Archive for October, 2007

Nasties of the Net

Tuesday, October 16th, 2007

Spyware, adware, trojans, keyloggers, dialers…the list goes on and on. There are so many threats to your identity online that it is hard to keep up with what threats are out there and how they can put you at risk for identity theft.

While you want to remove all offending and malicious programs on your computer system, some spyware programs put your identity at risk more than others. It is critical that you understand the difference and are able to recognize which spyware software is more likely to leave your identity vulnerable to theft.

All spyware should be removed from your PC but it is imperative that you take steps to immediately remove the most dangerous threats to your identity, especially since you can have these programs installed and be completely unaware that they are running on your system silently collecting all your personal information.

We have recently written an article that explains in detail the threats you are most likely to encounter while surfing the net and which ones target you for identity theft. You can view this article on our web site in our article directory

Identity Theft Protection from Spyware, Adware, Keyloggers and other Nasties of the Net

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Identity Theft Insurance Comparison

Friday, October 12th, 2007

Even with the new credit freeze options offered by Transunion, Equifax and Experian, many people are still on the lookout for identity theft insurance. While we feel the new credit free option, couple with the advice offered in our Free Identity Theft Ebook, should be sufficient for most people, many people still want that additional security.

We have decided to do an identity theft insurance comparison of some of the more popular id theft insurance programs on the market today. We want to give you as much information as possible to help you choose the right identity theft insurance program for you and your family.

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Identity Theft Statistics

Tuesday, October 9th, 2007

We have updated our Identity Theft Statistics page to include state by state comparisons for 2005 and 2006. Shown below are the Identity Theft Statistics for 2006. You can find statistics and increases for 2003-2005 on our statistics page.

Identity Theft Insurance Comparison

 

Life Lock

myFICO

TrustedID

EQUIFAX

Amount of Coverage $1 Million Guarantee $25,000 $1 Million Guarantee $20,000
Adults - Monthly/Yearly Cost $10/month or $110/year $4.95/month or $49.95/year $12.95/month $12.95/month
Children - Monthly/Yearly Cost $25/year with adult enrollment N/A N/A $159/year for adult + 1 family member
Places Credit Freeze Yes N/A Yes N/A
Credit Report Provided? Yes
(all 3 credit bureaus every 12 months)
Yes
(TransUnion)
Yes
(all 3 credit bureaus initially)
Yes
(unlimited Equifax reports)
Provides Credit Monitoring? Yes Yes Yes Yes
Identity Theft Support Yes
(24 hours a day, 7 days a week)
Yes
(9-hour, 5-day-a-week, toll-free helpline)
Yes
(anytime by phone or email)
Yes
(24 hours a day, 7 days a week)
Learn More… Learn more about… Life Lock
Learn more about… myFICO
Learn more about… TrustedID
Learn more about… EQUIFAX
Identity Theft State Statistics for 2006
Rank
State
Victims
Per 100,000
Population
Number of
Total Vicitms
1 Arizona 1427.8 9,113
2 Nevada 120.0 2,994
3 California 113.5 41,396
4 Texas 110.6 26,006
5 Florida 98.3 17,780
6 Colorado 92.5 4,395
7 Georgia 86.3 8,084
8 New York 85.2 16,452
9 Washington 83.4 5,336
10 New Mexico 82.9 1,621
11 Maryland 82.9 4,656
12 Illinois 78.6 10,080
13 Orgeon 76.1 2,815
14 New Jersey 73.3 6,394
15 Virginia 67.2 5,137
16 Michigan 67.2 6,784
17 Delaware 66.7 569
18 Connecticut 65.8 2,305
19 Pennsylvania 64.9 8,080
20 North Carolina 64.9 5,748
21 Missouri 64.2 3,753
22 Massachusetts 63.7 4,102
23 Oklahoma 63.0 2,254
24 Indiana 62.2 3,982
25 Utah 61.8 1,577
26 Tennessee 61.3 3,700
27 Alabama 60.3 2,774
28 Ohio 59.9 6,878
29 Kansas 58.8 1,626
30 Rhode Island 57.6 615
31 Alaska 57.3 384
32 South Carolina 55.7 2,408
33 Minnesota 55.6 2,872
34 Arkansas 54.7 1,537
35 Louisiana 52.6 2,256
36 Mississippi 51.3 1,494
37 Nebraska 49.1 868
38 Idaho 49.0 718
39 Hawaii 47.8 615
40 New Hampshire 46.1 606
41 Montana 45.9 434
42 Wisconsin 45.6 2,536
43 Wyoming 42.3 218
44 Kentucky 42.0 1,766
45 Maine 39.7 525
46 West Virginia 30.3 715
47 Iowa 34.9 1,041
48 South Dakota 30.2 236
49 North Dakota 29.7 189
50 Vermont 28.5 178

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Credit Freeze Update

Friday, October 5th, 2007

Looks like all the credit bureaus are finally jumping on the bandwagon and committing to a time-frame to start offering credit freeze services

  • Experian’s credit freeze service is reported to go into effect on November 1st.
  • Equifax is said to start offering services in early November.
  • TransUnion’s credit freeze service went into effect on October 15th.

TranUnions fees are $10 to start the credit freeze and another $10 to remove the credit freeze. Experian and Equifax haven’t listed pricing yet but it is assumed their prices will be comparable with TransUnion’s fees. We will keep you updated when pricing information is released.

If you haven’t already received your Free Identity Theft Ebook, then now is the best time to grab it to find out how to use the new credit freeze services to your best advantage.

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