The hustle and bustle of the holiday season is an exciting time. But from the crowded malls to the big online markdowns, a silent threat lurks – one with the ability to wipe out your good financial standing and make it a not-so-jolly holiday for you and your family. Safeguard Your Identity During Holidays
Just as you would assess your holiday gift budget, it’s equally important to understand and evaluate the status of your identity, taking special precautions to help safeguard your information.
In the digital world, sharing your identity to obtain credit, make online holiday purchases or even receive coupons is commonplace and necessary – but it opens the door to new risks. Today, data breaches are frequent and they can put your personal information in the wrong hands. Safeguard Your Identity During Holidays
In fact, a new study of more than 1,200 consumers conducted by Morpace on behalf of LifeLock, a comprehensive identity theft protection service, found that almost two-thirds (64 percent) of data breach victims experienced it within the last 12 months1. And while data breaches can certainly cause considerable damage to someone’s financial standing, the stakes in identity theft are exponentially higher.
The survey also found that about half of respondents who experienced identity theft do not know how their information was obtained2. While most people assume these criminal acts occur to only those with an online presence, anyone can be a target. Even unique, permanent credentials, such as Social Security numbers and birthdates, can live online regardless of an owner’s physical presence or real-world activity.
Identity theft can have uncontrollable and significant long-term financial implications, with thieves going as far as opening a bank loan, or committing tax fraud in your name.
The specialists at LifeLock offer these tips to help protect you while shopping this holiday season:
As a consumer educated on identity theft, you’ll have some peace of mind and be more able to focus on the fun of the shopping season. For more information, visit LifeLock.com.
1 Based on the responses of 1,200+ U.S. consumers surveyed by Morpace, an independent third-party research firm, September 2014. Page 13.
2 Based on the responses of 1,200+ U.S. consumers surveyed by Morpace, an independent third-party research firm, September 2014. Page 62.
As a Senior.com Director of Marketing, Kimberly Johnson is passionate about providing Seniors with the resources and products to live well. Kimberly is a seasoned caregiver to her family and breast cancer survivor. Her father battled ALS, Lou Gehrig’s disease, for 13 months before passing. Today Kimberly lives in Southern California near her 102 year old grandmother, widowed mother, a mentally disabled sister and second sister who is also a breast cancer survivor. She is happily married to her husband of 22 years and they have 3 children.View All Articles