There’s no question about it, ID fraud (or ID theft) is on the rise and has become one of the fastest growing crimes of our modern age.
So what can you do to make sure you don’t become an ID fraud statistic? Well luckily there’s a few ways you can help to protect yourself and your information.
Here’s a run down of 10 things you can do to help guard against ID fraud.
1. Report all thefts of financial items
If you should lose your wallet or misplace any important documents like your passport or drivers license, then it is important that you contact the relevant organisations as soon as possible. They’ll in turn cancel any credit cards, store cards and stop anyone else from trying to use them.
2. Regularly check your bank and credit card statements
By being vigilant and monitoring closely what charges are on your monthly bills you’ll be far better positioned to spot any errors or potential fraudulent transactions.
3. Shred or destroy personal information
Financial statements are pure gold for an ID fraudster, so it is vital you shred or destroy any documents containing your personal information prior to throwing them in the bin.
4. Be wary of cold callers
It is important not to respond to cold callers or emails requesting sensitive information such as credit card numbers of banking details.
5. Register to vote
If you’re not already registered to vote, then it is important that you are listed on the electoral roll. Not only will this give your credit rating a lift, it’ll also prevent any ID thieves from using your previous address to open new credit accounts and run up debts in your name.
6. Be careful online
Be aware of just how much information you give away online, especially on social networks. For example your pet’s names, mother’s maiden names are often standard questions used in the retrieval of passwords.
7. Redirect your mail
If you’re planning on moving home then setting up a mail redirect with the Post Office will ensure that you receive all the post from your old address.
8. Protect your PINS and passwords
Try and memorize your passwords and PINS rather than having them written down somewhere. As a precaution never share them with others.
9. Keep an eye on your mail
If you get into a routine of knowing when various bills and statements arrive then you will be better positioned to spot any that are missing, and have the ability to act quicker.
10. Check your Credit Report
The Home Office recommends that individuals regularly check their credit reports as effective protection against ID fraud. Your credit report will list the various credit accounts you currently have in your name, and the amounts you owe. With this information you’ll be able to quickly identify any fraudulent applications or transactions that you didn’t make.
