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Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
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As we continue to live more of our lives online, identity theft remains a persistent challenge. Of nearly 5.4 million consumer complaints compiled by the Federal Trade Commission in 2023, identity theft made up 19% of all reports, with more than 1 million incidents.
Identity theft protection services can alert you to unauthorized activity on your credit reports and notify you if you’ve been exposed in a data breach. Some services also scan public and hidden websites for exposed data, help reclaim your identity if it’s stolen, and offer insurance to cover financial losses in the event of identity theft.
Cybercrime experts recommend regularly checking bank and credit card statements for signs of suspicious activity. When digital information moves at lightspeed, even the most vigilant may not notice fraud until it’s already occurred. Identity theft protection services can keep an eye on your personal accounts continuously and alert you when there’s potentially suspicious activity.
An all-too-common tactic of digital fraudsters is using stolen credentials (names, account numbers, passwords, Social Security numbers, etc.) to obtain loans or credit card accounts in the names of their victims. Identity theft protection can alert you proactively to new entries on your credit reports at the three national credit bureaus (Experian, TransUnion, and Equifax), so you can respond quickly to unauthorized activity.
Data breaches and other exposures of personal information often come to light only when batches of customer or patient records turn up on the “dark web,” a network of sites, inaccessible to standard web browsers, where criminals traffic in stolen data. Identity theft protection services that scan the dark web for the presence of your data can alert you if you’ve been exposed, so you can update security settings and keep watch on vulnerable accounts.
A privacy scan audits and automatically removes your information from “people search” websites that list public information identity thieves can use to supplement stolen data.
Identity theft insurance provides coverage of up to $1 million to reimburse expenses incurred through identity theft such as:
Some policies also include assistance from agents trained in identity theft restoration, who provide guidance on whom to notify and what paperwork to submit when reclaiming a stolen identity.
Criminals can abuse Social Security numbers (SSNs) in a host of ways, including applying for credit and government services in your name, and SSN trace alerts let you know if your number appears on illicit lists or websites.
You can detect many signs of fraudulent activity on your own by checking your credit reports for free every week at AnnualCreditReport.com and scrutinizing your bank and credit statements carefully each month. If you’re unable or unwilling to do so consistently, however, identity theft protection services can provide peace of mind by performing those checks automatically, and also may provide additional services such as scanning for signs your personal information is at risk.
Experian offers two tiers of identity theft protection, a basic account that notifies you of activity on your Experian credit reports and changes to your FICO® Score based on them; and a paid premium membership with services including:
The risk of identity theft is all too real, so it’s important to watch your credit reports, bank, and credit accounts for suspicious activity. Identity theft protection services, including those available free from Experian, can simplify that process. Premium services can also alert you when your personal data is at risk and even assist with the process of recovery from identity theft.
For any mortgage service needs, call O1ne Mortgage at 213-732-3074. We are here to help you with the best mortgage solutions tailored to your needs.
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