Have you ever had your identity stolen? It seems like I have few friends and family members who haven’t had fraudulent charges on their credit cards or bank accounts at least once in their lifetime. Thankfully, that has never happened to me (although it has happened to my husband right after we got married and hadn’t yet combined our accounts). However, I know that there is a real possibility that I could be a victim of identity theft at least once in my lifetime. In 2011, 11.6 million adults were victims of identity fraud. That amounted to $18 billion lost. That’s scary!
Do you want to know what is even scarier? The percentage of social media users (that’s you!) who are victims of identity fraud. In fact, 10.1% of LinkedIn users have experienced identity fraud. 8.2% of victims are social media users who have “checked in” to locations with their smartphone. If these statistics describe you, you may want to look into protecting yourself with a service like LifeLock. And that might not be as scary as how easy it is for professionals to figure out your passwords. How hack friendly is your password?
LifeLock alerts its members to potential identity theft threats and provides recovery services if identity theft occurs while a member. One of my favorite LifeLock services is help cancelling and replacing credit and debit card if you lose your wallet. I know very few people who haven’t lost their wallet at sometime in their lives and the process of cancelling all your cards can be a difficult and time-consuming process. By the time you realize your cards are missing, you locate the numbers for your banks and credit card companies, someone could have spent hundreds, even thousands, of dollars of your hard earned money. Recently, my mom left her credit card at a gas station on the way to work and there were already three purchases made with it by the time she noticed it missing during lunch and called the credit card company. Imagine if you had various credit cards and no help from a company like LifeLock to help you quickly cancel them. If you are serious about protecting your family and future from identity fraud, look into LifeLock memberships. You can learn more by visiting LifeLock on Facebook
What are your experiences with identity fraud? Do you worry about your social media use increasing your risks of becoming a victim of identity theft?