Tuesday, December 30, 2008

The State of Identity Theft

You'd think that by now with ID theft as prevalent as it is, that we'd have a better grip on what to do to prevent it and keep these thieves from stealing our information. Well, necessity is the mother of invention. Thieves continue to use more sophisticated techniques to stay up with or ahead of modern technology. To make matters worse, it's not just technology they're adapting to. They are also adapting to troubled times and using our down-turned economy to their advantage.

An article I read on the pressofAtlanticCity.com website quotes Jay Foley of the Identity Theft Resource Center as saying that thieves are continuing to be more creative and adapting to the current economic conditions. They are taking advantage of people who are looking for jobs, losing homes, and whatever else is ailing us. Be alert for these kind of scams. Offers of lower interest on your current home loan can seem promising, but make sure you verify the source of the lower interest and read the fine lines. Make sure it's real.

You can read more here. It seems that things are likely to get worse before they get better. Which is why you might consider an identity theft recovery solution from Merchants Information Solutions, Inc.. While prevention is the key to identity theft, it is always helpful to have a recovery advocate working on your behalf to restore your good name and credit to it's pre-theft status, should you become the victim of identity theft.

3 comments:

Anonymous said...

There are no guarantees. You can do everything right and still become a victim of identity theft because some hacker broke into the systems of a store where you shopped or your employer, doctor, or insurance company.

There just are no guarantees. Anyone who says otherwise is selling something.

Anonymous said...

BeBop is right. You can still be a victim through no fault of yours. That's why it makes sense to get into a program that will restore you to the condition you were in before you became a victim. There are a lot of programs that only put a lock on your credit file (LifeH@ck). Make sure you know what your getting for your $30 per month.

Anonymous said...

$30/month??!! Dude! You got took!