EDS' Eight Tips for Consumers to Protect Themselves from Identity Theft
Thursday, August 07, 2008 1:15 PM
Symbols: EDS

PLANO, Texas, Aug. 7 /PRNewswire-FirstCall/ -- Every four seconds, an identity is stolen in the U.S. Victims can spend years recovering from theft and attempting to clean up the mess it leaves behind, including lost job opportunities, refusal of loans for houses and cars and even jail time as a result of false data in law enforcement records. The recent news that the Justice Department will prosecute 11 hackers who gained access to more than 41 million credit and debit cards is proof positive that precautions need to be taken by consumers to protect their identity. At the same time, consumers and businesses alike want to utilize the convenience of electronic payments, online commerce and other technology-based exchanges.

To help you keep your identity in shape without overly restricting your daily transactions, EDS Security and Privacy experts have identified EDS' eight tips to help consumers protect themselves from identity theft while still being able to share relevant information with those who need it:

Never provide your personal information in response to an unsolicited request.

Be wary of calls or emails you receive from organizations which ask for personal information. Always ask or look for contact information on unsolicited requests to ensure the caller or sender is not a part of an identity theft ring. If you believe the content may be suspect, contact the company yourself to check on the request and the need for this data. Reputable companies will rarely ask you to divulge this information when they call you, and are always willing to verify their identity to you.

Review your account statements regularly to ensure that all transactions are in order.

Identity thieves typically use stolen information for only a short period of time to avoid being caught. By reviewing statements when they arrive, or utilizing your bank's online account options, you could detect a theft and limit its damage. If you suspect a security breach, act quickly by contacting the companies you do business with immediately. They want to help their customers have a positive experience, and will work to make sure the problem is resolved -- for you and for future consumers.

Check your credit report regularly.

It is good practice to check your credit report on a regular basis to ensure you are not a victim of identity theft. Consumers can now get a free copy of their credit report annually through one of the three major credit bureaus: Equifax, Experian and Trans Union.


Next Page >>
More Options



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.


 
Rate :  Rate this Commentary  


 Number of Comments (0) Post Comment
 
  
Good Rating(+1)    Bad Rating(-1)
No Data Found

 
Enter Symbol
Enter Search String
Bookmark This Article
Email Article

Send this article by email


Recipient's Name
Recipient's E-mail
Your Name
Your E-mail
Related Quotes

 
  Home | Login |Research | Earnings | Scans | Chat Rooms | Charts | Submit Article | Join Blog Network | Contributors | Subscribe to RSS

copryright 2008 all rights reserved