In 2020, identity fraud accounted for nearly $56 billion in losses, showing us it's more important than ever to secure our information.
In the latest for U.S. News & World Report, Managing Director of Operations Will Mendez shares insights into how this has become so prevalent.
"At the heart of identity theft is personally identifiable information such as (your) Social Security number, date of birth, birthplace etc.," Mendez shared. "Unfortunately, in today's interconnected world, its extremely hard to keep that information safe from attackers."
So what can we do about it? Preventive steps can include reviewing and refreshing passwords, taking a deeper look into your bank statements, and signing up for fraud alerts.