Financial Literacy for Everyone

Protect yourself against identity Theft

There are some simple steps you can take to reduce or minimise the risk of becoming a victim of identity theft.

Practice safe internet use
Delete spam emails that ask for personal information, and keep your anti-virus and anti-spyware software up-to-date. Shop online only with secure web pages. (Check the bottom of your browser for an image of a lock or look for "https" in the address bar.) Never send credit card numbers, ID numbers and other personal information via email.

Destroy private records
Tear up or shred credit card statements; ATM, credit, or debit card receipts; bank deposit receipts; loan solicitations and other documents that contain private financial information.

Secure your snail mail
Empty your mailbox quickly and make sure it is locked. When mailing payments and checks, consider dropping them off at the post office.

Be careful with your ID number
Your ID number is a major target for identity thieves because it can give them access to your credit report and bank accounts.

Beware of scams
Always be on the defensive with your private information. Never give out personal information to telemarketers or respond to emails from someone claiming to represent your bank, credit card issuer, a government agency, a charity, or other organisation. If you think the request is legitimate, contact the company directly to confirm their claims.

Check your credit report
At least once a year, obtain and review your credit report for suspicious activity. You can request a free copy of your report by contacting any one of the major Credit Bureaux:

Compuscan, Tel. 0861 514 131;
Experian, Tel. 086 110 5665;
Transunion, Tel. 0861 886 466 or 0861 482 482;
XDS, Tel: 011 645 9100;