The risk of identity theft is on the rise as we share a lot of information online. We normally share all our information including our names, emails, phone number, address, PAN card number and so on. Under identity theft, fraudsters steal your information and use them for carrying out frauds.
In most of the cases, fraudsters use the stolen information to apply for a personal loan, two wheeler loan or a credit card with a bank. After fraudsters apply for loans and credit cards using the stolen information, the responsibility of repaying falls on the person whose information has been stolen.
In some cases, stolen information is even used to conduct social crimes. Fraudsters might use someone's name and photo to create a fake profile on social media. These profiles will be used to commit frauds.
See Also: Signs of Identity Theft
We all share a lot of information online and usually, this information will be safe and secure. But, sometimes information shared by you can be leaked online due to some security breach. This information will go into dark web marketplaces where it will be bought by fraudsters at cheap rates. Fraudsters even use phishing and malware attacks along with social media stalking to steal personal information of people.
Here are certain tips which will help you to stay safe from identity theft.
It is advisable to keep your information private on social media platforms like Facebook, Twitter, and Instagram. If you do not keep your information private, it can be used by fraudsters to carry out fraud. Also, avoid accepting request from people whom you do not know.
In case you receive a call from a person who claims to be calling from a bank and asks you to provide your personal information, kindly ignore them. Because no banks or reputed companies will ask you to provide your personal information over the call.
Almost all your personal and financial information will be saved in your smartphone and laptop, so it is very important to protect them properly. Make sure to put a screen lock on your phone using a PIN or password. Also, don't enter your password in public places while availing any service.
Develop the habit of keeping important documents at a safe and secure place so that nobody can access it other than you and the people you trust. Important documents will have crucial information which can be misused if it falls in wrong hands.
Your personal information can be stolen even through malware and phishing attacks. So it is advisable not to click on any suspicious link sent through emails. Also, you should log in only to genuine websites while purchasing goods or availing any services online.
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