How to protect yourself from identity theft

Pete Erickson, founder of Modev, shares some tips on how to protect yourself from identity theft.
Posted 8/15/2024, 8:57:55 PM Updated 8/16/2024, 12:58:06 AM

MORE COMING UP AT THE TOP OF

THE HOUR. DAN, THANK YOU, DAN.

A CLASS ACTION LAWSUIT FILED

THIS WEEK IN FLORIDA.

>> CLAIMS THAT HACKERS GAINED

ACCESS TO 2.9 BILLION RECORDS

IN APRIL SOCIAL SECURITY

NUMBERS, PHONE NUMBERS AND SO

MUCH MORE. THIS LAWSUIT ACCUSES

THE COMPANY NATIONAL PUBLIC

DATA OF FAILING TO SAFEGUARD

INFORMATION THAT IT WAS PURGING

5 ON YOUR SIDE IS HERE TO HELP

YOU FIGURE OUT IF YOUR INFO IS

IN THAT BATCH OF 2.9 BILLION

RECORDS. JOINING US NOW LIVE IS

THE FOUNDER OF MOTIVE AND A

TECHNOLOGY EXPERT. THIS IS PETE

ERICKSON. PETE, THANK YOU SO

MUCH FOR TAKING SOME TIME AND

JOINING US TO GIVE US SOME

INSIGHT TONIGHT.

FIRST OF ALL, CAN YOU GIVE ME

AN IDEA OF WHAT THESE CRIMINALS

OR WHAT ANYBODY MIGHT DO ONCE

THEY GET YOUR INFORMATION?

>> WELL, THIS IS THERE'S A

WHOLE MARKET FOR DATA AND THE

BLACK MARKET. SOME PEOPLE CALL

IT THE DARK WEB. WHATEVER YOU

WANT TO CALL IT, THE PEOPLE

WILL BUY THIS INFORMATION

BECAUSE IT GIVES THEM AN

OPPORTUNITY TO, YOU KNOW,

FRAUDULENTLY OPEN UP CREDIT

CARDS, USE THOSE CARDS AND THEN

MAKE PURCHASES. SO THERE'S A

HOLE UNDER MARKET KNOW, WHOLE

UNDERWORLD THAT, YOU KNOW, THAT

THRIVES ON DATA LIKE THIS.

>> WHAT CAN YOU DO TO PROTECT

YOURSELF? BECAUSE YOU FEEL LIKE

AT THIS POINT BETWEEN THIS DATA

BREACH AND SO MANY OTHERS THAT

WE HAVE COVERED. IT'S SAFE TO

SAY THAT ALMOST EVERYBODY HAS

SOME BIT OF YOUR IDENTITY OUT

THERE ON THE DARK WEB.

>> YEAH, DAN, YOU KNOW, WE HAVE

TO ASSUME THAT I CALL THIS THE

POST PRIVACY AIR AND WE HAVE TO

ASSUME THAT OUR DATA IS OUT

THERE RIGHT THERE. SO MANY

BREACHES AND IT REALLY IS

INCUMBENT ON ALL OF US TO

PROTECT OURSELVES SYSTEM.

REALLY EASY THINGS PEOPLE CAN

DO. ONE THING SET UP AT LEAST 2

FACTOR AUTHENTICATION. ALL THE

SERVICES THAT USE THAT MEANS

USING PASSWORD AND A TEXT

MESSAGE OR EVEN A 3RD FACTOR

AUTHENTICATION. SOME PEOPLE

CALLED MULTI FACTOR, BUT YOU

CAN ALSO FREEZE YOUR SOCIAL

SECURITY NUMBER. SO SOMEBODY

CAN'T USE IT TO TRY TO OPEN A

CREDIT CARD AND YOU CAN DO THAT

BY CALLING THE SOCIAL SECURITY

ADMINISTRATION AND TALKING TO

THEM ON THE PHONE OR YOU CAN GO

TO THE DEPARTMENT OF HOMELAND

SECURITY'S WEBSITE AND AND EVEN

REFINE YOURSELF. AND THEN YOU

HAVE THE OPTION TO TURN ON AND

OFF ACCESS TO YOUR SOCIAL

SECURITY NUMBER. THESE ARE FREE

RESOURCES AND THEY CAN GO A

LONG WAY TO HELPING US PROTECT

OURSELVES. SHE GOING YOU FREEZE

YOUR SOCIAL SECURITY NUMBER.

AND THEN IF YOU'RE LOOKING TO

BUY A VEHICLE OR OPEN A CREDIT

CARD, YOU UNFREEZE IT. IS THAT

KIND OF THE WAY IT WORKS RIGHT?

>> ALL RIGHT. THAT'S RIGHT.

IT'S A LITTLE BIT, YOU KNOW, TO

GROW AS A LITTLE BIT OF THE

ADMINISTRATION, BUT ALSO CHECK

WITH YOUR BANK, YOUR FINANCIAL

INSTITUTION, OR YOUR CREDIT

CARD. YOU KNOW, THEY'RE

MONITORING YOUR CREDIT AS WELL.

>> AND A LOT OF TIMES THEY HAVE

ALERTS THAT. THEY CAN TELL YOU,

YOU KNOW, IF YOUR CREDIT REPORT

HAS BEEN DETAINED OR IF IT'S

GONE UP OR DOWN. SO CHECK WITH

YOUR FINANCIAL INSTITUTION.

THERE ARE A LOT OF RESOURCES

OUT THERE. OF COURSE, THEY'RE

PAID RESOURCES AS WELL. BUT YOU

MAY NOT NEED TO GO THAT FAR TO

BETTER PROTECT YOURSELF.

IS THERE ANYTHING THAT YOU CAN

PERSONALLY DO OUTSIDE OF?

>> LEADING ON THESE OTHER

ORGANIZATIONS TO MAKE SURE THAT

YOU'RE THAT YOU'RE BEING

PROTECTED AS BEST YOU CAN.

>> AGAIN, I WOULD ENCOURAGE

PEOPLE TO NOT ANSWER A TEXT

MESSAGE AND EMAIL OR EVEN A

PHONE CALL. IF YOU GOT A CALL

AND 70'S ASKING YOU ABOUT YOU

KNOW, YOUR PERSONAL INFORMATION

OR THEY SAY THAT THERE'S BEEN,

YOU KNOW, A BREACH, GET A

NUMBER, CALL THEM BACK OR GO

INTO YOUR BANK. DO NOT GIVE

AWAY YOUR PRIVATE INFORMATION

EVEN IF YOU FEEL LIKE IT'S YOUR

BANK. YOU DEFINITELY WANT TO

PROTECT YOURSELF TO JUST BE

EXTRA CAUTIOUS OUT THERE.

PEOPLE TYPICALLY ARE NOT GOING

TO BE TEXAN. YOU ARE CALLING

YOUR E-MAIL AND YOU FOR ANY

KIND OF INQUIRY OR PERSONAL

INFORMATION. SO JUST BE

CAUTIOUS. THE BAD GUYS ARE OUT

THERE. AND IT'S, YOU KNOW, IT'S

REALLY UNFORTUNATE. BUT WE CAN

ALL, YOU KNOW, HELP PROTECT

OURSELVES IN THIS NEW ERA, A

DATA BREACH AND, YOU KNOW THIS,

THIS TERRIBLE SIDE OF THE