Easy Tips to Prevent Identity Theft

While Polish-American Federal Credit Union has stringent security measures in place to secure your information, members must also be diligent for themselves, too. Follow these tips to help keep yourself safe.

What is Identity Theft?

Imagine someone using your Social Security number, credit card details, or other personal information to open accounts, rack up debt, or even commit crimes – that's identity theft! It can be a huge hassle to sort out, and it can damage your credit score for years. Not cool.

Why Should You Care?

Here's the deal: identity theft can be a major headache. It can take a lot of time and effort to clear your name and fix any financial damage. By taking some proactive steps, you can save yourself a world of trouble.

Top 5 Tips to Dodge Identity Theft and Scams

Now for the good stuff! Here are the top 5 things you can do to protect yourself:

1. Be a Password Pro:

• Strong Passwords: Gone are the days of "password123." Create strong, unique passwords for all your online accounts. Think a mix of uppercase and lowercase letters, numbers, and symbols. The trickier, the better!
• Password Manager: Memorizing complex passwords is a pain. Consider using a password manager app to store them securely. Just remember one strong master password for the manager itself.
• Two-Factor Authentication (2FA): This adds an extra layer of security by requiring a code (sent to your phone or email) on top of your password. Turn it on for important accounts like banking and email.

2. Be Smart about Social Media:

• Privacy Settings: Take control of your social media profiles. Review and adjust your privacy settings regularly. Limit who can see your personal information, like your birthday or address.
• Think Before You Share: Not everything needs to be broadcasted to the world. Be mindful of what you share online, especially personal details. Scammers can use that info to target you.

3. Be Wary of the Web:

• Phishing Frenzy: Phishing emails and fake websites try to trick you into giving up personal information. Be suspicious of emails or messages urging you to click on links or download attachments. Don't click unless you're 100% sure it's legit.
• Freebie Frenzy: As they say, if something seems too good to be true, it probably is. Be cautious of free offers or deals that require you to enter a lot of personal information.

4. Shred Like a Secret Agent:

• Shred Everything! Don't just toss old bank statements, credit card offers, or anything with your personal details. Shred those papers before throwing them away. It might seem old-fashioned, but it's a great way to keep your info out of the wrong hands.

5. Monitor Your Money Like a Hawk:

• Credit Report Check-Up: Get free copies of your credit report from each of the three major bureaus (Equifax, Experian, TransUnion) at least once a year. You can request them at Annual Credit Report: https://www.annualcreditreport.com/. Look for any suspicious activity, like accounts you didn't open.
• Alert and Aware: Many banks and credit card companies offer account alert options. Sign up for text or email alerts that notify you of any suspicious activity on your accounts.

Bonus Tip: Freeze It!

Consider placing a credit freeze on your credit reports. This prevents new lines of credit from being opened in your name without your permission. It's a great way to add an extra layer of security.

Stay Safe Out There!

By following these tips, you can significantly reduce your risk of identity theft and scams. Keep yourself informed and stay vigilant. And if you ever suspect something fishy, don't hesitate to report it to the authorities or the Federal Trade Commission (https://www.identitytheft.gov/).