Good Works Cited Essay Example

http://guides.wsj.com/personal-finance/credit/how-to-protect-yourself-from-identity-theft/
The article from Wall Street Journal talks about the frauds caused through credit cards and the loss of money as well as information due to that. Identity theft occurs when personal information from a person is collected with the intention to create fraud. Around 9 million Americans suffer from credit card frauds annually. Credit card frauds occur when information is stolen to make purchases. Sometimes credit card information is used to take loans and make payments on your behalf. This is even more dangerous because it is necessary to clear your name from such transactions.
Companies and financial institutions have stepped up to provide protection to customers from identity theft. They aim to monitor credit and reimburse any lost wages, to guard your information and money. The easier way is to protect your own information online, by managing your log in and password information. You should make sure that your account is not opened on a public network and no information should be saved. Do not provide the password or log in information to anybody. Make payments through credit cards in place of debit cards. Credit cards have more guarantee and in online payment systems as compared to a debit card. Always be alert of any pop ups which use the name of a bank and ask for information about your credit card, also be aware of any phone calls which call themselves bankers and ask for your debit card information.
Regularly monitor the bank and credit card statements so you are aware of any mismanagement of funds. Manage your credit report and ensure that sensitive information is not available to anybody except you. Ensure that the bank information and bank statements are shredded and the useful documents are kept in a safe custody by you. But incase doing all of the above is not possible for you, then you need to have an a service which is going to cost you and which will make sure your information is safe from any sort of theft.
Even though you may pick a service to spare you from identity theft, just be assured that there is nothing completely bullet proof and identity theft may occur even after you have picked and paid for a service. Initially you should decide whose services do you want, this involves comparing the costs as well as the facilities provided by them. LifeLock and TrustedID are two popular companies who provide protection against theft of information. As a part of the service, they provide fraud alerts as and when such suspicious situations arise and also provide the facility to freeze your account. Freezing of the account is highly effective as compared to the alerts.
You may take the measures yourself to avoid any theft of information. Being aware about the surroundings and your sensitive information will itself ensure that you are not a victim of the fraud. Due to online shopping, such frauds have increased but awareness and regular checking of bank statements can bring about a lot of difference. If you detect any activity, immediately notify the bank or the financial institution and ask them to freeze your account so as to protect yourself from any further damage.

Identity Theft & Credit Card Fraud – How to Protect Yourself. (n.d.). Retrieved from Wall Street Journal: http://guides.wsj.com/personal-finance/credit/how-to-protect-yourself-from-identity-theft/