In today’s digital world, seniors are increasingly targeted by identity thieves. Protecting your personal information doesn’t have to be complicated. With some straightforward precautions, you can significantly reduce your risk.
Guard Your Documents
Keep your Social Security card, Medicare card, and financial statements in a secure location at home—not in your wallet or purse. When disposing of documents containing personal information, shred them thoroughly. Consider using a cross-cut shredder for maximum security.
Be Smart About Communications
Screen your calls and let unknown numbers go to voicemail. Never provide personal or financial information to someone who calls you unexpectedly, even if they claim to represent a familiar organization. Register your phone number on the National Do Not Call Registry to reduce telemarketing calls.
Watch Your Accounts
Review bank and credit card statements monthly for unauthorized transactions. Order your free credit reports annually from the three major credit bureaus (Equifax, Experian, and TransUnion). Consider placing a credit freeze to prevent new accounts from being opened in your name. Credit freezes are free to place and to lift.
Use Strong, Unique Passwords
Create different passwords for each account and avoid using obvious information like birthdays or names. A password manager can help you keep track of complex passwords without writing them down.
Be Wary of Payment Requests
Legitimate agencies never demand immediate payment via gift cards, wire transfers, or cryptocurrency. If someone pressures you to pay immediately using these methods, it’s a scam.
Establish Trusted Contacts
Set up trusted contacts for your financial accounts who can help monitor for suspicious activity. Using direct deposit for benefits like Social Security and pensions reduces the risk of mail theft of checks.
Stay Informed
Have conversations with family members about new scams. Knowledge is your best defense against identity theft—when you know what to look for, you’re much less likely to become a victim.
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