Identity Theft on the rise affecting over 13 Million


13.1 million people were stricken by identity theft last year in America, reports a study by Javelin Strategy & Research which reveals: Many people who don’t trust their banks are unwittingly doing things that make crime easier for crooks. This includes not using the bank’s protection services such as e-mail alerts. Oddly, there are more victims than ever, but the total amount stolen is less. But that hardly matters when you consider that in the past six years, $112 billion have been stolen. 18 percent of U.S. identity fraud involving cards was carried out beyond the U.S. New-account fraud is being driven by EMV. Javelin Strategy & Research’s Recommendations Every account should have a different password. Every password should be long and strong, not containing keyboard sequences or actual words or proper nouns (sorry, this means no Metallica1), and including a mix of characters. Consider using a password manager. Smartphone protection is a must. This means being vigilant about
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