Young people may have an upper hand when it comes to learning about the latest high-tech gadgets, but they are oftentimes more vulnerable than other groups to identity theft than their older, less technologically savvy counterparts.
Poll results released by PEMCO Insurance this week found that those ages 35 and younger are generally less likely to take the steps necessary to protect their personal information. Such actions include signing up for the “do not call” registry, using a shredder to dispose of sensitive financial documents, retaining important financial records or installing security software on their computers.
In comparison, those aged 55 and older proved significantly better adept at protecting their online security, according to PEMCO’s poll. Here’s how some of those numbers broke down:
|Security Measure||Ages 35 and Younger||Ages 55 and older|
|Registered with "Do not call"||55||84|
|Install firewall or spyware on computer||78||88|
|Use a shredder||74||86|
PEMCO’s poll also revealed that women earning high incomes were more likely than other to take the necessary precautions to protect their personal information, while high-income households in general were more likely than others to take such measures.
According to the Federal Trade Commission, identity theft topped the list of consumer complaints the agency received in 2010. This is all despite the fact that the number of consumer complaints received by the organization dropped by 20% between 2008 and 2010, according to the organization.
Identity theft by way of government documents and benefits fraud was the most common form of identity theft tracked by the FTC (19%), followed by credit card fraud (15%), phone or utilities fraud (14%), and employment fraud (11%). Meanwhile, the states that filed the most complaints related to identity theft (in order) were Florida, Arizona and California.
Don’t become a victim of identity theft. Make sure to take the necessary precautions to protect your personal information from would-be criminals. If you do find yourself the victim of identity theft then follow MyBankTracker.com’s tips in order to control the damage.