yahoo buzz

Thursday, June 3, 2010

Preventing Identity Theft through Social Security Number

Over the years, identity theft has grown to become one of the biggest crimes committed in America. Almost 10 million people in the US have already been a victim of this crime. Everyone has a high risk of having their identities stolen through identification cards, ATMs or social security numbers that people carry around every day. It has been a source of financial troubles for many citizens.
According to reports, most identity theft cases were done through acquiring a person’s Social Security number. The Federal Bureau of Investigation claims that citizens have the right to refuse the disclosure of their Social Security number because it is considered confidential, especially if the institution asking for it is not related to the government or banks (though there are some banks that allow the non-disclosure of their customers’ SS Number).
It’s surprising how easy it is for someone to steal personal information about another. Some of the tactics identity thieves do are:
• Stealing wallets, bags or purses, where ID’s, ATM’s, calling cards, and other documents that reveal a person’s basic information are contained
• Stealing mail left inside mailboxes or outside the house
• Snooping on personal information on the web that the users filled out
• Sorting through trash for anything that may contain important data
• Pretending to be someone who legally needs information about a person through another party
• Buying the information from “inside” sources
When someone else gets hold of your SS Number, they now have the power to acquire more information about you. Most cases include a thief applying credit cards under your name. They will then use the cards to buy and pay for lots of things, but instead of them paying the credit, the debt will go under your name. You will only find out about the identity theft once the credit card companies look for you or if you get declined for a credit you applied for yourself, because the debt of the thief reflected under your name.
The safety of a person’s Social Security Number and Identity Theft protection are issues that should be initially addressed by the individual. Recognize the confidentiality of your number and do not give it to other people so easily. Avoid posting personal information about yourself, especially on the net where it’s never secured. Any documents that include information should be kept at a safe place, preferably at home. If you suspect that someone has stolen your SS number, report it right away to the Social Security Administration and contact creditors that the thief may have communicated with.

No comments:

Post a Comment