If you’re a victim of online fraud or identity theft, acting quickly is crucial to minimize damage and protect your financial security. Here’s a step-by-step guide:
Immediate Action
1. Call 911 or file a police report.
2. Pull a free credit report and review inquiries.
3. Report compromised credit cards to the issuer.
Securing Your Finances
1. Print 90 days of bank statements and review for unusual activity.
2. Request a new debit card and account number.
3. Update card details online with merchants.
4. Freeze your credit with TransUnion, Equifax, and Experian.
Protecting Your Devices
1. Take your computer to a professional for cleaning and virus removal.
2. Install antivirus software on your phone and PC.
3. Change regular email passwords.
Preventing Future Incidents
1. Use contactless debit cards and tap-and-pay.
2. Be cautious with online transactions and avoid using debit cards for online purchases.
3. Use a shredder for personal documents.
4. Avoid clicking on suspicious links.
5. Use a separate online account for shopping.
6. Never reveal your PIN or text verification code.
7. Use disposable debit cards for travel or street vendors.
Remember, protecting your financial security is an ongoing process. Stay vigilant and take proactive steps to prevent online fraud and identity theft.
Source: Nairametrics
