As children, we are often taught by our parents not to talk to strangers. However, as we grow old we tend to forget the importance of this lesson. Sharing personal information with unreliable people can have serious repercussions even as an adult. One of the major reasons why you should safeguard your personal information is to prevent yourself from Identity Theft. Identity thieves can steal your personal information or get it from you through trickery, and use it to cause you a massive financial loss. You may also get tied up in legal red tape, which can bring in more woes.
Identity thieves can steal your personal information or get it from you through trickery, and use it to cause you a massive financial loss. You may also get tied up in legal red tape, which can bring in more woes. Identity theft is rampant in India and is not only leading to financial loss but resulting in impairment of the credit score. This can lead to further stress when an individual needs funds for exigency and the loan application gets declined. He would be left with little options and may be required to exploring bad credit fixes and looking out for bad credit personal loans.
Mainly, because there is a lack of awareness among the people. Unfortunately, that’s precisely the thing that can protect you from the problem. So, to ensure you never fall victim to Identity Theft, here are a few things you must keep in mind:
Protecting Your Personal Information Online One of the easiest platforms to get someone’s personal information is the Internet. Countless fraudsters prowl on the net to seek new victims. Thus, no matter what you use the Internet for, make sure you are careful with your personal information. Here are a few tips to help you out:
Being Wary of Impersonators A lot of identity thieves impersonate someone else to secure your personal information through yourself. For instance, they can send you an email claiming that your bank account is vulnerable, and you need to provide your account details to lock it. Thus, by impersonating one of your bank’s officials, they can take you in confidence, and use it for exploitation. Plus, the sense of urgency they create by faking your account’s vulnerability also helps. When something like this happens, you must not panic, and call up your branch immediately. That way you can know for sure if the email is actually from your branch or not.
When Using Public Computers There are times when you may need to use a public computer for Internet access. Examples include- when you are on vacation, in a library, or in a coffee shop that has public computers. While there is no harm in that, it is important that you are careful when you do. It is easy for hackers and identity thieves to install keystroke logging tools, and other kinds of hacking programs on public computers to steal the personal information of those who use them. Thus, even if you have to use one such system, make sure you do so for casual web browsing, etc. If you have to access your bank account, or other sensitive accounts then it is better to use your smartphone or wait till you reach your home to use your own computer.
Password Protection Passwords are often the only things preventing fraud or account hacking. Thus, it is important you protect your passwords from strangers. When entering your password on a certain website, make sure no one is looking over your shoulders. Also, you must use strong passwords, which can prevent brute-force hacking. A strong password uses both upper cases and lower case alphabets, numbers, and at least one special symbol.
Protecting Your Personal Information Offline There are many ways your personal information can be stolen if you are not careful enough. Here are a few tips for protecting your personal information offline:
Mailbox Security If your mailbox is not locked, an identity thief can steal your mails to secure your personal information easily. Since you may receive emails from your bank, the company you work for, and certain governmental offices, getting hands-on with your sensitive personal information becomes easy for a fraudster.
Discarding Photocopies Many times people simply throw away unwanted photocopies of important documents such as birth certificate, driver’s license in the garbage. Fraudsters can fetch these copies to steal your identity. Thus, you must shred your photocopies, or destroy them in some other way before discarding.
Make it a rule of thumb to never share your personal information with anyone (both online and offline), unless you are convinced with their motives, or know them personally. If you don’t really have to share, then it is better to avoid it completely.