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  • Identity theft
  • What is identity theft? Identity theft occurs when someone wrongfully acquires and uses a consumer's personal identification, credit or account information. 
  • How do they do it?
  • Use electronic communication to pretend to be a company of financial institution in order to get personal information.
  • Stealing a purse/wallet, personal records from a workplace, tax information
  • Steal credit or debit card information by attaching a device to card processors.
  • How can individuals protect themselves?
  • -Protect social security number -Protect financial information -Safeguard wallet and purse -Verify source before sharing information -Be careful using Internet  -Keep username and passwords safe and select intricate passwords -Treat trash and mail carefully -Check credit reports Protect your identity
  • 1. Act immediately to prevent any further damage & limit personal liability
  • 6. File complaint with the FTC
  • 2. Keep detailed record of all correspondence & phone records including date, contact person, & any specific comments make or actions which will occur
  • 5. File police report
  • What should an individual do if they are a victim of identity theft?
  • 3. Contact three major credit bureaus
  • 4. Close all accounts
  • -Mrs. Yancy's power point idtheft 64ox480.wmv 
  • Sources
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