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Finan Lit

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Finan Lit
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  • Grandpa, can you teach me what Identity Theft is, and more about it?
  • Sure, first you should know that Identity Theft is "the crime of using the personal or financial information of another person to commit fraud"
  • Okay, so the email yesterday that asked for me for my password, Credit Card, and Social Security card was someone attempting to take my identity?
  • Oh okay, so when I got a strange email the other day asking for my password, Credit Card, and Social Security card was that someone trying to take my identity?
  • Yes, exactly. Anytime someone or something untrustworthy Is asking for your personal information such as you Social Security Card or private numbers always say No! What other questions do you have?
  • Yes, anytime someone or somebody who you don't know at all asks for very personal information and numbers is trying to steal your information and identity. What other questions do you have?
  • Thank you, so, how could somebody deter or detect this from happening?
  • Good question, somebody can detect this by tracking and reviewing their bills, viewing credit card reports or statements, along with checking online monthly receipt to notice anything unusual. You can deter it by shielding important information, using strong passwords, and keeping information hidden.
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