Understanding Identity Theft and Scams

Front

What is "dumpster diving" in the context of identity theft?

Back

Searching through trash to find personal information.

Front

Which of the following is a common method used by identity thieves to capture credit card information? Phishing, Skimming, Dumpster diving, Data breach

Back

Skimming

Front

What is a key strategy to protect yourself from identity theft when dealing with emails?

Back

Avoid opening attachments from unknown emails.

Front

Which of the following actions can help protect your credit information?
- Ignoring your credit report.
- Regularly monitoring your credit report.
- Using unsecured public Wi-Fi for banking.
- Sharing your credit card details over the phone.

Back

Regularly monitoring your credit report.

Front

If you become a victim of identity theft, what is one of the first steps you should take?

Back

Get replacement credit cards.

Front

What is a Ponzi scheme?

Back

An investment scam that pays returns to earlier investors using the capital from newer investors.

Front

How can you avoid falling victim to a "pump and dump" scam?

Back

Research and verify the legitimacy of investment opportunities.

Front

What is an "advance fee" scam?

Back

A scam where you are asked to pay a fee upfront for a promised large sum of money.

Front

Which of the following is a recommended practice for managing social media to protect against identity theft?
- Sharing your full address and phone number publicly.
- Using the same password for all social media accounts.
- Carefully managing privacy settings and sharing limited personal information.
- Accepting friend requests from unknown individuals.

Back

Carefully managing privacy settings and sharing limited personal information.

Front

What should you do if your credit history is compromised due to identity theft?

Back

Freeze your credit histories to prevent further damage.