Discover five things you can implement to ensure you’re as protected as possible against identity theft fraudsters.
Fraudsters are continually finding new and clever ways to access and use information illegally. Identity theft is becoming an increasingly common occurrence in South Africa and the rest of the world. There’s no surefire way to avoid becoming a victim of identity theft. However, there are steps we can take to protect ourselves from falling prey to such crimes.
Here are five ways to bulk up your identity theft protection and keep your personal information out of the wrong hands:
1. Strong, complex passwords are the enemy of identity theft
Strong passwords use a combination of upper and lowercase letters, numbers and symbols. They do not contain sequences or repeated characters. Avoid using obvious information that can be easily guessed, such as your birth date etc. Over and above this, create unique passwords for each account you have and change them often – don’t use the same password for all your accounts. Where it’s available, also take advantage of either two- or three-factor authentication (3F being the ultimate in defence). Both of which involve added steps of authentication, thereby creating an even stronger barrier for criminals to try breach.
2. Monitor your credit and bills
Make sure to monitor your credit and incoming bills by regularly checking monthly bank statements for any unusual or unknown activity. If something looks amiss, flag it with your credit provider immediately so that it can be looked into. It is easy to overlook small purchases, but those looking to steal your identity will often first make a small purchase or two to test the validity of the card and information before proceeding to the big stuff. They also do this to see if they’re able to sneak by undetected, so keep your eyes peeled.
3. Secure your online data to avoid identity theft
Be cautious with links as many phishing scams involve thieves using email to trick you into giving them your personal information. Often, these messages can look like they’re coming from a reputable source. If something seems off about an email, especially one where it asks you to click on a link or download an attachment, rather don’t click or download. Just be mindful of where you choose to share your personal details. Also, when using public WiFi connections and unsecure websites – be wary. These are often used by hackers to scrape your information.
4. Invest in a shredder
Ideally, you should try change over to being paperless as much as possible when it comes to bank statements etc. If you’re still going to be receiving the odd hardcopy, don’t just throw them away once you’re done – shred them. If you don’t have a shredder, then at least tear up any documentation properly before discarding it.
5. Maintain anti-virus and anti-malware software
Keeping your anti-virus software on your devices up to date can play a vital role in preventing fraudsters from gaining access to your personal information. It creates another obstacle for them to overcome. This makes it that much harder for them to carry out their desired data breach.
Should you suspect that your identity has been compromised, you can apply immediately for a free Protective Registration listing with the SAFPS (the South African Fraud Prevention Services). You can do so easily and in less than five minutes using a Smartphone. This service alerts SAFPS members (which includes banks and credit providers) that your identity has been compromised. They are also alerted that additional care needs to be taken to confirm that they are transacting with the legitimate identity holder. Consumers wanting to apply for a Protective Registration can contact SAFPS at protection@safps.org.za
Safeguarding personal data online calls for vigilance. This may require you to take several steps that may take a little extra time. However, that can help you avoid major hassles in the long run.
