{"id":1486,"date":"2020-07-21T10:13:35","date_gmt":"2020-07-21T10:13:35","guid":{"rendered":"https:\/\/crigroup.com\/?post_type=blog&p=1486"},"modified":"2022-07-13T08:19:11","modified_gmt":"2022-07-13T08:19:11","slug":"covid-increases-identity-theft","status":"publish","type":"post","link":"https:\/\/crigroup.com\/ar\/covid-increases-identity-theft\/","title":{"rendered":"COVID19 increases identity theft cases: 7 steps to lessen your risk"},"content":{"rendered":"
What does an embezzler spend their money on? In the case of a New York man\u2019s alleged fraud, just about everything, apparently. According to IDentutyUSA identity theft is on the rise during COVID-19 pandemic.\u00a0Experts predict that one out of every four people in the United States will be a victim of this growing crime trend as more people work from home because of COVID-19.\u00a0 While data from Experian and the National Hunter Fraud Prevention Service shows that fraud rate rises 33% during Covid-19 lockdown<\/a>.\u00a0As many as 1 in 10 people are now victims of identity fraud annually<\/a>, with 21% of these individuals having been victimized multiple times.<\/p>\n When fraud investigators are asked what is the biggest fraud risk to the public at large, identity theft is usually at or near the top of the list. In today\u2019s technologically connected world, criminals can get personal identifying information on countless unsuspecting individuals with just a few keystrokes.<\/p>\n At\u00a0CRI\u00ae<\/span> Group,\u00a0our experts have investigated their fair share of identity theft cases, and while they can be very damaging, there is good news \u2013 many could have been avoided (and can be avoided in the future) with some proper due diligence. With that in mind, here are some important tips to help lessen the chances of becoming a victim of this insidious fraud:<\/p>\n When using the wifi at a coffee shop, Internet caf\u00e9 or any other public place, don\u2019t access bank account information or other sensitive information. Your data is vulnerable to those looking to steal it.<\/p>\n Change your passwords and vary them among different accounts. Password managers like LastPass can help you keep track of them.<\/p>\n Be very skeptical of unsolicited emails or website pop-ups that pose as legitimate sites (like those pretending to be a bank, a delivery service, or the IRS, for example) and ask you for personal identifying information, or financial particulars. Don\u2019t follow links or click on attachments for any of these unconfirmed emails or sites.<\/p>\n Identity thieves can still get your information the old-fashioned way: by intercepting your mail, going through your trash or finding other ways to get bills, invoices or receipts. Shred documents that you do have and don\u2019t need, and opt to go paperless (requesting electronic documents only) as often as possible.<\/p>\n If someone is using your existing accounts, you\u2019ll want to know as quickly as possible so that your bank can be alerted and take the proper measures.<\/p>\n Most banks will now proactively alert their customers when they see suspicious transactions. If this is an optional service, opt-in \u2013 it\u2019s better to be safe than sorry. Then you can confirm whether the transaction is actually fraudulent or not.<\/p>\n Credit reports can help you know if any new lines of credit have been fraudulently opened in your name. Services include Experian, Equifax, TransUnion, and Callcredit, and in the U.S., you are able to receive your credit report once a year at no charge.<\/p>\n Identity theft is a serious problem, and it\u2019s not going away anytime soon. But it\u2019s good to know that there are some common-sense precautions we can all take to lessen our chances of having our information stolen.<\/p>\n If you do become the victim of ID theft, or believe your information may have been compromised, there are resources to help you deal with the crisis.<\/p>\n In the U.S., you can visit\u00a0IdentityTheft.gov<\/a>. This official U.S. government website invites users to report if they have been victims of identity theft. Based on the information they provide, victims are assisted with a personalized recovery plan, and can receive step-by-step instructions on how to proceed and navigate the sometimes murky and complicated world of untangling identity theft.<\/p>\n In the UK,\u00a0ActionFraud National Fraud & Cyber Crime Reporting Centre<\/a>\u00a0provides tips, advice and a reporting system as your first point of contact if you have been a victim of fraud.<\/p>\n Many other countries and jurisdictions provide similar services. If you are a victim of identity theft, rest assured you are not alone. It is one of the most common frauds around the world, but with a little preventative action, we can lessen its incidence and its impact.<\/p>\n Identity theft is a persistent problem in business, but it doesn\u2019t have to be a crisis at your company. By using a common sense approach and some key prevention strategies, you can help ensure that your employees know the rules and are less likely to be victims. For assistance in developing and implementing a fraud prevention strategy,\u00a0contact us today<\/a>\u00a0or get a FREE QUOTE<\/a> now!<\/p>\n Ethics & Compliance Hotline<\/a> is an anonymous reporting mechanism that facilitates reporting of possible illegal, unethical, or improper conduct when the normal channels of communication have proven ineffective, or are impractical under the circumstances. At CRI Group, we are committed to having an open dialogue on ethical dilemmas regardless.<\/p>\n Learn more about how EmploySmart\u2122 can help your company stay protected during these strange and uncertain times.\u00a0<\/span><\/strong>Contact CRI<\/span><\/strong><\/a>\u00ae<\/span>\u00a01. (If\/When out) Be careful using public wifi<\/strong><\/h3>\n
2. Update your passwords regularly<\/strong><\/h3>\n
3. Don\u2019t become a victim of phishing<\/strong><\/h3>\n
4. Consider going paperless<\/strong><\/h3>\n
5. Check your bank and credit card statements<\/strong><\/h3>\n
6. Watch for fraud alerts<\/strong><\/h3>\n
7. Monitor your credit history<\/strong><\/h3>\n
Speak up – report any illegal, unethical, or improper behavior<\/h3>\n