If you are worried about protecting yourself from cyber crime, it is often suggested that you opt for identity theft protection services. However, it is to be understood that these services generally involve more of offering solutions when a problem occurs than taking precautions to ensure that the problem doesn’t at all occur. It is you who has to take actions to ensure that your data, as well as your identity, remain safe and secure. When you decide Wells Fargo protection against identity theft, this is what they usually will do:
1. Security to your personal devices – Since most people use their own mobiles or laptops to transfer data and information, make financial transactions, etc. it is important that these devices remain secure when connected to the internet. In fact, it has often been seen that hackers try to break into mobiles and laptops to steal valuable data, both personal and financial and most people are caught totally unawares. It is to eliminate such problems that these identity theft protection services make sure that hi-end anti-virus softwares are installed on all devices as precautionary measures.
2. Examine credit reports – According to the plans that you have chosen, the Wells Fargo enhanced identity theft protection will regularly scrutinize one or more of your credit reports to ensure that there are no unwanted or sudden fluctuations in your credit score. This will help in keeping a track on all the credit expenses that you make and when any unauthorized credit has crept in, thus affecting your credit score. On identification of a discrepancy, you will be alerted by the service provider.
3. Scrutinize your finances – It is important to monitor not only your credit history but also keep a track of other finances or expenses that you make, like your credit and debit card statements, bank statements, insurance policies, etc. along with unauthorized credit or loan applications that any imposter may have put forth. This is important to nip the crime in the bud and not wait till your credit history is affected.
4. Look after personal information – Financial information is not the only thing that’s stolen by cyber criminals, they are actively engaged in identity theft as well. So, your personal information must be taken care of all well. That is why Wells Fargo identity theft protection service also put in a lot of effort to ensure that your personal info isn’t misused by anyone. They guard against unauthorized representations, impersonation, etc. by criminals who often use personal info to apply for jobs, claim insurance, etc. which may put you at risk.
Obviously, you understand that most of the work that these identity theft protection services do is to find whether valuable information has been stolen, and if so, alert you of such a situation. So, you need to look for a firm that regularly monitors the important information and alert you at the earliest possible. Only then will you be able to find a solution to the problem that has struck you and prevent further hassles.