Identity Theft The Dangers Involved and How It Affects You!

Slides:

Advertisements

Similar presentations

Identity theft Protecting your credit identity. Identity Theft Three hundred forty three million was lost from consumers in 2002 The number of complaints.

Advertisements

Let’s Get Financially Focused! Objectives Students will be able to: 1. Define credit. 2. Explain the negative impact that counterfeiting, forgery, fraud,

Fighting Back Against Identity Theft A Presentation for CSM564 – Dr. Price By Matt Poole.

Presented By Drexel and FMFCU.

The Third International Forum on Financial Consumer Protection & Education “Fostering Greater Consumer Protection & Education” Preventing Identity Theft.

Identity Theft. Identity Theft – Some Basics affects million people per year keeps increasing each year most common items exposed during a data.

1. What is Identity Theft? 2. How Do Thieves Steal An Identity? 3. What Do Thieves Do with Stolen Identities? 4. What Can I Do To Avoid Becoming a Victim?

Preventing Identity Theft Beware the Trails You Leave Behind Use limitations: These materials may be used only for nonprofit, noncommercial educational.

Deter, Detect, Defend: The FTC’s Program on Identity Theft.

Kimberly Castner-Scott. What is Identity Theft I Identity theft and identity fraud are terms used to refer to all types of crime in which someone wrongfully.

Identity Theft What you need to know Betty White, April 2010.

1 Identity Theft and Phishing: What You Need to Know.

©2005 Qwest Communications International, Inc. NOTE: Qwest is providing the above information as a customer service for educational purposes only. Qwest.

Identity Theft. MIS Training Institute, Inc.Section X - Slide 2CS1 053 ©Network Security Services, LLC Outline n Definitions n Methods used n Ways to.

1. 2 Someone steals your personal information to commit fraud. A “buy now, pay never” shopping experience. What is Identity Theft?

The Dangers of Identity Theft By: Hannah Wolin 7 th Grade Marshall Middle School Anderson.

BEWARE! IDENTITY THEFT CARL JOHNSON FINANCIAL LITERACY JENKS HIGH CSHOOL.

Identity Theft Someone steals your personal information for his/her own gain It’s a crime!

Identity Theft consumer.gov. What is identity theft? When someone uses information about you without your permission. The information can be your: – Name.

Identity Theft By:Annalee Vanfossen. What is Identity theft? Faking someone’s identity who is not yours Trying to achieve something while using fake identification.

Identity Theft.

1.3.1.G1 © Family Economics & Financial Education – Revised October 2004 – Consumer Protection Unit – Identity Theft Funded by a grant from Take Charge.

1 Identity Theft: What You Need to Know. 2 Identity Theft Identity theft is a crime of stealing key pieces of someone’s identifying information, such.

© Oklahoma State Department of Education. All rights reserved. 1 Beware! Consumer Fraud Standard 9. 1 Fraud and Identity Theft.

Fastest Growing Crime in America. IDENTITY THEFT IS COSTING YOU BIG MONEY. 10 million people are effected by identity theft each year. More than 46 million.

The ins and outs of By: Megan Tucker. What is identity theft? The stealing of a person’s information, especially credit cards and Social Security Number,

OCPA NEIGHBORHOOD WATCH PROGRAM THE OHIO CRIME PREVENTION ASSOCIATION IDENTITY THEFT.

It could be you! Or is it?  Identity theft is when someone uses your personally identifying information, like your name, Social Security number, or.

MONEY MANAGEMENT II Billing Errors/Disputes & Identity Theft.

Identity Theft Kayla Brooks 7 th Grade Marshall Middle School Mr. Dryer.

Have You Lost Your Identity? By Sierra Bowland. Deter Detect Defend.

Washington State Department of Financial Institutions “Regulating financial services to protect and educate the public and promote economic vitality.”

Identity Theft By: Victoria Tuttle. DeterDetect Defend.

Identity Theft By: Chelsea Thompson. What is identity theft? The crime of obtaining the personal or financial information of another person for the purpose.

Security Awareness Identity Theft October Security Awareness. Identity Theft Someone acquires enough information about you to pose as you and.

Chapter 5 In-Class Notes. Background on Credit Types of credit: instalment and revolving open-end credit There are advantages and disadvantages to using.

Identity Theft  IDENTITY THEFT occurs when someone wrongfully acquires and uses a consumer’s personal identification, credit, or account information.

Identity Theft What is Identity Theft?  Identity theft is a serious crime. Identity theft happens when someone uses information about you without your.

Be Cautious of Identity Theft By: Sydney Langley.

IDENTITY THEFT OCCURS WHEN A CRIMINAL USES ANOTHER PERSON'S PERSONAL INFORMATION TO TAKE ON THAT PERSON'S IDENTITY. IDENTITY THEFT IS MUCH MORE THAN MISUSE.

© Oklahoma State Department of Education. All rights reserved. 1 Beware! Consumer Fraud Standard 9. 1 Fraud and Identity Theft.

7.3 Protect your Identity Objective: Understand the importance of managing and protecting your personal credit….

Understanding and Preventing.  Acquiring someone’s identifying information and impersonating them for gain.

Identity Theft. Inform Police and Postal Inspector Contact bank and ask to have account flagged Call credit card fraud units – Register a Fraud Alert/Victim.

CHAPTER 9 CREDIT PROBLEMS AND LAWS LESSON 9-1: RESOLVING CREDIT PROBLEMS Learning Goals -Explain how to dispute errors on billing statements and list ways.

Protecting Your Identity Anders Olson Computers III September 18, 2008.

VALHALLA PTSA November 17, 2015 Dr. Amy Fox. Teens spend a 'mind-boggling' 9 hours a day using media

© 2013 BALANCE / REV0513 Identity Theft Identity theft can be one of the most shocking and upsetting events to ever happen to you. Fortunately, there are.

Identity Theft What is it, is identity theft really a problem, how can I protect myself, what do I do if my Identity is stolen.

Narkeya White. WHAT IS IDENTITY THEFT? Occurs when a person gathers personal information to assume the identity of another person for illicit reasons.

BBB IDENTITY THEFT By Blake Bowland Computers III.

Protecting Yourself from Fraud including Identity Theft Personal Finance.

Identity Theft One of America's fastest growing crimes.

Carroll County Advisement Program FINANCIAL LITERACY *IDENTITY THEFT *MONEY MANAGEMENT.

Identity Theft Project By: Timmy Townsend And Eric Fields.

Protecting Yourself from Fraud including Identity Theft Advanced Level.

Identity Theft!!! Bill Ketjen Matt Grodhaus Two forms of crime IDENTITY THEFT  Using personal information for deception IDENTITY FRAUD  Using personal.

Identity Theft The fastest growing type of fraud..

Identity Theft Officer Bill Roscop Mount Prospect Police Department.

Chapter 6 What is identity theft?.  What are the three Credit Bureaus which you can obtain your FICO SCORE?  Is a high FICO score a measure of winning.

Jeff loses his identity! Lesson 5: Identity Theft.

Identity Theft. What Is Identity Theft? – Acquiring someone’s identifying information and impersonating them for gain.

The Wolf in Sheep’s Clothing: Identity Theft Professional Development Institute Truman State University.

WHAT YOU NEED TO KNOW Chevron Federal Credit Union Great Rates. Personal Service. chevronfcu.org  

Identity Theft It’s a crime!

By: Johnathan Rowse, Jacob Palmer, Kayla Morgan, Paige Frasier

Protecting Your Identity

Protecting Your Credit Identity

“Credit score vocabulary”

Founded in 2002, Credit Abuse Resistance Education (CARE) educates high school and college students on the responsible use of credit and other fundamentals.

Presentation transcript:

Identity Theft The Dangers Involved and How It Affects You!

What is Identity Theft? Stealing another’s personal identification numbers for fraudulent purposes. Stealing another’s personal identification numbers for fraudulent purposes. Accessed From: Accessed From: -Social Security cards -Drivers license -Credit Cards

The Two Main Threats! True Name Theft: True Name Theft: -Used to open new accounts Account Takeover Theft: Account Takeover Theft: -Thief uses the information to access existing accounts.

Here’s How Its Done! Eavesdropping (Shoulder surfing) Eavesdropping (Shoulder surfing) Stealing Mail (Dumpster Diving) Stealing Mail (Dumpster Diving) Using personal identification from a computer (hacking) Using personal identification from a computer (hacking) Impersonating a company through electronic communication (phishing) Impersonating a company through electronic communication (phishing)

How Does Identity Theft Affect You? Convincing credit report agencies that you are a victim of identity theft Convincing credit report agencies that you are a victim of identity theft Little support from law agencies Little support from law agencies Emotional damage Emotional damage Debt Debt It may take months to convince creditors and even longer to return to normal. It may take months to convince creditors and even longer to return to normal.

How Can You Protect Yourself? Dispose of charge receipts and bank statements safely Dispose of charge receipts and bank statements safely Try not to use your SS# if possible when providing information. Try not to use your SS# if possible when providing information. Carry only the credit cards you REALLY need! Carry only the credit cards you REALLY need! When using PIN numbers, avoiding using birthdays, the last four digits of SS#, or your phone number. When using PIN numbers, avoiding using birthdays, the last four digits of SS#, or your phone number. Check your credit report! Check your credit report!

It Could Happen to You! (1997) A lady in Maryland was called from Nations Bank in Texas (now Bank of America) who were demanding that she pay a payment for a Jeep Cherokee that she never purchased. She explained that she has never lived in Texas, but only resided there for a short period of time while she was on active duty, where at that time she opened an account with the bank. Mysteriously, a thief accessed her account, later opening 33 fraudulent accounts at a total of $113,000. It took 6-8 hours a day calling credit agencies, trying to prove that she was a victim of identity theft. The law provided no help. It took over a year to clear all fraud accounts. The problems did not end there. So far, she has dealt with 14 collection agencies. The end is nowhere in sight. (1997) A lady in Maryland was called from Nations Bank in Texas (now Bank of America) who were demanding that she pay a payment for a Jeep Cherokee that she never purchased. She explained that she has never lived in Texas, but only resided there for a short period of time while she was on active duty, where at that time she opened an account with the bank. Mysteriously, a thief accessed her account, later opening 33 fraudulent accounts at a total of $113,000. It took 6-8 hours a day calling credit agencies, trying to prove that she was a victim of identity theft. The law provided no help. It took over a year to clear all fraud accounts. The problems did not end there. So far, she has dealt with 14 collection agencies. The end is nowhere in sight.