Unfortunately, criminals are becoming more and more sophisticated, continually finding new ways to circumvent security measures. As such, it can be difficult for companies and individuals to understand the means in which their personal information can be compromised, as the constant evolution of the internet means thieves are continually developing new ways to scam and steal from hard-working individuals. However, it is imperative to understand the common ways in which hackers obtain sensitive information so you can best protect yourself. The following blog explores methods utilized by thieves and the importance of working with a Michigan identity theft lawyer if you have reason to believe you are a victim.
What Methods Do Hackers Use to Commit Identity Theft?
One of the most common methods for obtaining the personal information of consumers is through data breaches. Essentially, any time an unauthorized party gains access to the data of others, it constitutes a data breach. This can impact government offices, medical providers, retail stores, and even financial institutes. Most commonly, thieves can bypass the security measures implemented by these companies to obtain email addresses, passwords, birthdates, and even social security numbers to use for their own gain. Often, when a data breach occurs, the thief will take the information of hundreds of thousands of individuals and sell the information to others looking to commit identity theft.
Another way in which thieves can take advantage of consumers is through phishing scams. A phishing scam is a scheme used by thieves that targets individuals through text or email by posing as a legitimate company. For example, they might send a text message to an individual posing as their bank, alleging that someone has tried to make a large purchase using their debit card. The text will then have a link to log in and change the password on the account for additional security measures. However, when the victim clicks the link and enters their banking information, they are providing it directly to the thief.
Finally, you’ll find that banking information can be stolen through the use of card skimmers. These are devices that attach to the card readers at point-of-sale terminals like ATMS, gas stations, and even retail locations. These skimmers glean the credit card information of patrons who insert their cards to make a payment.
What Can I Do if My Identity Has Been Compromised?
Discovering that you are a victim of identity theft can be incredibly overwhelming. However, it’s critical to take immediate action to prevent more adverse impacts on your life. As such, one of the most important things you can do is contact the credit reporting agencies to request a fraud alert be placed on your account, as this requires creditors to confirm your identity before opening accounts in your name. Additionally, you should contact any impacted financial institution to report the fraud.
One of the most important things you should do, however, is contact an experienced identity theft victim defense attorney with Lyngklip & Associates. Our firm understands how devastating it can be to discover that hackers have obtained and used your personal information. That is why our firm will do everything possible to help you reclaim your identity. Contact us today to learn how we can fight for you during these difficult times.
