Identity Theft – Establishing a Culture of Security

What is Identity Theft? It is the No. 1 crime in America and effecting over 10 million people per year, occurring every 79 seconds, costing customers/consumers over $5 billion in out-of-pocket losses, and businesses over $48 billion as reported by the Federal Trade Commission (F.T.C.).

What is so misleading concerning Identity Theft that most consumers and businesses believe it is all about credit/financial. Not so! Identity Theft occurs in 5 areas of theft: financial/credit identity theft, medical identity theft, driver license identity theft, social security identity theft, and character/criminal identity theft. If a thief can get hold of just a piece of your identity information, it could lead to all the other areas of theft. That’s the Big Picture and the identity theft facts! Having just a credit report monitoring service is NOT enough to detect, deter, or defend against Identity Theft.

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How You Can Prevent Identity Theft

Identity theft occurs frequently these days which means you need to take action to avoid becoming a victim. Luckily, there are numerous things you can do to prevent identity theft. Let’s take a look at some of them.

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