Identity theft and credit are more closely related than you might think.
“Credit, identity and reputation monitoring and management is no longer an option but rather a requirement if you want to protect your identity, reputation and financial assets,” said TNTMAX President Frederic Farcy.
WHAT IS IDENTITY THEFT?
Identity theft is the crime of obtaining the personal or financial information of another person to use their identity to commit fraud, such as making unauthorized transactions or purchases.
There were 1.4 million cases of identity theft reported in 2021. However, it can often go unreported.
Identity theft can cause victims more than 72 hours of time and hundreds of dollars to repair the damage. In fact, the economic impact on the U.S. is hundreds of billions of dollars every year.
WHAT IS REPUTATION MANAGEMENT?
Reputation management is a professional service focused on influencing and improving the public perception of an individual or brand.
It involves monitoring any conversations about the brand or person, responding to questions or comments, and addressing any negative feedback.
WHY IS IT IMPORTANT TO MONITOR YOUR CREDIT SCORE?
Along with a social security number, the average person has a multiple credit cards, a Venmo account, bank account, savings account, 401K, and more. These accounts are all at risk of falling victim to cyber crimes.
Statistics show that the victims that suffer the most financial impact are those where the theft went undetected longer than 6 months. This is why it is important to monitor your credit score on a regular basis.
In 2021, there was over $35 billion reported in fraudulent transactions – and the number is rapidly growing.
Here is a list of TNTMAX approved services for protecting yourself from identity theft and checking your credit score and finding out how to correct any errors:
For more information, or any other cybersecurity questions, call us at 201-891-8686 or email [email protected].