Fun Facts

HOW TO PROTECT YOURSELF FROM IDENTITY THEFT

By
on
September 19, 2018

 

Chances are, you or someone you know has had their identity stolen at one point or another.  It can be expensive, stressful and extremely complicated to recover from.  Here are seven ways to help protect yourself and your most important data from identity thieves.
1. Secure Your Hardcopies
Most of us think of identity theft as a digital crime, but many thieves are just as eager to get their hands on your paper documents.  While online accounts are password-protected, important paper documents are often left in a drawer or simply tossed in the trash, where dumpster-diving thieves can find them.
What’s the solution?  Buy a safe and a shredder.  What’s not shredded goes in the safe. Of course, the same level of care should go into protecting your physical credit cards.  Don’t put your wallet in your back pocket. Make it a habit to check to see you have all your cards and IDs when you get home at the end of the day.  This will help you be aware of missing items earlier so you can cancel lost or stolen cards before too much damage is done.
2. Examine Your Financial Statements
Reviewing your financial statements is a good practice.  Not only will this help you track financial habits, it will also alert you to any fraudulent charges.  Credit unions and banks do a lot to protect consumers from fraud and identity theft, but only you know what you purchased and what you didn’t, so look closely at those statements!
3. Choose Good Passwords
Many people have one simple password they use for all devices and platforms.  This is convenient, but dangerous. Yes, there is reason to worry that having multiple hard-to-remember passwords may make it more difficult for you to access your own accounts, but potential identity thieves will have a more difficult time too.
If you’re worried about remembering your own passwords, check out these easy and safe ways to store your passwords from Gizmodo.
4. Protect Your Computer
Malware is just one way identity thieves steal your data.  Invest in a good and reputable antispyware program to make sure your hardware is safe from invaders.
Another way to protect your computer is to encrypt your hard drive.  Apple computers and PCs alike will offer the option to encrypt all data in your hard drive.  Go to your security settings and choose to activate the encryption option.
5. Be Aware of Suspicious Emails and Websites
If an email looks suspicious, it probably is. Make your email inbox a tightly curated collection.  If you have too many promotional emails, start clicking the unsubscribe button.  This will help you spot suspicious, unsolicited mails.
The same goes for websites.  Your browser or antivirus software may try and warn you about suspicious websites before you enter them.  Don’t disregard those warnings.
6. Use Two-Factor Identification
The most convenient option is not always the most secure, but given the choice between convenience and security, your best bet is the more secure one.  Two-factor identification for email accounts and other important online accounts will add an extra step to the security process for log-ins, most often making use of your phone number as well.
7. Secure Your Wi-Fi and Avoid Public Wi-Fi
Public Wi-Fi is often insecure and can be a great way for thieves to get to your data.  Steer clear if you can.  If you have no choice, be sure to avoid all online banking or password logins while using public Wi-Fi.  Additionally, be sure to secure your own home Wi-Fi with a unique and hard-to-guess password.
TAGS
RELATED POSTS

LEAVE A COMMENT

Banking Made Easy

At TFCU, we are committed to offering an extensive range of products and services designed specifically with you in mind! We want to make your banking experience as easy as possible by giving you convenient access to manage your accounts on the go, all while providing you with the latest and greatest banking technology.

In addition to banking products & services, TFCU has several affiliate companies known as Credit Union Service Organizations! These companies allow us to offer Insurance Services, Financial Services & Real Estate Services to our members.

TFCU membership is available to anyone who lives, works, worships or attends school in Bristol County, Massachusetts; Bristol, Kent, Newport and Providence counties in Rhode Island; and the Rhode Island towns of Charlestown, Exeter, Hopkinton, Narragansett, New Shoreham, North Kingstown, Richmond and South Kingstown. Membership is also open to immediate family members of existing members.

Instagram
  • Negotiating a good price on your car can be stressful but arranging for a good deal on your loan might not have to be. Our latest post in our new blog series, "Did You Know.." will specifically address what TFCU offers when you're in the market to purchase a car! Click on the link to find out these five tips that could save you some future trouble!  http://ow.ly/1Kh750nv7FJ
  • 6 NEW YEAR’S RESOLUTIONS FOR A FINANCIALLY IMPROVED YOU:

Increase your savings. Even if it’s only by 5%, every little bit adds up.
Cut out one impulse purchase a week.
Trim your electricity bills by making sure your appliances are all running efficiently and conserving as much energy as possible.
Increase your marketability by learning new skills or broadening your knowledge in your chosen field.
Pay down your debt by making it a priority.
Spend less on groceries. Do whatever it takes to make it happen: coupon more, cash in on rebates, and shop the sales.  #tfcu #tauntonfederalcreditunion#creditunion #creditunions#creditunionsrock #creditunionlife#credituniondifference#creditunionfamily #creditunionlove #creditunionsgiveback #creditunionmovement #creditunionshavemorefun #banking #bankinglife #bankingmadeeasy #financialfreedom #financial #financialplanning #financialliteracy #financialwellness #mobilebanking #financialinstitution #savings #saving ​
  • Got a big purchase in mind? Time to #treat yourself? There’s nothing wrong with that, but be smart! Try to pay #cash for it, and be sure you get the best price. Figure the hours of work you’ll need to cover the cost, and ponder what else you might do with the #money. Have you splurged on anything else lately? How often will you use your indulgence? Go through these steps and you’ll shop smarter, or maybe decide to save the money! What’s your number one question before making a large purchase? Share it with us in the comments!  #tfcu #tauntonfederalcreditunion #creditunion #creditunions#creditunionsrock #creditunionlife #credituniondifference#creditunionfamily #creditunionlove #creditunionsgiveback#creditunionmovement #creditunionshavemorefun #banking#bankinglife #bankingmadeeasy #financialfreedom #financial#financialplanning #financialliteracy #financialwellness #mobilebanking#financialinstitution #savings #saving ​
  • TFCU will be closed on December 25th in observance of Christmas Day! Please be aware that all TFCU locations will be closing at 2:00 p.m. on Monday, December 24th.  #tfcu #tauntonfederalcreditunion #creditunion #creditunions #creditunionsrock #creditunionlife #credituniondifference #creditunionfamily #creditunionlove #creditunionsgiveback #creditunionmovement #creditunionshavemorefun #banking#bankinglife #bankingmadeeasy #financialfreedom #financial #financialplanning #financialliteracy #financialwellness #mobilebanking #financialinstitution #savings #saving ​
  • Some #wisdom on this Wednesday!  #tfcu #tauntonfederalcreditunion #creditunion #creditunions#creditunionsrock #creditunionlife #credituniondifference#creditunionfamily #creditunionlove #creditunionsgiveback#creditunionmovement #creditunionshavemorefun #banking#bankinglife #bankingmadeeasy #financialfreedom #financial#financialplanning #financialliteracy #financialwellness #mobilebanking#financialinstitution #savings #saving ​
  • If you have trouble studying, or just need a little extra help when it comes time to buckle down on homework or study for exams, we’ve got a suite of apps that can improve your grades! Quizlet helps you study with fun quizzes, while IStudiez is a homework and test reminder app. Exam Countdown will make sure you never miss a test, and Cold Turkey will block distracting websites for you while you study. Finally, Memrise uses visual mnemonics to help you remember everything you need to know. Hello, Dean’s List! 
#tfcu #tauntonfederalcreditunion #creditunion #creditunions#creditunionsrock #creditunionlife #credituniondifference#creditunionfamily #creditunionlove #creditunionsgiveback#creditunionmovement #creditunionshavemorefun #banking#bankinglife #bankingmadeeasy #financialfreedom #financial#financialplanning #financialliteracy #financialwellness #mobilebanking#financialinstitution #savings #saving ​

Follow Me!