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Hi, guys! Welcome to the economics class and today we gonna talk about "Identity Theft"
So, what is Identity Theft? Identify theft occurs when someone wrongfully acquires and uses a consumer’s personal identification, credit, or account information.
But how can thieves get an individual information? Very easy! Stealing a purse/wallet, personal records from a workplace, tax information • Steal credit or debit card information by attaching a device to card processors • Use electronic communication to pretend to be a company of financial institution in order to get personal information
And how can we protect ourselves?
To deter the stealing of your identity, you should just obey these rules: Protect social security number; Protect financial information; Safeguard wallet and purse; Be careful using Internet
Remember! If you identity happened to be stolen act immediately to prevent any further damage and limit personal liability, close all accounts and contact three major credit bureaus!
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