Your Smartphone Or Your Life!

For many today, your smartphone is your life!

Not too long ago, you might have heard a line like this in a movie:  “Your wallet or your life!”.  How long until we hear lines like:  “Your phone or your life!”?

 

walletWHAT IS IN YOUR WALLET?

  • Spare keys for house and/or car.
  • Social Insurance card (Social Security for my American cousins!).
  • Driver’s License.
  • Health Card.
  • Credit Cards.
  • Bank Cards.
  • Maybe even a birth certificate.

 

 

 

For most of us, losing our wallet can be devastating because it holds the keys to our life!  NEVER keep your Driver’s License, Social Insurance Card and birth certificate together in your wallet.  That’s enough to compromise your identity.

 

Google WalletWHAT IS IN YOUR SMARTPHONE?

Smartphones today can:

 

 

 

 

 

Your phone has become far more valuable than your wallet.  Both likely contain enough information for someone to steal your identity.  What’s worse is that your smartphone may contain enough to steal the identities of your friends and family!

That’s the most valuable asset on the black market today.  Identity theft is no longer if, but when.  Have a plan when it happens and make sure you keep your smartphone secure!

 

BE CAREFUL OUT THERE!

Whether your wallet or your smartphone, be careful what you keep in them.  Be considerate of family and friends when storing their personal data and know where your wallet and smartphone are at all times.  Most of us worry about the wallet but I believe our smartphones put us at greater risk.

Identity Theft.  It’s not if, but when.  Are you prepared?

 

Make it a great day,

Barry

P.S.  What am I thankful for today?  I’m thankful for a full stomach.  I’m thankful for a roof over my head.  I’m thankful for the opportunity brought by each new day.

What are you thankful for today?

Identity Theft, You Don’t Think It Can Happen To You?

Identity theft can, and likely will, happen to you.  Just ask Brian Perrault of Toronto, Ontario, Canada (Click here to learn more)!

 

Bag of moneyMy Bank Will Cover Me!

When it comes to someone hacking into your account or fraudulently using your credit card, that would likely be true.  As far as the financial cost goes.  Someone managed to get into my PayPal account via email hacking.  They then took over $700 from my chequing account.  I went to the bank, spent about an hour changing the account number and they put the money back into my account.  But, that’s all they did.  There was no action on their part to see if it had gone past just my money.

The banks and credit card companies won’t fix the tax implications if someone uses my Social Insurance Number (S.I.N.) or, in the US, Social Security Number.  Imagine getting an income tax bill for thousands of dollars of unpaid taxes and, you know what “the Taxman” is like, he’ll get his pound of flesh first and then it’s up to you to prove it wasn’t you.  Good luck with that!

 

Identity Theft can happen to you

Brian Perrault lost his job and the ability to provide for his daughter young daughter because someone had assumed his identity.  Traffic violations and warrants for criminal activities.  He missed his grandmother’s funeral because he was pulled over because there were warrants for his arrest in two provinces in Canada.  I can only guess that he didn’t believe identity theft could happen to him.

Brian’s identity had been compromised by a man who lived just over an hour away.  It took 20 months after Brian Perrault’s arrest before they figured out that a man from Midland had compromised Brian’s identity.  Imagine the stress level he must have gone through and likely still does today. Continue reading

Identity Theft. No longer if, but when!

Identity theft is quickly becoming the most common crime these days.  With the advances in technology today, the risk is increasing exponentially.

Identity theft is the fastest growing crime.

You hear about Identity Theft incidents virtually every day.  Just go to Google News and key in Identity Theft.  I had 43,300 results!  One of the articles indicates the likelihood of thousands of potential victims.  I highly recommend reading “The Canadian Guide to Protecting Yourself from Identity Theft and Other Fraud” by Graham McWaters and Gary Ford.  In that book, they cover some of the things you can do to protect yourself.

Smart Phones and Identity Theft

Think about this.  Just recently there was an article entitled “City of London orders Renew to stop tracking citizens with it’s trash cans“.  There is technology now that allows companies to track your smart phone as it passes by.  The article indicates that the program collects the MAC address of your device which then allows them to know what time you were in a particular area.  A MAC address is unique to your device.  There is no other device in the world with the same MAC address.  Talk about opportunity for identity theft!

For people of habit, this means that someone will eventually figure out a way to tap into this and know when you aren’t home!  It’s not a stretch of the imagination to believe that someone will figure out how to use this data to get into your phone and collect more about you.  Do you have your address programmed into your phone?  How many others are at risk of identity theft because you have their name, address and phone number in your address book?

What is worth more to you?

There are apps now that you can use to find your lost smartphone or tablet.  If you have them installed on your device, you can track it and you also have the ability to lock and wipe remotely.  That’s great!  You got your phone back or at least wiped the data.  But, did you do it in time?!

By the time you noticed your device was missing, someone could have got into your phone, downloaded all the contacts and personal data and be well on their way to either selling your identity or committing God knows what kind of frauds in your name.  Yet one more victim of identity theft.

What is worth more to you?  Your device or your identity?

What can I do?

It’s no longer if, but when you will become a victim of identity theft.  You can take precautions like:

  • Never keep your key pieces of ID in one place. (Driver’s license, birth certificate, passport, and so on.  Keep them separate.
  • Change your passwords regularly.
  • Don’t use personal identifiers as passwords (birthdays etc.).

Regardless of how cautious we are, it’s likely that at some time we will become a victim of identity theft in some form or another.  Let’s just pray it’s not medical and results in death!

Do you realize it can take up to 600 hours to restore your identity to pre-theft condition?  Can you afford to take that time off work?

Identity theft affects millions of North Americans each year. LegalShield offers a high quality identity theft plan. Best of all, this plan provides Comprehensive Identity Restoration from Kroll Advisory Solutions. So in the unfortunate event something does happen to your identity, you’ll have professional help in getting your identity restored to what it was before the fraud occurred.

Identity Theft, no longer if, but when.

Make it a great day,

Barry

P.S.  What am I thankful for today?  I’m thankful for my LegalShield membership.  I’m thankful we can help so many people.  I’m thankful for Kroll!

What are you thankful for today?