id theft & account fraud
DESCRIPTION
a. Welcome to. ID Theft & ACCOUNT FRAUD. Prevention & Cleanup. Money WI$E. A CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP. What will you learn?. During this presentation you will learn: How ID theft and account fraud happen The effects of ID theft and account fraud - PowerPoint PPT PresentationTRANSCRIPT
a
ID Theft& ACCOUNT FRAUD
Welcome to
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Prevention & Cleanup
What will you learn?
During this presentation you will learn:
• How ID theft and account fraud happen
• The effects of ID theft and account fraud
• How to avoid becoming a victim
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
The changing face of ID theft
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
What is ID theft and account fraud?
When someone steals another person’s personal information to commit fraud
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
So
Medical ID theft
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Criminal ID theft
Child ID theft
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Theft of a deceased person’s identity
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
How do thieves get your information?
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
It could be an inside job!
Data Breach
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
The costs of identity theft
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
ID theft prevention
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Medical Information Bureau (MIB)
IntelliScript and MedPoint (prescription drug purchase histories)
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Specialty reports
Specialty reports
Residential tenant reports
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Check-writing history reports
Employment data reports
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
The Work Number maintains information on approximately 25 million employees:
800-996-7566
www.theworknumber.com
Insurance claims reports
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Informs insurers about claims you have made against your homeowners or automobile insurance policies
LexisNexis C.L.U.E.: 866-312-8076
Insurance Services Office (ISO) A-Plus: 800-627-3487
Employment background checks
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
LexisNexis Employment History Report
866-312-8075
personalreports.lexisnexis.com/employment_history_report.jsp
Utility & telecommunications records
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Internet safety
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Active duty alert
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Already an ID theft victim?
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
ID theft cleanup
File a police report
Contact appropriate state and federal law enforcement agencies
Complete a free ID theft affidavit from the FTC: www.ftc.gov/idtheft
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Fraud alerts
What is a fraud alert?
Credit bureaus will work with you to verify information and delete fraudulent data in reports
Place a “minor” alert if you suspect your child’s identity has been stolen
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Freeze your credit
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Shopping for ID theft services
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Dealing with collection agencies
Government resources FTC: www.ftc.gov/idtheft
OnguardOnline.gov: www.onguardonline.gov
StopFraud.gov: www.stopfraud.gov
IDTheft.gov: www.idtheft.gov
United States Postal Inspection Service: https://postalinspectors.uspis.gov
Social Security Administration: www.ssa.gov
FBI: www.fbi.gov
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Non-profit resources
Consumer Action: www.consumer-action.org
Identity Theft Resource Center: www.idtheftcenter.org
National Fraud Information Center: www.fraud.org
Privacy Rights Clearinghouse: www.privacyrights.org
AARP: www.aarp.org/money/scams-fraud/
National Association of Attorneys General (NAAG): www.naag.org
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Other resources Identity Theft Assistance Center:
www.identitytheftassistance.org
2013 Identity Fraud report: Javelin Strategy & Research: www.javelinstrategy.com
Fact Sheet 115: When You Personally Know the Identity Thief Identity Theft Resource Center: www.idtheftcenter.org
Fact Sheet 17a: Identity theft: What to Do if It Happens to You Privacy Rights Clearinghouse: www.privacyrights.org
Synthetic Identity Theft: Identity Theft Resource Center: idtheftcenter.blogspot.com/2012/06/synthetic-identity-theft.html
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
MoneyWI$EA CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP
Visit money-wise.org for additional information and to access free
financial education materials