Avoiding Fraud And Identity Theft In Times Of Crisis

Avoiding Fraud And Identity Theft In Times Of Crisis

We have assembled some helpful tips to provide information on how to avoid being a victim, during the current crisis and in everyday life.

The tips are especially focused on online activities.


1. Strengthen your passwords

Creating strong, unique passwords is the first line of defense in securing your information from fraudsters. Avoid using simple, commonly used passwords and create unique passwords for each of your accounts. If you have trouble keeping track of them, consider writing your passwords down as long as the information is stored in a safe location. Alternatively, you can use a password manager to create and store strong passwords.

2. Review your credit card and banking transactions at least once a month for illegitimate activities

Review review your credit card and banking transactions at least once a month, which makes it easier than ever to stay on top of spending. Make it simpler to stay on top of spending by subscribing to receive alerts for every transaction on your bank or credit cards. This is a helpful service offered by most banks to provide real-time monitoring for any suspicious account activity.

3. Shred personal documents before disposing of them

There are a fair few businesses that admit to disposing of sensitive documents without shredding them. A single document containing your name, address, or other identifying information such as birthdays or account numbers, can give fraudsters all they need to access and manipulate your personal information.

4. Screen your calls: Don’t answer a call or a text message if you don’t recognize the number

Fraudsters are always coming up with new ways to obtain your personal information. Whether it’s a call from a fraudulent telemarketer, a questionable text message or an automated response asking for your information, avoid taking the bait and being lured into sharing your personal information with anyone except your trusted contacts.

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