No one is secure. Not even computer networks belonging to the U.S. government. If it hasn’t already, one day, your credit card will be used in places that you’ve never travelled to, or your bank account will show up expense items that you will not recognize. Or worse, someone could even rack up debt in your name.
In short: your identity – and we all have one – is never safe without adequate protection. Identity theft can happen in various ways. Your wallet could get stolen, for example. And thieves often go through trash and dig through personal data. Another very common form of theft is “skimming” information from an ATM machine using a device that steals data stored in the credit or debit card magnetic strip.
Identity theft is the fastest-growing crime in the U.S., with nearly 13 million victims each year. This also means that you have to deal with a large industry and tons of products that companies spend billions of dollars on every year. And those products vary in quality. Make sure that you’re signing up for a product that offers daily monitoring of the information that you’re looking to protect. And see if you can include protection of your computer and other devices that you use to make payments. You may also want to look for companies that take extra care in restoring your credit once it is compromised and is done so quickly.
Here are some articles that will help you understand more about identity protection and cybercrime: