August 6, 2014
With data breaches becoming a common occurrence, data security experts say it is getting increasingly more difficult for businesses and individuals to protect their personal and financial information. However, it must be done. There have been many high profile data breaches lately involving Target, Michael’s, Mozilla and PF Chang’s.
Since data security is the responsibility of individual merchants and websites, there’s not much that consumers can do to prevent data breaches from occurring. However, you can take steps to prevent your identity from being compromised.
BBB urges you to make identity theft protection for the entire family a routine priority.
- using strong passwords
- changing your passwords frequently
- not using the same password for every online account or website
- monitoring your banking and credit card accounts frequently, if not daily
- setting up automatic activity alerts on banking and credit card accounts so that you are notified every time a transaction is made
- setting up alerts on your credit reports with the three credit reporting agencies
- checking your children’s credit reports for unauthorized activity
- being careful about the types of information that you disclose online
- discussing identity theft and online security with every member of your family who uses the Internet, from the youngest to the oldest.
By taking these steps, you may be able to detect unauthorized activity earlier so that you can minimize the damage that identity theft can do.