10 Tips to Reduce Identity Theft Risk

We recently experienced another identity theft claim and I know I’ve written about this in a previous newsletter. That being said a person has to be sure about who you’re giving personal information to and how you’re giving it out. Please take the time to read these tips and feel free to share with family and friends.

Before you reveal any personally identifying information, find out how it will be used and if it will be shared.
Pay attention to your billing cycles. Follow up with creditors if your bills don't arrive on time.
Guard your mail. Deposit outgoing mail in post office collection boxes or at your local post office. Promptly remove mail from your mailbox after delivery. Ensure mail is forwarded or re-routed if you move or change your mailing address.
Utilize passwords on your credit card, bank and phone accounts. Avoid using easily available information like your mother's maiden name, your birth date, the last four digits of your SIN or your phone number.
Minimize the identification information and number of cards you carry.
Do not give out personal information on the phone, through the mail or over the internet unless you have initiated the contact or know whom you're dealing with.
Keep items with personal information in a safe place. An identity thief will pick through your garbage or recycling bins. Be sure to tear or shred receipts, copies of credit applications, insurance forms, physician statements and credit offers you get in the mail.
Give your SIN only when absolutely necessary. Ask to use other types of identifiers when possible.
Don't carry your SIN card; leave it in a secure place.
Call us at 800-667-7640 for more information on keeping your personal information safe from identity theft.

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