Credit Monitoring Basics

A proliferation of information

As easy as the internet and mobile devices have helped make our lives, they have also contributed to the rise of a potentially devastating problem: identity theft. It's an unfortunate fact that, according to the Federal Trade Commission, identity theft is the fastest-growing crime in America today, in large part because we've essentially made it so much easier for thieves to take advantage in the first place.

Consider how much of your personal information is stored online. From social media platforms like Facebook and LinkedIn to online bank accounts, the internet is a veritable treasure trove of your credentials: names, birthdays, addresses, email, credit card numbers, passwords and so on. This kind of bait is irresistible to hackers and thieves, who are becoming increasingly adept at not only stealing this data but using it for their own purposes, opening up lines of credit all under their victim's name.

What can we do about it?

After all, it's not practical or even entirely feasible to completely remove all traces of yourself from online places. The internet is here to stay, and we shouldn't be scared off of it by criminals.

This is where a service that works as your credit monitor can help. Although it can't promise complete identity theft protection - nothing can guarantee that unfortunately - credit monitoring services will send you notifications when certain changes occur in your credit file that could indicate fraud. These alerts will allow you to take action, like freezing your credit.

Knowledge is half the battle, which is exactly what credit monitoring offers. The sooner you're aware of possible fraud your finances may be involved in, the more effective you can be in stopping identity thieves in their tracks. That’s where Identity Guard can help. With our variety of products, we specialize in helping people help protect themselves from identity theft. From a comprehensive credit monitoring program to a personal privacy protection plan, Identity Guard can help you find the right service to fit your needs and lifestyle.