A major hack aimed at the widely used file-transfer programme known as MOVEit is putting the personal information of millions of Americans at serious risk. The impact has been significant thus far, even compromising Louisiana and Oregon residents who have driver’s licences or state identification cards, and officials are worried that the number of people affected may rise significantly.
Furthermore, the effects of this breach are extensive, affecting a wide range of businesses and institutions, including colleges, federal and state agencies, and global corporations.
Actions to do to safeguard yourself from identity fraud
Keep an eye on your accounts.
Check your credit card statements, bank statements, and other financial accounts frequently for any indication of unauthorised activity. Report any suspicious transactions right once to your bank or credit card provider if you come across any.
Post a scam warning
Ask for a fraud alert to be added to your credit file by getting in touch with one of the three main credit reporting agencies (Equifax, Experian, or TransUnion). Identity thieves will find it more challenging to register new accounts in your name without verification as a result of this.
Examine your credit reports
Get a free copy of your credit report from each of the three previously listed credit reporting companies. Examine the reports thoroughly for any unauthorised or shady activities. Report any errors or indications of fraud to the credit reporting agency right away.
Put your credit on hold
Take into account freezing your credit records. Your credit file will be more difficult to access as a result, making it more challenging for someone to open new accounts using your information. Consider the advantages and disadvantages of a credit freeze before deciding whether to take action because it can also impair your ability to qualify for new credit.
Watch out for phishing scams.
Watch out for emails, calls, or messages from someone you don’t know requesting you for personal information. Save your critical information and don’t click on strange URLs until you can confirm the request’s veracity.
Turn on two-factor authentication.
When possible, enable two-factor authentication. By requiring a second form of verification in addition to your password, such as a code delivered to your phone, this offers an additional layer of protection.
Verify your Social Security benefits
In order to protect your financial security and stop any fraud, it is critical to regularly check your Social Security benefits to make sure they have not been tampered with or altered in any way.
Ask the IRS for a “Identity Protection Pin”
Individuals can successfully thwart any attempts by the Internal Revenue Service to file an unauthorised tax return using their personal information by seeking a “Identity Protection Pin” from them.
Make your passwords stronger
Make sure your internet accounts have solid, one-of-a-kind passwords. To create and securely store complicated passwords, think about utilising a password manager.
Spend money on identity theft insurance.
Companies that offer identity theft protection can keep track of personal information like your Social Security number, phone number, and email address and notify you if it is being used to open accounts or sold on the dark web.They can also help you freeze your bank and credit card accounts to stop crooks from using them improperly in the future.
One of the best things about using such services is that they could come with white glove fraud resolution teams that assist you recover any losses and identity theft insurance of up to $1 million to cover damages and legal costs.
Maintain software updates
To guarantee you have the most recent security updates and protections, regularly update your operating system, antivirus programme, web browsers, and other apps.