How to Guard Your Identity

Passport identification

As identity theft becomes more prevalent, individuals face the task of protecting their identity. Guarding your identity requires paying attention to details you may not be accustomed to watching. Some of the ways you can protect yourself from identity theft include vigilantly guarding your Social Security number and credit reports, and shredding bills and junk mail.

Things You'll Need

• Paper shredder

Instructions

1. 

   Credit cards

   Protect your Social Security number as if were a million dollars. The Reader's Digest book, "Amazing Insider Secrets," recommends only giving your Social Security number when appropriate. The authors warn that this number is the "holy grail" for identity thieves. Often when agents ask for your Social Security number, they have no right to do so. Airlines, your veterinarian and the local movie rental store do not need and should not have your Social Security number. When a company or sweepstakes asks for your SS number, provide a different form of ID, such as a driver's license or state identification number. Work and tax issues and credit checks legitimately require your Social Security number. Do not carry your Social Security card in your wallet. Keep it safe at home.

2. 

   Monthly statements

   Watch your credit reports from all three reporting agencies. According to "Amazing Insider Secrets," you never have to pay for your credit reports. Since 2005, the three credit reporting agencies legally must provide you with a free credit report. Request a credit report from one of the three every four months. The three agencies sponsor a site with access to their services. If you think you are the victim of identity theft the law allows you to receive an immediate credit report.

3. 

   Paper shredder

   Update your software. Refrain from using bootleg copies of software. Not only is "borrowing" software illegal, hackers gain easier access to your passwords and financial information. Software companies offer updates to licensed spyware and firewall software. According to "Amazing Insider Secrets," if you neglect to update licensed software, your privacy is at risk. Hackers work diligently to find ways into unprotected software.

4. Shred all documents with your name, address, and all vital information. When you throw away account statements and junk mail, you place your identity at risk. Identity thieves sift through garbage for private information. Before throwing away or recycling your papers, shred them. If you don't have access to a shredder, take the time to black out all vital information from documents and junk mail.

References

• "Amazing Insider Secrets"; Readers's Digest; 2008

Resources

• Annual Credit Report: Request your free annual credit report