Identity Theft is totally unpredictable and can catch you off-guard. Even if sufficient security measures are taken, minimizing the risk of financial losses should be your utmost priority. The lesser your personal information stays on your computer, the harder it is for cybercriminals to get hold of it.


How to Minimize Risk?

Even if you share personal information online, there are several ways you can make it difficult for fraudsters to obtain and use this data. Listed below are some tips on how you can secure your information from being leaked online.


Protect Your Social Security Number

Social Security Number can be easily misused by a criminal. As it contains other information such as name, address and date of birth etc., it can be used to obtain loans and credit cards under your name. This can not only cause severe monetary loss, but could also stain your reputation.


Treat Emails with Care

Emails are one of the most common modes of communication today and play a key role for any business organization. Therefore, securing emails should be the topmost priority for any individual or company as a lot of personal information is shared via emails such as company records, sales reports, bank account details, classified information about clients and other financial details etc. This accumulated data can become easy fodder for cybercriminals and cripple your finances along with operations.


Be on Guard While Using Internet

It is common for most people to share personal information online, especially when registering on social networking platforms, watching online videos and via emails. A lot of information such as telephone numbers, credit card details, addresses, email ids etc. could be stored on your browser itself. A hacker could easily obtain this information putting your finances and identity at risk.


Select a Strong Password

As most activities on the internet require you to login with a username and password, it is vital that we create strong passwords that cannot be easily guessed. Moreover, you must also make sure to store all your passwords at a single secure location. Use a variable mix of numeric and alphanumeric characters to create a strong password. It would be a clever idea to not include personal information such as phone numbers or date of birth in your passwords. A complex password is your last line of defense against hackers.


Avoid Data Sharing Through Non-Secure Channels

While it is impossible to not share your personal information while using the internet, it is better to share it over secured and trusted sources. Since a lot of information such as credit card details, date of birth, address and id numbers are shared online, this can be exploited by hackers. These criminals can go so far as impersonating a legitimate website to coerce users into sharing their info. Therefore, users must also stay diligently aware when sharing their details over the internet.

Major Organizations

that are warning you of identity theft