Posts tagged "Identity"

How to Prevent Child Identity Theft

Fraud Expert John Sileo discusses why your child is 51X more likely to become a victim of ID Theft on Fox Business.

Why are our kids, the very people we most want to protect, so vulnerable to identity theft? Because they have unused, unblemished credit profiles. According to Carnegie Mellon University’s CyLab 10.2% of the children in a recent report had someone else using their Social Security numbers. That figure is 51 times higher than the rate for adults of the same population.

Thieves steal a child’s identity early on, nurture it until they have a solid credit score, and then abuse and discard it. If it’s not discovered in time, fraudulent use of your child’s identity could mean the loss of educational and job opportunities and starting off adulthood at a serious disadvantage with someone else’s bad credit in her name.

Posted in Identity Theft Prevention, Online Privacy, Sileo In the News by John Sileo, Identity Theft Speaker.
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ID Theft – Five Tips for Vacation Protection

Holiday travel brings various levels of challenge and stress. Don’t let identity theft risk add to your anxiety.

Here are five tips to help you to avoid becoming a victim while on vacation:

1. Stop your mail and newspaper. Avoid letting un-invited credit invitations sit in your mail box. You can stop your mail by phone or online at usps.com. Also, ask a trusted neighbor to watch for package & parcel deliveries and to hang on to them until you return. If you receive a daily newspaper, put your subscription on hold. A pile of un-retrieved newspapers in your driveway is a “Welcome” sign to thieves.

2. Don’t advertise that you’re on vacation. Make sure if you are going to post vacation updates on your e-mail, on social networking websites, or on your voice mail greeting, that you post generically, no specifics. Put a few lights on timers so that your home doesn’t look unoccupied for the entire time you’re gone. Replace the front porch light bulb.

Posted in Cyber Data Security, Fraud Detection & Prevention, Identity Theft Prevention by John Sileo, Identity Theft Speaker.
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How to Freeze Credit to Stop Financial Identity Theft

credit-freezeFreezing your credit is the number one way to protect against financial identity theft. If everyone in the country applied for a Credit Freeze, identity thieves would quickly be out of business. At least, a major part of their business. Take 30 minutes and lower your chances of identity theft drastically (see the online Freeze links at the bottom of this post).

To go directly to placing a security freeze on your 3 bureau accounts, page down to the bottom section.

Every time you establish new credit (e.g., open up a new credit card, store account or bank account, finance a car or home loan, etc.), an entry is created in your credit file which is maintained by companies like Experian, Equifax and TransUnion (listed below). The trouble is, with your name, address and social security number, an identity thief can pretend to be you and can establish credit (i.e., spend your net worth) in your name.

Posted in Identity Theft Prevention by John Sileo, Identity Theft Speaker.
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Sileo on 9News: Aurora City Council Identity Theft

By Kevin Torres, 9News

AURORA – Five of Aurora’s most powerful politicians found out how vulnerable they truly are. They’ve joined a long list of people who have fallen victim to identity theft.

The city councilors thought they were alone, until they heard from their colleagues at a council meeting.

“It was kind of a relief when I found it was a council thing and not me personally,” said Councilor Molly Markert.

Markert and four other councilors received bills for items they never even purchased, including electronic devices.

If there was ever an expert on identity theft, John Sileo would certainly be high on the list.

He’s written a few books on the issue and even does work for the Department of Defense and Homeland Security.

Sileo says the thief or thieves likely cracked the councilors’ codes by one of two ways.

Posted in Identity Theft Prevention, Sileo In the News by John Sileo, Identity Theft Speaker.
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Identity Theft Expert John Sileo on 60 Minutes

During a recent 60 Minutes interview, I was asked off camera to name the Achilles’ heel of an entire country’s data security perspective; what exactly were the country’s greatest weaknesses. The country happened to be New Zealand, a forward-thinking nation smart enough to take preventative steps to avoid the identity theft problems we face in the States. The question was revealing, as was the metaphor they applied to the discussion.

Achilles, an ancient Greek superhero — half human, half god — was in the business of war. His only human quality (and therefore his only exploitable weakness) was his heel, which when pierced by a Trojan arrow brought Achilles to the ground, defeated. From this Greek myth, the Achilles’ Heel has come to symbolize a deadly weakness in spite of overall strength; a weakness that can potentially lead to downfall. As I formulated my thoughts in regard to New Zealand, I realized that the same weaknesses are almost universal — applying equally well to nations, corporations and individuals.

Posted in Fraud Detection & Prevention, Identity Theft Prevention, Online Privacy, Sileo In the News by John Sileo, Identity Theft Speaker.
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