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Tuesday, October 26, 2010

Identity theft still around and still worth your concern

Jeff Blyskal, senior editor for Consumer Reports, says people are afraid of identity theft because it’s “hyped up” by companies selling ID theft protection products. That’s the reason millions have signed up for the services, and at once feel completely secure.

Not so, says Jay Foley of Identity Theft Resource Center (ITRC). You could still be vulnerable on banking transactions, illegal use of your driver’s license, and what kind of fraud is going on with your credit cards in the worldwide Internet underground.

The video below is an excellent explanation and WARNING on identity theft from ITRC.

Foley says some of these companies offer “whole life monitoring,” which also checks public records that often can detect identity threats. One of the companies he likes is Identity Guard, which I agree with based on my experience with them.

For all questions on how to protect yourself, visit ITRC’s “Prevention Tips.”

Read more here.

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