Is Identity Theft Protection Really Necessary or is it a Waste?

By
Services for Real Estate Pros with IDTheftSecurity.com Inc

I am constantly seeing articles and blogs that ID protection is not a necessity. These might be called “The Poor Man’s Guide to Identity Theft Protection,” or “Identity Theft Protection Doesn’t Work.”  Though some of the things mentioned in these articles are true, overall, they are totally missing the point.

Here is the situation. You cannot possibly protect yourself from every type of identity theft out there, and when you can, it really requires a lot of work. No matter what, it’s going to be time-consuming, can cost you money, and even make you pretty anxious.

For those who have chosen not to make an investment into identity theft protection say that they don’t have to because they can do it themselves. Here is what they do:

Shred Your Mail, and Be Safe

One of the things that people do to make sure their identity is safe is to always shred their mail. This is especially important when the mail contains account info. However, this step isn’t enough. Yes, you might be doing your part, but how can you be sure that your mortgage company, bank, or even water company is not simply throwing paperwork with your account information in a dumpster. Once it’s there, anyone can take it.

Opt Out of Junk Mail and Pre-Approved Credit Card Offers

Opting out of pre-approved credit card offers and other junk mail is pretty easy to do. You can do it right online at OptOutPrescreen.com. Just keep in mind that some of them will still get through and end up in your mailbox and maybe get stolen.

Pay for a P.O. Box

I’m not totally sure why people believe that it is safer to use a P.O. box, but they do. Technically, your mail is more secure at the Post Office than in your mail box, but it really doesn’t help too much. Otherwise get a locking mailbox.

Check Credit Reports

You should always be checking your credit report, but those who think they can stop ID theft by checking their credit report are not quite correct. Once you see a problem on your credit report, the damage has already been done. Ideally, you should check your report more than once a year, but you can get a free credit report online at AnnualCreditReport.com.

Set Up a Fraud Alert

Another thing that people do because they think it protects them from ID theft is set up fraud alerts. Fraud alerts are good, but they are only valid for 1 year, and most people forget to renew them. On top of this, they are simply guidelines for creditors, and they don’t even have to contact you if they see a fraud alert.

Credit Freezes

People also believe that they are totally safe if they freeze their credit. This is a good thing, and I do think everyone should look into it, but it doesn’t protect you from all types of ID theft. This includes account takeovers, tax-related ID theft, and medical ID theft.

Though all of these things can help, and in some cases, can greatly help, they are no replacement for professional identity theft service. Instead, they can put you in a tough position.

ROBERT SICILIANO CSP, is a #1 Best Selling Amazon author, CEO of CreditParent.com, the architect of the CSI Protection certification; a Cyber Social and Identity and Personal Protection security awareness training program.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Tags:
identity theft
id theft
id protection

Spam prevention
Show All Comments
Rainmaker
3,561,073
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Robert... I did not know of optoutprescreen.com... thanks for this information.

Sep 02, 2020 09:15 AM #1
Rainer
24,761
Gary Rossignol
RE/MAX Preffered Group - Cincinnati, OH
Greater Cincinnati's Rock-n-Roll Real Estate Agent

The best ID Theft protection I have found is called IDShield. I have had that service along with LegalShield for many years and it works. IDShield comes with 3 Bureau Monitoring. It provides Identity Theaft alerts and unlimited consultations with Licensed Private Investigators. 24/7 Emergency Assistance, Credit Inquiry Alerts, Lost Wallet Assistance, Data Breach Notifications, Sex offender search, SS number search and fraud detectioin plus I have a mobile app. The bonus is if any of these items gets hacked or my identity gets breached they not only monitor and report it...THEY HAVE COMPLETE IDENTITY RESTORATION...THAT'S RIGHT THEY FIX IT. The cost is only $9.95 per month and for me that is a wise investment. Check it out at www.LSGaryRossignol.com. It's just the smart thing to do!

Sep 04, 2020 07:17 PM #2
Ambassador
4,293,550
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Thanks for the tips, Robert. I know a couple of people who had issues with identity theft and it was truly awful what they had to try to deal with.

Sep 04, 2020 10:24 PM #3
Rainmaker
335,494
Dennis J. Zisa & Associates, Inc.
Dennis J. Zisa & Associates, Inc. - Camden, NJ
29 years in So. Jersey and the Greater Camden area

Thanks for the tip on OPTOUTPRESCREEN.COM. I did not know such a service exists. 

Sep 05, 2020 05:50 AM #4
Rainmaker
2,247,754
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Robert - you can become anious as to whether you are doing enough.  I try to do what I can.

Sep 09, 2020 06:48 AM #5
Ambassador
4,326,902
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Robert- I too was unaware of Optoutprescreen as well!!!   Thank you for this!!!

Sep 09, 2020 01:34 PM #6
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
922,607

Robert Siciliano

Realty Security and Identity Theft Expert Speaker
Ping me to book a program for your group
*
*
*
*