what wpuld a lawyer say if my identity was stolen from large company

by Marjorie Dietrich 9 min read

What to do if your identity has been stolen?

File a claim with your identity theft insurance, if applicable. Notify companies of your stolen identity. File a report with the Federal Trade Commission. Contact your local police department.

Who is liable for identity theft and what can you do?

Story noted that liability under federal law will depend on the type of information breached. For example, under the Fair and Accurate Credit Transactions Act and the Fair Credit Reporting Act, employers may be liable if their acts or omissions lead to identity theft.

Do I need to report identity theft to the police?

For instance, if someone uses your information to commit a crime, having documentation of identity theft could make resolving the matter easier. Although the police may not be able to do anything if your identity was stolen by criminals online and overseas, your report could help them track down someone who is stealing information locally. 5.

How can businesses reduce the risk of identity theft?

As identity theft capabilities expand, realistically no business can completely eliminate the risk of data breaches that may compromise their employees' sensitive information. But undertaking reasonable measures to prevent foreseeable breaches can decrease the risk of breach, as well as the risk of liability in the event of a breach.

What can be the results if your identity is stolen?

Criminals can open new accounts, get payday loans, and even file tax returns in your name. There was a victim of identity theft every 3 seconds in 2019°, so don't wait to get identity theft protection.

What are 2 warning signs you have had your identity stolen?

Here are ten red flags that indicate someone has stolen your identity.You receive unexpected credit cards or account statements. ... You're denied credit for no apparent reason. ... You receive calls or letters from unknown debt collectors. ... Your bills and bank statements don't arrive in the mail.More items...

Can a company steal your identity?

Identity thieves can steal a business' identity by gaining access to the business' bank accounts and credit cards or by stealing sensitive company information, such as the tax identification number (TIN) and the owners' personal information.

What are 3 actions you should take if your identity is stolen?

File a claim with your identity theft insurance, if applicable. ... Notify companies of your stolen identity. ... File a report with the Federal Trade Commission. ... Contact your local police department. ... Place a fraud alert on your credit reports. ... Freeze your credit. ... Sign up for a credit monitoring service, if offered.More items...

Do police Investigate identity theft?

The FTC says a police report usually isn't necessary to document identity theft because the FTC is a federal law enforcement agency. Just as when filing a police report, you must tell the truth as best you can and could face criminal penalties if you provide false information.

How do I know if my identity is being used without my knowledge?

New Credit Cards or Loans in Your Name Most of us remember signing up for a new credit card or loan. So if you learn there's a new line of credit opened in your name that you never signed up for, this is an immediate warning sign that you're a victim of identity theft.

What are the 5 most common types of identity theft?

Here are five common types of identity theft to help you stay one step ahead of hackers.Financial identity theft.Medical identity theft.Criminal identity theft.Synthetic identity theft.Child identity theft.

How do you check if accounts have been opened in your name?

The best way to find out if someone has opened an account in your name is to pull your own credit reports to check. Note that you'll need to pull your credit reports from all three bureaus—Experian, Equifax and TransUnion—to check for fraud since each report may have different information and reporting.

What do I do if my personal information is stolen?

What Should I Do if I Think My Identity Has Been Stolen?Contact one of the credit reporting agencies' fraud alert departments and place a fraud alert on your credit report. ... Tell the agency you think your identity has been stolen. ... One call does it all. ... Call 1-800-525-6285.Visit www.equifax.com. ... Call 1-888-397-3742.More items...

Can you recover from identity theft?

On average, it can take 100 to 200 hours over six months to undo identity theft. The recovery process may involve working with the three major credit bureaus to request a fraud alert; reviewing your credit reports to pinpoint fraudulent activity; and reporting the theft.

How do I check to see if someone is using my Social Security number?

If you believe someone is using your Social Security number to work, get your tax refund, or other abuses involving taxes, contact the IRS online or call 1-800-908-4490. You can order free credit reports annually from the three major credit bureaus (Equifax, Experian and TransUnion).

What happens if your business identity is stolen?

If your business identity is stolen, it’s important to act quickly — just as it is when you notice consumer fraud. Unpaid credit card bills can drag on your business credit history, making it harder to get loans and credit cards later. You might not think you need access to business credit right now, but you might be surprised at how important it ...

What to do if you suspect another account has been compromised?

Close Any Other Affected Accounts. If you suspect other accounts have been compromised, you might need to close those accounts. Of course, it goes without saying that you have the fraudulent account closed even as you fight to have it removed from your report.

What to Do First

If you discover that an account has been opened fraudulently in your name or are contacted by a debt collector for a loan someone else took out in your name, the first thing you should do is file a police report with local law enforcement and file a complaint with the Federal Trade Commission (FTC).

What I Can Do for You

When you fill out the form on my website to get my FREE identity theft repair kit, I will email you all the forms and instructions you need to fix identity theft-related debt and credit reporting errors. Then, I will assist you in contacting creditors, debt collectors, and credit bureaus as necessary.

How He Did It

Realizing that I had my identity stolen initiated a two-day flurry of activity. During that time, I accessed haveibeenpwned.com and entered my email address. My personal information has been included in 14 data breaches so far. Starting there, this is what I figure happened.

Why Apple Pay?

The first people I called was Bank of America. I explained the situation and they disabled my credit card. It did take me four calls to achieve this. Calling the usual customer service number resulted in an identity check I could not pass. They needed to text an authentication number to my phone with no service. It didn’t work.

What I Did to Protect Myself

Although I stopped the credit card and got my charges removed from my AT&T bill, some crook out there still has a pretty good fake ID with my information on it, and my SSN. What is to be done?

Why Am I Still Nervous?

That wasn’t my only credit card. There are lots of places where you can set things up with all your personal identifying information.

There Ought to Be a Law!

I think that’s all I can do, but it doesn’t mean that’s all that could be done. AT&T, for example, could go farther than simply sending me a text when my SIM is about to be swapped. They could require that I approve it from the phone number in question.

How to deal with identity theft?

To minimize the damage, here are 10 steps to take once you realize you may be a victim of identity theft. File a claim with your identity theft insurance, if applicable. Notify companies of your stolen identity.

How much money was lost in identity fraud in 2020?

Last year, $16.9 billion was lost as a result of identity fraud, according to the 2020 Identity Fraud Study from research and advisory firm Javelin. In the first half of 2020 alone, 571,188 identity theft reports were made to the Federal Trade Commission, and people reported a median loss of $200.

What to do if you find unknown charges on your credit report?

If you find unknown charges, call the financial institution to alert them of the problem and request the account be locked or closed.

Does Chubb offer identity theft resolution?

For instance, Chubb offers complimentary identity theft resolution services to its policyholders. 2. Notify companies of your stolen identity.

Is a security breach a theft?

Not all fraud rises to the level of identity theft, and by itself, a security breach doesn't constitute a stolen identity. Rather, identity theft happens when someone uses your personal information to open new financial accounts, file tax returns or even make fraudulent medical claims.

Can a credit card number be compromised?

In cases of account takeovers, your credit card number might be compromised but thieves may not have access to your personal information. "That can be solved many times by picking up the phone and calling the credit card issuer," Levin says.

Does Lifelock offer identity theft protection?

If you have an identity theft protection plan, your provider should be able to guide you through many of the following steps. Companies such as LifeLock and IdentityForce sell identity theft protection plans, but even if you haven't purchased coverage, you may have it through an insurer or employer.

Step 1: Contact the companies where you know the fraud occurred

Most companies have a fraud department, contact that office and let them know your identity has been stolen. Ask them to freeze your accounts and restrict any further activity unless you are contacted first.

Step 2: Change logins, passwords and PINS for all your accounts

As the majority of identity fraud these days occurs online, you’ll need to “change the locks” on all your sensitive online information. Bank accounts, credit cards, Amazon accounts, Ebay, itunes are obvious, but don’t forget your social media and email accounts as well.

Step 3: Request a fraud alert be put on your credit reports and request a copy

Contact one of the three credit bureaus and tell them you want a fraud alert on your report. This is a free service and will make it much more difficult for someone to obtain credit using your name illegally. You should only have to contact one of the three major bureaus, they are required to report the alert to the other two.

Step 4: Report identity theft to the FTC and the Utah Attorney General

It is important that you report the identity theft to both Utah and federal authorities. Both have forms available online.

Step 5: File a report with your local police department

Go to your local police department to file a formal report. Take the following items.

Step 6: Contact an Attorney

While this list is a simple outline, dealing with identity theft can be a stressful, frustrating ordeal. An experienced attorney can provide much needed advice and expertise, and assist in repairing the damages caused by the theft. In addition to criminal prosecution, Utah law provides civil remedies for victims of identity theft.

Conclusion

The effects of identity theft can be far reaching. In addition to the loss of money or personal property, damage to credit and other financial harms, victims can suffer extreme emotional distress, fear and anxiety.