The Dangers of Online Identity Theft

Online identity theft is becoming a problem among banking and other financial institutions, college students, and other vulnerable groups. Despite the numerous cases posted on social media or broadcasted in the news, people seem powerless against this kind of threat. Identity thieves are now perpetrating their fraudulent schemes online without hesitation.


People should learn more about cybersecurity and the importance of managed service providers such as BetterWorld Technology.


What Is Online Identity Theft?

Essentially, identity theft is the illegal acquisition of someone else’s personal information, such as their social security number, date of birth, and maiden name. Fraudsters do this to steal data, money, or credit through this kind of information.


Online identity theft is the same, but the schemes are done online, where other people remain vulnerable, especially those who are not too tech-savvy. This is why businesses should stay vigilant in giving their information to anyone.


Identity theft works in several ways, some of which are as follows:


Malicious Software

Identity thieves may entice you with an offer and urge you to click something to receive your prize. This malware will attack your computer and steal important information.


Phishing

Phishing is another trickery wherein fraudsters will send seemingly legit emails to trick you into clicking certain links or opening attachments. Some will even request valuable information upfront.


Weak Passwords

Passwords are now easier to crack with certain tools. Most hackers steal social media passwords and try to use them for the banking and financial websites of the owner.


How To Protect Yourself From Online Identity Theft

The best way to prevent online identity theft is to contact a reliable managed services provider such as BetterWorld Technology. We can take care of your business’s cybersecurity and update you with the best practices for your business in Reston, VA, or wherever else you’re based. Online safety is paramount to the success of a business.

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