personal data has been used by criminals on the dark web to commit crimes. Work with an ID theft protection company with the technology and tools to monitor activities on the dark web.
With the increased rate of identity theft activities, it’s pretty easy to fall victim, if you don’t shield your personal data appropriately. Once you’re a victim of ID theft, your only solution is to have your data recovered, and your name cleared. Cutting-edge ID theft protection companies know how to professionally and safely retrieve your personal data.
Whether you’re looking for an identity theft protection package for your family or business team, compare prices from different companies to settle for the best. Also remember that you can mitigate identity theft by securely shredding documents.