Flashcard on Scams and Identity Theft

Front

What is a scam?

Back

An attempt to trick someone to steal money or private information.

Front

What does new account fraud involve?

Back

Using someone else's SS Number to open new accounts

Front

What is a key characteristic of existing account fraud?

Back

Using existing accounts for unauthorized purchases

Front

What happens to your credit score if you are a victim of identity theft?

Back

It will be damaged until resolution.

Front

What is a key step in identifying ID theft early?

Back

Regularly checking credit card alerts

Front

When is it safe to give out your social security number?

Back

When you have a trusted business relationship and initiated the call

Front

What method involves using devices to capture card information?

Back

Skimming devices

Front

What is a common method used by thieves to obtain information from unsecured internet sites?

Back

Finding personal information on unsecure internet sites

Front

How do phishing scams often make their messages appear?

Back

Urgent and important

Front

All of the following are good ways to protect your identity EXCEPT:
- Having your social security card in your wallet
- Changing passwords regularly
- Monitoring your bank account for fraud
- Monitoring your credit report for unknown activity

Back

Having your social security card in your wallet