We've seen it many times now: the credit card number has been hacked, and in fact millions of large retailer customers like Target and the recent Home Depot have collaborated, although identity theft insurance won't stop identity thieves, but in some cases It minimizes the loss of identity theft. This security hole is a huge problem for companies, US governments, investors and other holders.
But no one can afford the buzz of this crime rather than the American consumer. Have you been stolen? Can you imagine how it feels? If someone owns your credit card or driver's license, will your social security number deteriorate again? According to Javelin Strategy & Research, a top risk management consulting firm "every two seconds, another American is a victim of identity fraud." A rather scary statistic, and even more frightening, the number of identity fraud victims jumped to 13.1 million in 2013, an increase of nearly 500,000 over the previous year.
With the Home Depot data breach, millions of credit card numbers were stolen and then resold on a pirate site in the Eastern District of Cyberspace, so the number of criminals who launched this cyber war is increasing. If you want to take an informed guess is my guest! More convincingly, our cyberspace comrades have delved into the complexity of the same credit card numbers they sent in postal codes. So the first fraud alert system was bypassed. All of these criminal activities have been adjusted for losses. These losses totaled only $24.7 billion in direct and indirect losses in 2012. Needless to say, this figure is rising.
Now, we have suggested or possible ways to solve this huge problem. Even if there is no magical pill identity theft insurance for this problem can alleviate some of the losses that identity theft may cause. Identity theft insurance typically provides useful credit monitoring services as well as on-time personal credit scores. Beneficiaries can access a secure web platform where they can view the latest credit reports based on all three credit reporting agencies to get the best plan. The report will also analyze your personal credit score in detail. In addition, the service will provide continuous monitoring and security alerts so you can receive quick emails about any activity in your credit file.
Another benefit of LegalShield's identity theft insurance through Kroll Advisory Solutions is identity consulting and recovery services.
Orignal From: Identity theft rich mine
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