7th Day: It’s a Wonderful Life—Let’s Keep it That Way

Holiday Security Tips: On the seventh day of Christmas, the experts gave to me, 7 fraud alerts

George Bailey had his identity taken away to learn a valuable lesson. His guardian angel was able to reinstate it at the end of the movie, but if your identity is stolen, you may not be so lucky. Sometimes there is no possible way to prevent identity theft. The reality of living in the information economy is that your identity will occasionally be compromised. But don’t worry – if you catch fraud quickly, you won’t lose much.

Solution: Use Automated Account Alerts to Catch Fraud Quickly

Catch holiday identity theft quickly by actively monitoring your checking, debit and credit card accounts.

The key is to catch and resolve fraud within 30 days, before it becomes a headache.

By monitoring your financial statements, you will catch credit card and check theft immediately. To monitor accounts quickly and conveniently, sign up for automatic account alerts when any transaction occurs on your account. If you spend $1 at a store, you receive an email or text notifying you of the purchase. If you receive an email for an amount you didn’t spend – bingo – you’re probably a victim of fraud. Visit your bank and credit card providers online to set up account alerts.

If your guardian angel is in no hurry to win his wings, you may have to rely on yourself for a while. On the eighth day of Christmas…

To review our tips from previous days, click here.

John Sileo is an an award-winning author and keynote speaker on identity theft, internet privacy, fraud training & technology defense. John specializes in making security entertaining, so that it works. John is CEO of The Sileo Group, whose clients include the Pentagon, Visa, Homeland Security & Pfizer. John’s body of work includes appearances on 60 Minutes, Rachael Ray, Anderson Cooper & Fox Business. Contact him directly on 800.258.8076.

Posted by Identity Theft Speaker John Sileo in Fraud Detection & Prevention and tagged "automatic account alerts", “Holiday ID Theft”, “Online scams”, “Prevent Identity Theft”, “Preventing Identity Theft”, holiday, Holiday Identity Theft, Holiday Scams, holiday security tips, Holiday Shopping, John Sileo, Sileo.