ID theft occurs when personal information is used without authorization to commit fraud, affecting over 10 million people annually in the US. Personal information can be obtained through phishing scams, lost or stolen wallets, mail theft, or hacking of online transactions. To prevent ID theft, one should shred mail, update contact information, avoid sharing personal details, and monitor credit reports. If a victim, one should file a police report, place fraud alerts on credit files, and keep records of recovery efforts. Phishing involves deceiving people into sharing private credentials through electronic messages, and has evolved from early financial scams to targeting social networks and specific individuals.

1. Id Theft & PhishingBy: Audie, Fae, Jeff, and Julia

2. ID TheftOccurs when an unauthorized party uses your personal information to commit fraud.

3. Id Theft10 million cases1 in 20 adultsFastest Growing CrimeVictims are often Arrested

4. Id Theft (How it Occurs)PhishingOld MailDumpster DivingHackingOnline TransactionsLost/Stolen Purse/Wallet

7. PreventativesCredit Protection ServiceRun Credit Annually (all 3 agencies)Shred Old MailKeep Mailing Address Up-to-DateNever Carry Social Security CardNever Give out Personal InformationDon’t Carry What You Don’t Need

8. If You Become AVictim175 hours, $800Police ReportObtain Credit ReportsFTC ReportGet Credit Protection ServiceKeep Detailed Notes of ConversationsMake a list of Names and NumbersCopies of Everything

9. Phishingattempting to acquire sensitive information such as usernames, passwords and credit card information through an electronic communication.

10. PhishingAOHell (1996)Transition to Financial Institutions (2001)Social Networking Sites (2006)Further Development (Present)

11. Spear PhishingTargeted versions of phishingPhishers are able to determine which banks potential victims use, and target bogus e-mails accordingly.

12. WhalingSpear Phishing high profile targetsPhishing directed specifically at senior level executives, wealthy individuals

17. More ResourcesID Theft http://www.ftc.govPhishing http://www.antiphishing.org/http://www.onguardonline.gov/topics/phishing.aspx