Types of Identity Theft
All the flavors of identity theft that potentially risk your information.
If there was only one type of identity theft, you’d only have to worry about taking a finite number of steps, then your data would be completely safe 100% of the time. Unfortunately, there is a wide range of types of identity theft that put either your personal information or the data of a single account at risk. If you want to be fully protected, then you have to take steps to prevent each type of theft.
This section is designed to teach you about all of the different types of identity theft so you can plan accordingly to protect your data. If you have questions or you’re already facing challenges caused by ID theft, call us to talk about the issues you’re facing. With the right solution, you can re-secure your identity promptly to minimize the cost and hassle of someone else using your data.
Types of Identity Theft
Here’s a quick look at the different types of identity theft you can encounter:
- Financial Identity Theft is when someone uses your identity to commit financial fraud. They either open a new account in your name or place unauthorized charges on an account you already have open.
- Insurance Identity Theft is when someone uses your personal data to establish phony insurance policies. This is not to be confused with “Identity Theft Insurance” which is insurance you get to cover liabilities if your identity gets stolen.
- Social Security Identity Theft happens where someone gets their hands on your 9-digit social security number and start using it to open accounts, apply for work, get housing or even file tax returns in your name. Essentially, someone can take over with this form of ID theft.
- Medical Identity Theft is what happens when someone gets access to your medical records, which can include sensitive information on everything from your Social Security number to the credit card that you use to pay your deductibles.
- Child Identity Theft is when a fraudster uses personal information of a minor, under the age of 18 to open fraudulent accounts and conduct consumer business in the name of that child. It often goes unnoticed because children aren’t checking their credit or applying for loans or credit cards that would lead to a credit check.
- Online Identity Theft is where you put your information at risk by entering financial information or personal data on unsecure websites. If you shop online, here’s what you need to know to keep your data safe while you shop.
- Social Media Identity Theft is a new form of theft where someone impersonates you online through one or more social networks. It can include anything from someone stealing your account login to post content in your name to someone using your photos to catfish.
One of the worst and most irritating forms of identity theft comes when someone steals the 9-digit number that identifies you as you to government agencies, employers, doctors and more. We explain what to do if your SS# has been compromised and how you can apply for a new number if you need one.
Technology certainly makes life more convenient, but the more you use new tech the greater your risk for identity theft. From Bluetooth access to public Wi-Fi, here’s everything you need to know to protect your data while you’re using computers, smartphones and tablets that put you at an increased risk of theft.