Online, Phone, U.S. Mail or In-Person: Where is Your Credit Card and Personal Identify Safest?

Identity theft is the fastest growing crime according tofound that respondents to the mailings were called and
the Federal Trade Commission (FTC). It occurs whentold they were winners, but had to mail "taxes" or
someone takes a piece of your personal information"Customs fees" to collect their money. Victims either
and uses it without your knowledge to commit fraud orreceived nothing at all or items vastly inferior to what
theft. An all-too-common example is when an identitywas represented, losing $15,000 to $102,000 apiece in
thief uses your personal information to open a creditthe scheme. The scammer agreed in March 2003 to
card account in your name, or uses an existing creditcease and desist his mailings and pay the Postal
card of yours.Service $200,000.
Did you know that someone's identity is stolen everyMost identity theft somehow involves the U.S. mail - it
20 seconds?crosses over to the "in person" theft described above
In a recent survey by the FTC, 12.7% of Americanbecause, beyond strangers robbing your mailbox, the
adults, or 27 million people, reported that they hadfriends, relatives or fellow employees who are stealing
become victims of some type of identity theft in theyour personal information and credit cards are usually
last five years. People whose identities have beenlifting it off of a piece of your U.S. mail.
stolen can spend months or years -- and thousands ofThe U.S. Postal Inspection Service has therefore
dollars -- cleaning up the mess the thieves have madebecome one of the world's lead agencies in
of their good name and credit record.investigating these crimes. Postal Inspectors have
Personal Identity Theft: Key Factsjurisdiction to investigate and enforce more than 200
* Victims now spend an average of 600 hoursfederal statutes involving the U.S. Mail. They are
recovering from the crime of identity theft, often overallowed to arrest anyone suspected of stealing mail or
a period of years. Three years ago the average wasfiling a false change-of-address order. But don't
175 hours of time, representing an increase of aboutdepend on their measures for your peace of mind.
2470%.Postal Inspectors strongly advise people not to leave
* While victims are finding out about personal identitymail in their mailbox overnight or on weekends. Further,
theft more quickly, it is taking far longer than everyou should never leave your mail on your desk at
before to clear their records and recover from thework when you are not in the vicinity (or even
situation.exposed at home if you will be having friends or
* Even after the thief stops using the information,relatives over that you don't trust 100%) Also, deposit
victims struggle with the impact of identity theft. Thatoutgoing mail at the post office and try to remove mail
might include increased insurance or credit card fees,from your mailbox as soon as possible after delivery.
inability to find a job, higher interest rates and battlingOnline Theft: The Safest Place to Do Business is
collection agencies and issuers who refuse to clearOnline ... If You're Smart
records despite substantiating evidence of the crime.Despite the fears of those unused to the (relatively)
This "tail" may continue for more than 10 years after"new" frontier of the Internet,online transactions
the crime was first discovered.account for less than 4% of identity theft! And almost
* Approximately 85% of victims found out about theall of that 4% is due to people not knowing the
theft of their identity due to an adverse situation -difference between a safe and secure website and
denied credit or employment, notification by police orone that may be "here today, gone tomorrow" ... or
collection agencies, receipt of credit cards or bills neverjust plain flimsy when it comes to safety of your
ordered, etc. Only 15% found out through a positivepersonal information.
action taken by a business group that verified aThe key you must remember to make your chances
submitted application or a reported change of address.of online identity/credit card theft close to zero is to
Read Below for Key Steps to Protect Yourself!only make purchases through reputable and
The question remains, where is a person the mosttechnologically secure websites like
safe to make a purchase using a credit card? WeWhen you are making a purchase from the store of a
compare online, phone, mail and in-person purchases toreputable website like SixWise.com, the data you input
see where the most identity and credit card theftin the checkout process is encrypted by what is
occurs. Then we provide you the key steps to keepknown as Secure Sockets Layer (SSL) before it is
your credit cards and personal identity safe.sent over the Internet. This technology provides a very
Phone Theft: Talk is Not Cheapsecure connection that keeps your data private during
Peter Reid, portfolio strategist for EDS Security andtransmission over the Internet.
Privacy Services, says that "while consumers haveHow can you tell if a website has the high-level
learned not to divulge information such as their Socialpersonal encryption technology, SSL, in place for your
Security number and debit card number over thepersonal information? When you are done adding
phone...they are still naive and share significant amountsproducts to your cart on a website and you enter the
of information from the contents of their wallet --checkout process where your personal information is
putting them at greater risk for identity theft andbeing requested, make sure the beginning letters in the
phishing."URL (web address) at the top of your browser
Over 70% of consumers freely provide personalwindow have switched to "https:" instead of just "http:"
information, such as their name, address, postal code,If they have not, it is highly recommended you do not
phone number, and account number, or give themake a purchase from that website.
answer to a security question, to an unsolicited call.In total, computer crimes accounted for 11.6% of all
The price for not being aware is astonishing. Forknown cases of identity fraud in 2004. Over half of
example, more than 38,000 people lost close to $15.4these digitally driven crimes stem from spyware --
million to the operator of a sophisticated-butsoftware the computer user unknowingly installs to
fraudulent-telemarketing scheme. The man convincedmake ads pop-up when the consumer is online.
timeshare owners to pay $400 for unit appraisals byhighly recommends you read the article, The World's
relying on misrepresentations to win them over, such#1 Internet Threat May Be Robbing Your Identity Right
as promising the unit would be purchased once it wasNow ... How to Effectively Detect, Eliminate and Avoid
appraised. At sentencing, the judge stated that PostalIt, for tips - and a free program - to prevent identity
Inspectors had uncovered "the most corrupt, the mosttheft by spyware.
extensive, and the most sophisticated mail fraudHow to Protect Yourself from Credit Card and
scheme this Court has ever seen." Seven others,Personal Identity Theft
including three of the operator's children and hisCan you completely prevent identity theft from
son-in-law, were convicted for their roles in theoccurring? Probably not, but you can dramatically
scheme.minimize your risk by managing your personal
Be suspicious of marketing calls wanting to verify yourinformation wisely and cautiously.
address or phone number over the phone. Do not sayHere are some tips to help protect you from credit
yes at anytime during the conversation and hang upand charge card fraud.
immediately!Do:
In-Person Theft: How Much Are You Really Paying* Sign your cards as soon as you receive them in the
For Dinner?mail, at a store, etc.
Carrying and using your credit cards and other* Carry your cards separately from your wallet, in a
sources of personal information "in-person" appears tozippered compartment, a business card holder, or
be by far the leading cause of stolen identity and creditanother small pouch.
card information. "In person" may mean you are right* Keep a record of your account numbers, their
there when the theft occurs - such as with retailexpiration dates, and the phone number and address
purchases at stores or someone "shoulder surfing"of each company in a secure place.
you while you're at an ATM machine -- or you left* Keep an eye on your credit card during live
your personal information in a location vulnerable totransactions, and get it back as quickly as possible.
theft.* Destroy carbon copies of your credit card bills.
According to 2004 research by Javelin Group, a* Save receipts to compare with billing statements.
respected retail and business research firm, over 30%* Open bills promptly and reconcile accounts monthly,
of personal identity theft occurred because of a lost orjust as you would your checking account.
stolen wallet, checkbook or credit card.* Consider replacing paper bills, statements and checks
Meanwhile, nearly 25% of personal identity theft is duewith online versions. Think about moving to an
to a "friend" or relative who had personal access toelectronic bill payment service, such as your bank or
the information, or a corrupt employee who hadbiller's web site, and stop sending signed paper checks
access to the information.through the mail. Visit the site(s) to monitor account
Offline transactions account for nearly 10% of suchactivity on a regular basis.
theft. A common scenario is going to out to eat at* Sign up for automatic payroll deposits.
restaurant and paying with a credit card. The problem* Use and regularly update firewall and anti-virus
occurs when you receive your next credit card bill andsoftware
see charges of several hundred dollars for things that* Notify card companies in advance of a change in
you didn't buy! At the restaurant the likely scenario isaddress.
that the employee probably ran the credit card twice,* Examine your credit card report from each of the
once for the meal charge and a second time on athree major credit-reporting agencies once a year.
magnetic card reader. The employee then copied theReport any credit card fraud to them. Equifax:
data onto a blank credit card and sold it to a third800-525-6285, Experian: 888-397-3742, TransUnion:
person or used it personally. This is not limited to800-680-7289
restaurants, of course - the threat exists at any retail* Shield your credit card number so that others around
location where you submit your credit card.you can't copy it or capture it on a cell phone or other
Garbage Theft: Your Trash is Another Person's Newcamera.
Identity* Before throwing out any statements containing your
Another common "live" location for theft of yourcredit card (or social security) numbers, it is highly
identity - account for nearly 5% of such crimesrecommended you shred the documents
according to the Javelin research - is the garbage.Do NOT:
If you fail to properly dispose of personal information* Lend your card(s) to anyone.
containing account numbers, addresses, and dates of* Leave cards or receipts lying around, whether at
birth, you're making it easy for "dumpster divers" tohome or at the office.
obtain valuable information and steal your identity.* Sign a blank receipt. When you sign a receipt, draw a
Such garbage diggers will often target upscaleline through any blank spaces above the total - this
neighborhoods. They pick up garbage bags onincludes the space for "Tips" if you have not filled it in
collection day, take them home and rummage throughat restaurants.
them for "the gold." The gold can include pre-approved* Write your account number on a postcard or outside
credit cards, discarded bills, and a host of otherof an envelope.
information containing social security numbers, credit* Give out your account number over the phone
card numbers and more. Tax season is an especiallyunless you're making the call to a company you know
prosperous time for dumpster divers as peopleis reputable. If you have questions about a company,
dispose of old receipts and financial records carelessly.check it out with your local consumer protection office
Mail Theft: Involved in Most U.S. Identity Theftor Better Business Bureau.
Identity theft is one of the most serious issues for the* Discard a computer without deleting all sensitive data
U.S. Postal Service, and of course for the general* Respond to emails that request you provide your
public.credit card info via email - and don't ever respond to
Thieves check mailboxes looking for paid bills or creditemails that ask you to go to a website to verify
card payments that people leave in their mailbox forpersonal and credit card information. These are called
the postal carrier to collect. They use information from"phishing" scams.
these items to obtain credit or to purchase products* Write your PIN number on your credit card or have it
and services in the victim's name.anywhere near your credit card (in the event that your
One story involves the operator of a sweepstakeswallet gets stolen).
scheme in Rock Hill, South Carolina. Postal Inspectors