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Sunday, December 28, 2008

Identity Fraud Protection: Are You Able to Protect Your Identity?

By Harvey Warmuth

One of the fastest growing crimes in the United States is that of identity theft. It affects one in every four households in America and costs consumers billions of dollars each year, and this figure is growing.

Often thought as an individual person's problem, identity theft actually affects all of us as a whole. Even if you are not a direct victim of identity theft, you still are impacted. Identity theft is a consumer fraud crime and occurs when someone steals all, or a portion of someone's identity for financial gain.

Thieves will use an identity theft victim's sensitive personal financial data to commit the crime. The data they will use includes credit card numbers, bank account information, and Social Security Numbers. Through the unauthorized use of such information, the thieves intend to get a financial gain through illegal means.

In order to not become a victim of identity theft, you need to be very careful with how you handle your sensitive personal data. You also need to be aware of your online activity, including the use of email, as this is becoming an increasingly popular avenue for identity theft.

In addition to the steps that you should be taking to avoid identity theft, there are also services you can subscribe to that help protect your identity. You need to be serious about identity theft and making use of an available identity theft protection service is a great investment to make in your fight against identity theft.

The biggest step you can take when it comes to identity theft protection is to put a fraud alert on your credit reports. This is something that you can do yourself, or you can use the services of an identity theft protection company to do this for you. The latter choice is a great one for convenience sake, as you will need to renew the fraud alert every 90 days, so sometimes it is best to have a service do this for you.

Identity theft protection is becoming more and more important, as identity theft itself becomes a bigger and bigger issue. Identity theft protection services are rapidly becoming the number one way to protect yourself against identity theft.

An identity theft protection solution not only guards against identity theft, but will help you recover if you do become a victim of identity theft. Every passing day increases your chance of having your identity stolen, so you need to be doing all that you can to protect your identity.

With an identity being stolen every four seconds, and with the cost to consumers in the billions, you need to lock down your identity immediately. Protecting yourself from identity theft needs to be your top priority, so that you never have to suffer as a victim of identity theft.

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