Identity theft protection is a product that serves as an extra set of eyes for monitoring your personal data, accounts, and activity associated with your identity. Identity theft protection services cannot actually prevent your identity from being stolen but can do everything possible to let you know as soon as any irregular activity is detected, so you can take immediate action to stop the situation in its tracks. Additionally, identity theft protection products often offer resolution solutions so you can rest easy knowing that you have something to fall back on just in case.
How Identity Theft Protection Monitors Data
By doing regular scans across the web (including the dark web), an identity theft protection product will be able to pick up on anything unusual. If something out-of-the-ordinary occurs and your name is associated with it, you’ll be informed straight away. If it was indeed you who performed the action, you should be able to confirm that everything is okay and stop receiving alerts regarding that particular issue if you wish.
Various Monitorization Options
Every company offers a different range of monitoring options, but the most common alerts are for activity such as:
- Changes to credit scores
- Accounts opened and other high-risk transactions performed under your name
- Traces of your name or social security number in the dark web
- Criminal records associated with your name
Some also monitor social media activity and provide web safety tools such as VPNs, anti-phishing software, antivirus, and more.
The Best Possible Protection
While identity theft protection can’t actually prevent identity theft, it gives you all the necessary tools to stop these kinds of unfortunate situations before they go too far, as well as providing you with a recovery plan if you find yourself in a worst-case scenario. Nothing will ever be able to guarantee 100% security but having identity theft protection as a backup allows us to come as close to safety as possible.