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Effective Strategies for Minimizing Your Credit Fraud Risk

By Edited Dec 25, 2013 0 0

If you are looking for effective techniques that can help reduce your risk of being ensnared by fraudsters, then we suggest that you pay close attention to the remainder of this piece. Below, we have listed down and discussed several strategies that you can employ to safeguard yourself from credit fraud.

Six Helpful Techniques

  • See to it that your computer firewall is always turned on, especially if you regularly transact business through the internet. Aside from this, make sure that your operating system, applications, antivirus and anti-malware software, are updated regularly. After all, this will serve as your first-line of defense against the machinations and spying tools employed by fraudsters. 
  • Do not be quick to trust information that you have stumbled upon online. After all, not all the sites in the domain of the World Wide Web are being managed by reputable individuals and organizations. So before you access a website or follow instructions specified in a web page, like clicking on a link, it is important to consider first the credibility of the site. Run a thorough background check to discover whether the site upholds the privacy and security of online users. And pay close attention to the comments and reactions of fellow internet users as these can help you determine whether or not it is safe to visit, navigate around and post information in a web page.
  • Beware of free and suspiciously good offers that you will find online. Keep in mind that most of these online promotional gimmicks are often associated with phishing baits used by scam artists who lurk in shopping websites. And if you won’t be careful, you can compromise not only your identity but even your credit and financial information.
  • Do not open unsolicited e-mails and private messages, especially those that contain links and ask for personal details, like log-in accounts and passwords. A good rule of thumb is to immediately delete these items to prevent the spread of malicious software that can be used to spy on your online activities.
  • Use strong passwords. Choose a password or code that will be very difficult for other people to guess. Use a combination of digits and letters in both upper and lower cases. And make sure that your password is not relevant to your personal details like your phone number, birthdate, age, social security number, bank information, as well as to the personal or contact details of your immediate family members. This way, it will be a challenge even for highly-advanced software to crack your password or special code.

We also discourage you from using the same passwords and codes to your electronic mail or social networking site accounts. After all, most social networking sites these days are easily infiltrated by hackers who can get not only your log-in credentials but also your confidential information and use them for their personal gain.

  • See to it that you type Web addresses accurately, especially if you wish to access the sites of financial organizations and shopping sites. After all, committing just a single mistake can cause you to be redirected to a fraudulent site where your privacy and security can get compromised.

 

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