Identity theft is becoming a multi-trillion dollar business, and one of the ways criminals get personally identifiable information is by digging through the trash and using account numbers to create false identities. Your account numbers are often located on numerous documents you throw away each month, and even if you rip them into tiny pieces, it’s quite easy for criminals to piece information back together in order to get what they want.Continue reading How to Dispose of Important Documents Without a Shredder
Identity theft is not a problem that just affects the private sector. The IRS has been struggling with it for many years as well. But a recent report indicates that they are having significant success fighting it.Continue reading How the IRS Is Fighting Identity Theft
Not so very long ago, many considered the dark web an urban legend and identity theft something that only happened to wealthy and careless people. As more and more companies have emerged to protect the identities of everyday people from the villains pilfering and plundering the dark web, the vast majority of the general public has come to accept the reality that the dark web is real and identity theft can happen to anyone.
Identity theft is becoming a more common occurrence every single day. It takes place when someone steals your personal information and uses it without your authorization. This includes your social security number, credit card numbers, bank account numbers, personal medical information, and even your name and address.Continue reading How to Prevent Identity Theft
Despite the numerous advances in security developments and creating awareness to curb cybercrime, hackers still come with ways to breakthrough. The ever-increasing identity theft crisis continues to terrorize people from all across the world. The worst part is that you might be a victim of identity theft unknowingly. The longer the thief remains unnoticed, the more funds they might accumulate using your identity without your knowledge. So, how do you tell that you are a victim of identity theft?Continue reading How To Check If You Are A Victim Of Identity Theft
Last year, an anti-fraud organization recorded a total 89,000 cases of identity theft in the UK over the first half of 2017. According to Cifas, the figure was a record high and represented a five percent increase in identity theft cases over the same period in the previous year. Cifas chief executive officer, Simon Dukes, said that the claims were increasing at an alarming rate over the years with a new high of about 500 stolen identities daily.
Due to the IRS budget cuts, the confusion regarding the new tax law, and the vast amount of data compromised, the filing season for 2017 may be rampant with tax-related crimes. There were 787,000 identity theft returns confirmed and stopped by the IRS last year. The total exceeded $4 billion. The IRS projected a $21 billion loss in 2016 for fraud.
The Internal Revenue Service (IRS) in conjunction with the State Tax Authority has waged a fight against identity theft through tax systems. During their previous summit, reports of notable progress on the initiative were tabled, while new procedures were laid out for the next phase.
Identity theft is a massive problem that has affected seemingly countless individuals all over the United States and planet. It can lead to all sorts of headaches and inconveniences, too. Few things can be more frustrating than dealing with the effects of stolen credit cards. Identity theft can even do a number on your credit score. If you want to safeguard yourself from all of the negative effects identity theft can introduce to your life, then a few preventative measures can go a long way, to put it mildly.
Identify theft is a serious problem that has victimized more than 13 million people in the United States. One of the most effective ways to stop this type of felony crime is to shred important documents containing personal information.
Once a thief compromises your identity, it can take months and even years to restore things back to normal. Identity thieves may be able to purchase items or acquire loans in your name. While it may seem a rather simple procedure to prove your identity, this is not always the case.