One of the main parts of an effective identity theft protection system is to simply be aware of what information you are giving out and to whom you are giving it. This may seem obvious, but todays technology makes it a little more difficult, especially as more and more consumers move to the internet to pay bills, apply for loans, manage accounts, etc.
Identity theft thieves have taken the internet by storm. One of their favorite identity theft tactics is phishing. Phishers lurk the dark hallways of the internet trying to acquire your most sensitive information — usernames, passwords, credit card numbers by sending you emails posed as your friendly neighborhood financial institution.
A Very Brief History of Phishing
It has been said that phishing got its start on shocking! AOL. A phisher would comprise an elaborate email appearing to come from AOL itself and request that the recipient verify their password and/or billing information because something was supposedly wrong with their account. Once the phisher had the information, they would access the account and use it for nefarious purposes, typically to spam even more people with additional...