Credit Card Identity Theft

A stolen and misused identity can ruin years of good credit and financial reputation. There are steps that can be taken to help prevent identity theft such as protecting all sensitive paper documents, not banking on public WIFI, and not keeping pictures of personal identification stored digitally. However, despite your safeguarding efforts, there is no method that will 100% guarantee that your financial information will be safe. One of the most prevalent cases of fraudulent activity is credit card identity theft.

How This Can Happen

Credit Card Identity theft can happen through either physical or digital means. Skimmers are small, subtle mechanisms that can be placed over credit card readers at an ATM, gas station, or any place that uses an automated credit card reader. When you enter your card, the skimmer reads your credit card information without you knowing that anything has been stolen, and the identity thief has access to the entire credit limit on your card. Another example of credit card theft is the physical theft of credit card offers that have been improperly disposed of. When you throw away credit card offers that you receive in the mail with starter cards attached to them, identity thieves can pull the cards from your trash and use the cards as if they were you.

Can You Protect Yourself?

Card skimmers and thieves are intentionally hard to detect, so it is not always easy to prevent. Identity Guard® offers protection that can help you detect fraudulent activity. Credit monitoring tracks your credit files and alerts you if certain activity is found, such as new lines of credit opened in your name. Online black market monitoring searches black market websites, chat rooms, and underground forums to detect if your Social Security number or registered credit cards are being sold. If we find certain activity, we'll send you prompt alerts so you can take action. Count on us to help protect what makes you…↑ you. Get protected with Identity Guard today.