Title: 10 Warning Signs of Identity Theft That Could Leave You Broke
Cybersecurity experts have shared warning signs about identity theft that could leave you broke and in trouble with the law. These warning signs can help you stay vigilant and prevent some major damage to your finances and name.
Mysterious Charges on Your Credit Card
Look out for unfamiliar charges as these might be hackers testing the validity of stolen information. Trevor Cooke recommends checking your purchases at least once per day and calling your credit card company immediately if you do not recognize a charge.
Sudden Drop in Credit Score
A drastic drop in your credit score without any explanation is a major warning sign that someone might be using your identity to make unauthorized purchases. It’s recommended to monitor your credit score and set up alerts to be notified of any changes.
Unfamiliar Credit Card Statements
If you receive emails about credit card statements you don’t recognize, especially at unexpected times, investigate immediately. Contact the issuing company to verify the legitimacy of the card and cancel it if fraudulent.
Login Issues with Important Accounts
Hackers often try different passwords on various accounts hoping to gain access. If you’re suddenly locked out of your financial accounts, tax payment portals, or social media, it could be an identity theft attempt.
Suspicious Emails Addressed to a Different Name
Receiving emails where the sender uses the wrong name is a big red flag for phishing attempts. If you suspect your email has been compromised, report fraud, work with your provider to enhance security, and consider creating a new email address.
Missing Important Emails
If you stop receiving expected emails about bills, credit score updates, or bank account summaries, it could be a sign that someone has hacked your accounts.
IRS Contacting You About Fraud
Receiving a call from the IRS could indicate identity theft. Cooperate with the IRS and follow their instructions to recover your identity. Keep detailed records of transactions and financial information to share with the IRS if needed.
Denied Online Credit Card Applications
If your application for a new credit card is denied despite having good credit, review your financial records for unusual spending patterns and report any discrepancies.
Duplicate Bills
Receiving duplicate bills for credit cards, mortgages, car payments, or other services is a strong sign of identity theft. Flag any duplicate bills and contact the respective companies immediately.
Changes in Online Product Advertisements
If you start seeing ads for products you wouldn’t normally purchase, it could be a sign of identity theft. Monitor your online activities for unusual advertisements and be aware of any signs that your identity may have been stolen.