Saturday, September 24

Identity Theft

5 Steps to Protect Your Digital Identity in The Age of Breaches

Identity Theft, MCC Program
The record number of data breaches in 2017 (1,579 publicly-reported breaches to be exact) and the sensitivity of the data stolen (especially social security numbers and passwords) have led many to wonder how to protect themselves. Since I work in the identity protection industry, my friends and family have asked what recommendations they should follow to secure their personal data. In this write-up, I’ll share some basic information, options, and suggestions for what to do in the wake of a data breach. Credit Card vs. Identity Theft, Understanding the Difference First, let’s distinguish credit card theft from identity theft. My credit card number is stolen reliably about once per year. It’s a nuisance, but that is all. The bank eats all losses related to the theft and I simply get a...

How to Protect Yourself From Credit Card Theft

Credit Cards, Identity Theft, Lubbock
Last fall, I received an email that appeared to be from my web host. The email claimed that there was a problem with my payment information and asked me to update it. I clicked on the link in the email and entered my credit card number, thinking that a recent change I'd made to my site must have caused a problem. The next morning, I logged onto my credit card account to find two large unauthorized purchases. A scammer had successfully phished my payment information from me. This failure of security is pretty embarrassing for a personal finance writer. I know better than to click through an email link claiming to be from my bank, credit card lender, or other financial institution. But because the email came from a source that wasn't specifically financial (and because I was thinking ...