I bet you know someone that has been the victim of identity theft – perhaps a friend or even a relative. They were probably the victim of credit card fraud, internet fraud or mail theft. This probably proliferated into all sorts of complications in their life including compromised credit. Identity theft is our country’s fastest growing crime. The FTC reported that last year, more than 9.9 million Americans were victims of this crime costing nearly $5 billion.
There are some simple things you can do to protect yourself against fraud. The U.S. Postal Inspector, who is a leader in fighting against identity theft, suggests that you:
- Review your consumer credit reports annually
- Shred and destroy unwanted documents that contain personal information
- Deposit mail in U.S. Postal Service collection boxes
- Don’t leave mail in your mailbox overnight or on weekends
We know that unsecured, curbside mailboxes are prime targets for identity theft. Here at Standard Bank, we encourage our customers to sign up for e-Statements if they haven’t already. Paper statements can be lost, misplaced or fall into the wrong hands. E-Statements are:
- Secure – your statements won’t get lost or stolen in the mail. Your information is protected with the latest security features and requires an Access ID and Password that only you know. Standard Bank’s e-Statement program uses 128-bit encryption security
- Fast & Easy – you get e-mail notification when your e-Statement is ready to view online
- Convenient – view your statements anytime you choose
- Eco friendly – reduces paper waste
It’s easy to turn off your paper statements – Click the following link: Enroll in Online Banking. Once enrolled in Online Banking, click here to sign up for e-Statements. Mail fraud is very difficult to detect. Just by taking some precautionary measures such as reducing the paper that goes in your mailbox, you can significantly reduce your chances of becoming a victim.