What You Need to Know About Identity Theft

Identity Theft is the fastest growing crime in America and impacts all Americans. It is estimated that one out of every two Americans will be the victim of ID Theft. It seems like every day we hear of another data breach that compromised thousands to millions of identities. Yet many people don’t know how identity thieves obtain information, what they do with the information and if there is anything that can be done to protect themselves from the crime. This webinar will define ID Theft and explore three specific types of identity theft: Business ID Theft, Tax-Related ID Theft and Financial ID Theft. We will explain how these crimes transpire, steps to take to reduce the risk of being a victim, and first steps if victimization does occur. In today’s world, it is critical for Daily Money Managers, Financial Planners, Attorneys, Senior Advisors and others who serve clients to have knowledge about Identity Theft and the resources available to help their clients prevent and recover from this pervasive crime. This webinar will cover:

• Definitions of Identity Theft, Fraud and Identity Fraud
• Why criminals perpetrate these crimes and how their actions are connected to organized crime, human trafficking and even terrorist organizations
• How personal identifying information is obtained
• What is Business ID Theft
• What is Tax Related ID Theft
• What is Financial ID Theft
• Steps to reduce risk of victimization (prevention)
• First Steps for victims
• How to help your clients create a plan to respond to ID Theft (prevent, recognize and respond)
• Paid Services (what do services like credit monitoring, ID Theft insurance and monthly credit scores really do, and are they worth the money)
• Locate resources and understand the laws in your state