You may not realize it, but you’ve already taken steps to protect yourself against identity theft. You change your computer passwords regularly, shred old financial documents, and never reveal your PIN number to anyone.
But, the identity thief isn’t always a shadowy figure. Sometimes, as unpleasant as it is to consider, it can be someone you know. Unfortunately, relatives, co-workers, neighbors or friends can be tempted to take advantage of your relationship and use your personal information without your permission.
A Watchful Eye Is Your Best Defense
Experts recommend that you keep an eye out for certain behaviors in family and friends that may put your financial security at risk. For example, be watchful of relatives or friends who seem to be living beyond their means. They may be impulsive spenders who borrow on other’s good names rather than pay high interest rates. Consider teens who crave the latest gadget, and don’t appreciate how using Mom’s credit card without her permission can affect her for years to come.
If a friend or acquaintance asks for your Social Security number, date of birth or your mother’s maiden name, beware. That’s all that is needed to commit identity theft.
How to Help Prevent Theft
- Be aware of where you place your financial information. Don’t leave paperwork or checkbooks where they can be easily found.
- When you go away or go on vacation, ask the post office to hold your mail for you.
- Use passwords that are not as obvious as family nicknames or birthdates.
- Protect your PIN number or credit cards, and don’t give them to any one.
- Check your credit reports at least once a year. You are entitled to one free yearly report from all three bureaus, Equifax, Experian and TransUnion.
If You’ve Been Victimized
If the fraud involved a Wachovia account, request a Customer Fraud Assistance Package at www.wachovia.com or contact us at the numbers below.Then, file a police report. Even though you may not like the idea of a friend or family member being arrested, creditors won’t clear your record unless you file.
To learn more about identity theft, how to protect yourself, and how to respond if you are a victim, visit Wachovia Security and Identity Protection. You can also visit www.idtheftcenter.org for even more information.
