6 ways how identity thieves can target you

April 21, 2022

Ways identity thieves can target you

One of the most lucrative crimes in today’s digital world is identity theft. It is one of the fastest-growing forms of crime. A survey in 2020 found that around 8 percent of digital consumers had become victims of identity fraud at least once.

The responsibility of identity verification lies with the organizations where it is being used. These companies need to verify whether the user is authentic and if they are who they say they are. That is why they rely on technologies like identity verification at au10tix.com. These companies use state-of-the-art verification methodologies. And they were perfected at ports of entry into countries.

6 cunning ways how identity thives can target you

Having one’s identity stolen can result in a range of economic losses. It can be as simple as a drop in your credit score, which can happen if the hacker has used your credit card to make large purchases and you are unable to pay the dues. It could also be something as grave as committing a crime using your name and identity, leading to your arrest.

Public Wifi

Free and open wifi is one of their favorite hunting grounds. Your computer and smartphone give out low-power electronic signals. These thieves will snoop around for them so that they can retrieve your exposed passwords and personal information. You should be careful even if your device is not connected to wifi. You should be cautious of suspicious-looking individuals hanging around you in public wifi areas.

Identity thieves can carry briefcases that have hidden antennas and microphones. These devices pick up acoustic emissions.

Chat Applications Used for Work

If you work in a digitally enabled profession or work from home, you probably use chatting software. Chat apps such as Slack have become popular. They are extremely useful for team coordination. However, you should be wary about what kind of information you share on the chat channels.

It’s always best to ensure that the chat applications you use are end-to-end encrypted. The chat messages are only readable on the senders’ and recipients’ devices. If this isn’t possible, never share sensitive information on the channels or over email.

Loyalty Program

Both online and offline retailers offer customer loyalty programs. For this, retailers create reward programs. Identity thieves have often targeted these accounts to gain easy access to personal information.

These reward program databases aren’t very securely managed. You should share as little personal information as possible when you open a rewards account. Use a strong password and update it regularly. Also, do not use the same password for multiple services.

Frequent Flier Miles

This is similar to customer loyalty programs. Hackers have targeted frequent flier accounts for personal information. Not only that, but they have also used these accounts to obtain free tickets for themselves.

It is easy to forget about these accounts, but it is recommended that you monitor them regularly. And as mentioned before, remember to use password best practices.

Taxes

The end of the financial year is when identity thieves become very active. They replicate authentic tax service company emails. It is a very easy way for these thieves to obtain personal information. They can even call you, pretending to be a tax service company or even the IRS.

They will say that you need to verify some of your details with them to avoid legal complications. Be on the lookout for phishing emails during this period. And if you do get a call, hang up the phone and call the company back on their official number. If your case is genuine, the IRS and the company will have records of it.

Wallets

People in the developed parts of the world have largely stopped using cash and credit cards. Yet, people’s physical wallets still get stolen. Identity thieves aren’t after the small amount of cash you are carrying. Instead, they want access to the sensitive documents you carry in your wallet.

An example would be your driver’s license. It contains a lot of data that could be used to create a fake identity. Social security cards and passports are documents you should never carry around in person unless direly required.

Conclusion

The modern times along with all the benefits have been exploited by thieves and we are seeing constant rise in cyber crime. Understanding all the ways identity thieves can target you can help you stay secured.

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