If you are a victim of Identity Theft contact your financial institution immediately and alert it to the situation. If you have disclosed sensitive information in a phishing attack or believe that any of your confidential financial information has been obtained or stolen, you should also contact the authorities and the three major credit bureaus and discuss whether you need to place a fraud alert on you credit file, which will help prevent thieves from opening a new account in your name. The Brochure titled FDIC: You Can Fight Identity Theft will help.
Your individual credit report is one of the most important gauges of your financial health. It is a summary of your financial reliability, telling lenders about your history of paying bills and is used by them to decide whether to loan you money and how much to loan.
A new law makes it easier than ever to access your credit report and to change any errors it might contain, a major step toward establishing and maintaining your good credit and preventing identity theft. The Fair and Accurate Credit Transactions Act (FACT Act) assures you free access to your credit report annually from each of the three credit reporting agencies: Equifax, Experian, and TransUnion.
To obtain your free credit reports contact:
Annual Credit Report Request Service
P.O. Box 105281
Atlanta, GA 30348-5281
Phone – 877.322.8228
What is Phishing?
There's a new type of Internet piracy called "phishing." It's pronounced "fishing," and that's exactly what these thieves are doing: "fishing" for your personal financial information. What they want are account numbers, passwords, Social Security numbers, and other confidential information that they can use to loot your checking account or run up bills on your credit cards.
In the worst case, you could find yourself a victim of identity theft. With the sensitive information obtained from a successful phishing scam, these thieves can take out loans or obtain credit cards and even driver's licenses in your name. They can do damage to your financial history and personal reputation that can take years to unravel. But if you understand how phishing works and how to protect yourself, you can help stop this crime.
How Does Phishing Work?
How to Protect Yourself