Identity theft feels like something that happens on the latest NCIS episode or the late-night news. It isn’t something that we want to think could happen to us. DATAVERSITY brought this important topic to our attention in their article, “Who is Using Your Identity? Data Theft and Data Security are Legitimate Concerns.”

Unfortunately, it can. Identity theft is a two-step process. First, someone steals your personal information or corporate data, which is bad enough, but then the thief uses that information to impersonate you and commit fraud. By stealing your identity, they can create substantial financial risk to you personally. Beyond the frustration of changing passwords, creating new accounts, ordering new documents, and notifying contacts about the loss – there is a real risk of financial destruction: credit card fraud, empty bank accounts, obtaining IRS refunds, medical and insurance fraud, mortgage and utilities scams, etc.

It is important to take steps to prevent this from happening to you personally or to your business. Hackers are a serious threat, whether they are working as part of a criminal syndicate or all alone.

Melody K. Smith

Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.