A problem many people face nowadays is identity theft. This has especially become a problem thanks to individuals oversharing personal information on social media platforms.
Prominent platforms have also been hacked, and major social networks, such as Facebook, have not protected the privacy of our information as well as they should have.
In 2017, the American credit monitoring firm Equifax was faced with a data breach where hackers were able to steal the personal data of roughly 147.9 million Americans making it the mother of all data breaches.
However, this is something that occurs in the thousands on a yearly basis. This made it the largest data breach of personal information.
Prior to this attack, some 15.4 million consumers fell prey to other cases of identity theft in 2016.
With the threat increasing each year, you would think that consumers will be taking preventative measure to protect their personal information or find out whether they are at risk or not.
However this isn’t the case as many individuals not checking their credit score to see if they are victims of identity theft.
In America, consumers are encouraged to make use of services which help to keep check of their existing credit accounts whilst monitoring for any potential fraudulent activity.
While in South Africa, we might not be able to have access to such services we can report any suspicious activity to South African Fraud Prevention Services (SAFPS).
We need to do whatever we can to protect our personal information on the internet. Being vigilant will help to reduce a lot of stress in the future and prevent you from being a victim of identity theft.
Extricating your good name after Identity Theft can be a laborious business and you may want an attorney to assist you.
Contact us to help resolve issues with fraud and identity theft
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