Ontario CA Group Reminds Public About Identity Theft
Many people think that protecting themselves from identity theft is as simple as not giving out their Social Insurance Number (SIN), keeping their credit card in their sight and not using passwords as simple as a birth date. But there’s a lot more to it than that, according to Ontario Chartered Accountants.
“Criminals are out there, right now, looking for information about you,” says Chartered Accountant Rudy Duschek, a senior consultant with chrismathers inc., a Toronto crime and risk consulting firm. “Identity thieves are perceived as being opportunistic and fast workers, but the opposite is true. They are extremely patient.”
There are steps you can take to protect yourself. “You may never be able to completely prevent identity theft, but you can make it as difficult as possible for the thieves,” advises Chartered Accountant Ryna Ferlatte, MNP LLP’s investigative and forensic services practice leader in Toronto.
Here are 11 tips from Duschek and Ferlatte on how people can protect themselves from identity theft.
- Don’t disclose personal information – “You shouldn’t disclose any personal information, especially if you didn’t initiate the contact,” says Ferlatte. “That includes your SIN, credit card or bank account numbers, passwords, employer, home address, birth date and e-mail address.” The same goes for social media sites, such as Facebook. “I had a client whose identity was stolen and used to steal securities from their financial institution,” says Duschek. “It turned out that the person’s social media pages were filled with names, birthdays and travel itineraries that anyone could access.”
- Don’t carry important documents with you – “Don’t carry your passport unless you are travelling,” advises Duschek. “Never carry your SIN card, birth certificate or more than two credit cards. I see people walking around with a wallet full of cards and it is identity theft waiting to happen.” Be sure to keep the cards you don’t carry with you in a safe place.
- Protect your credit and debit cards – “When you are using your credit card, try to make sure it doesn’t leave your sight,” suggests Ferlatte. “When you are in a store, look at how protected the debit card terminal is – you may want to use cash instead.” When you are entering your Personal Identification Number (PIN), cover the pad with your other hand. “Don’t ever loan your Automated Teller Machine (ATM) card or credit card to anyone,” says Duschek. “If you do, and if you give them your password, you may negate any protection your financial institution gives you from liability for the consequences of identity theft,” he says.
- Keep track of your bills – “If your bills aren’t arriving on time, it may mean that someone is stealing them or copying them to get information such as your account numbers and financial holdings,” says Ferlatte. “If you bank online, you may want to opt to receive your bills through a secure online billing feature offered by your financial institution.” Read the rest of this entry »
posted in Business News, National News By: Tami |
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