Am I at risk for identity theft?
Attention: US residents who have been contacted by scammers over the phone or email could be at risk of identity theft. It is highly recommended that everyone contacted by scammers obtain identity theft protection service as soon as possible. ScamGuard™ has partnered up with LifeLock to offer you identity theft protection plans starting as low as $8.99 per month with the initial 30 days FREE trial* which includes Dark Web Monitoring and if you become a victim of identity theft, LifeLock helps protect you with its Million Dollar Protection™ Package**. This includes reimbursement for stolen funds and coverage for personal expenses, each with limits of up to $25,000, $100,000 or $1 million depending on your plan. Start your 30-day free protection here.
How do hackers gain access to my information?
1. Fake loan applications
Hackers can easily gain access to your bank account and social security numbers by attracting you to apply for a fake loan. These websites appear professional, authentic and promise low-rate loans to US residents. Hackers have even been known to purchase your personal information from legitimate marketing firms that operate loan application services. In reality, the loan does not exist and your information becomes at risk for future identity theft.
2. By hacking online stores
Major stores like Target and Home Depot, as well as banks including Chase, were all victims of major hacks. Reports state that over 150 million personal information files had been compromised last year alone. One out of every two US consumer's personal information now lies in the hands of hackers.
3. Phishing email scams
One classic scam involves hackers posing as representatives from legal institutions or banks by sending fraudulent emails to unsuspecting consumers. These official-looking messages claim that the account has been compromised and needs additional verification before access can be re-established. Hackers will direct you to an identical looking fraudulent website, and require you to enter information such as your login, password, and social security number. Once completed, you will be notified that your access has been re-established. Sadly, the process has been a complete scam and hackers now possess your personal information to use in identity theft.
Where does my personal information go?
1. Hackers may use your personal information for identity theft in several ways. First, scammers may sell and even re-sell your personal information on black markets operating on an invitation-only basis.
3. Hackers may use your information to apply for loans and credit cards, leaving you with the staggering bill and a completely destroyed credit score.
3. Hackers may use your information to create fake identities by applying for a state ID or drivers license in your name.
When can I expect identity theft to occur?
It's difficult to determine when your information will be used in identity theft. Hackers possess a large amount of US resident's personal information, so identity theft could happen as soon as tomorrow, or years from the day your personal data has been compromised.
How can I undo damages caused by identity theft?
It may be necessary to hire a knowledgeable attorney to undo identity theft damages. The process could take six months to a year and cost upwards of $10,000 in legal fees.
How can I protect myself against identity theft?
Sign up for identity theft protection service today. LifeLock is a popular and effective company dedicated to fighting identity theft. You can start your protection here.
5 Signs your identity has been stolen Find out here.