While you can't control the actions of the thieves who want to steal your identity, you can take the necessary precautions to make their job more difficult. Protecting yourself from identity theft is becoming increasingly necessary as more and more identity thefts and frauds are committed each year. In fact, in 2017 alone, 16.7 million people were victims of identity fraud.
Protecting yourself is essential. Here's how you can prevent identity theft.
Monitor your bank statements and invoices
If you haven't taken advantage of online banking, it's about time you should. The most common type of identity fraud is credit card fraud. As soon as you recognize a payment that you didn't make or receive an invoice for something you didn't buy, your identity might be compromised. Oftentimes, a thief might make small purchases, typically under five dollars, to test how often you check your statements.
Use a variety of changing passwords
It's unfortunately common for people to use the same password for everything. Once a thief discovers one password, they may have free reign over your other accounts, including social media, your bank account, and even your credit card payments.
It's essential to use a variety of passwords for different sites. Moreso, it's important that you change these passwords occasionally. To help you keep track of all your passwords, write them down in a secure location so only you can refer to them later.
Get a great wallet
Nowadays, thieves don't even have to approach you to discover the important information in your wallet. With RFID scanners, some high-tech thieves are able to scan your wallet for magnetic information inherent in your ID, your credit cards, and debit cards.
Even though this sounds like something out of a science fiction film, it happens every day. The best way to protect yourself from identity fraud is by using a carbon fiber credit card wallet. This material stops the RFID signals from being transmitted when they're not in use, making it a great option when you want to build your own wallet and stop identity theft in the process.
Are you interested in a carbon fiber wallet? You can build your own wallet, complete with an add-on money clip, today when you contact Fantom Wallet today.
Don't be a victim of identity theft. Fantom Wallet has developed a quick access thin credit card wallet designed to streamline your look and stop thieves in their tracks. You can even opt for their ultra slim wallet that holds coins for ease of use. When you want to build your own wallet, rely on Fantom Wallet to save your style -- and your identity -- today.