There are complete industries built around collecting, massaging and selling your data – your name, phone number, address, spending patterns, surfing habits, net worth, the age of your children, the magazines you buy, etc. Companies buy bits of your privacy so that they can knowledgeably market products to you that you are likely to purchase. The problem is, that data, once collected, is often breached by hackers who want to know more about you.
To minimize the amount of your personal information bought and sold on the data market, begin “opting out”. Opting out is the process of notifying organizations that collect your personal information to stop sharing it with other organizations. “Pre-approved” credit card offers (i.e., financial junk mail) are a major source of identity theft. Those mailers give thieves an easy way to set up credit card accounts in your name without your consent. They spend money on the card and default on the balance, leaving you with the mess of proving that you didn’t make the purchases. The solution is to opt out of receiving pre-approved credit, home loan and insurance offers as well as mass marketing databases.
Posted in Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, Credit Bureaus, Credit Card, Credit Report, Credit Reporting, Direct Marketing Association, Financial, How to Opt Out, Identity Theft Speaker, junk mail, opt out, Opting Out, Pre Aprroved, Stop, Stop Junk Mail
Whether you like it or not, your information is available publicly to everyone through online directories. Businesses and advertisers have the ability to easily find this information and then market their products to you. This means that you have never actually “opted-in” to receive these ads. Fortunately, there are ways for you to “opt-out” of widespread information sharing (see the list of more than 120 ways below).
The Top 4 Opt-Out Opportunities:
- www.OptOutPreScreen.com. Remove yourself from the marketing lists sold by the three major credit reporting bureaus, Equifax, Experian and TransUnion. There is not cost for this list.
- www.DMAchoice.org. This puts you on a Do Not Mail list for the Direct Marketing Association. The cost is $1, but it is well worth the instant trip down in your mail.
Posted in Cyber Data Security, Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: Data Mining, Directories, Identity Theft Prevention, Identity Theft Protection, Identity Theft Research, John Sileo, Online Directories, Online Theft, opt out, Opting Out, Removing Name, Spokeo
