Remember the massive cybercrime that affected thousands of Target patron earlier this year? Aside from that largely publicized incident, it’s been reported that 13 million Americans fell victim to identity fraud in 2013. An increase of 500,000 from 2012!

Phyllis Schneck, deputy Secretary for cybersecurity and communications for the U.S. Department of Homeland Security, recently said in a news release, “We have seen a sharp increase in the number of malicious actors attempting to access personal information or compromise the systems we all rely on, in the retail industry and elsewhere”.

Here’s 5 tips you can start implementing now to protect your personal information.

1. Think twice before providing sensitive information like your birth date and address. Financial institutions use this info for identity verification to access accounts but before providing it to other, ask why it’s needed and how it will be protected.

2. When online and on social media, take extra caution with and what applications to download. Social networks are a hotbed for identity fraud activity. Turn off your GPS/location functions from applications. Using those applications make you more susceptible to fraud.

3. Online mobile banking is so convenient and it’s here to stay. I use it and I love it! However, precautions must be taken when using mobile devices. Ensure your network connection is secure and your devices have updated security. NEVER access you bank info through public Wi-Fi. Use your carrier’s cellular service.

4. Detect activity early by using a comprehensive identity protection service that not only monitors credit reports, but also scans public records and online activity for signs of fraudulent use of personal information.

5. Be alert and report suspicious activity to your financial institution and law enforcement. I get online and look at our bank activity and our primary credit card activity daily. The sooner you learn of the fraud, the sooner recovery can begin, reducing potential losses.

You may evaluate your risk of identity theft with this free Identity Risk Calculator provided by American Family & Identity Theft 911© . This online tool asks a series of simple questions and, based on your answers, gives you a risk “score” along with a report on how you can reduce your exposure to identity theft.

For more information on how to protect your family against identity theft, please contact us.

-S.O.
The Patrick O’Brien Agency – Fishers, IN

This week, Shannon Morris, our Licenced Agency Manager, shares with you why is a Personal Insurance Review (PIR) important.

Many of our clients don’t feel that a Personal Insurance Review is necessary. They don’t want to take time from their busy lives to come to the office and review their coverage. Many of the clients that Pat and I have taken over recently haven’t had a PIR in several years. Here are some items we’ve recently discovered by meeting with our clients.

We had a client arrive for a PIR. She asked to see a summary of her scheduled jewelry (high value jewelry added to a home owner policy in order to have it covered). Upon review, NONE of her jewelry was scheduled. Most policies only cover $1,500 per item. Would you want to lose a $10,000 engagement ring, call to file a claim, and discover you hadn’t scheduled the item? You would pay your deductible and only receive $1,500 compensation.
I recently spoke with a client by phone who was adding a new vehicle to his coverage. In review of his current policy I noticed that his 20 something son was still rated on one of his vehicles. I confirmed with the client that his son had indeed moved out and we were able to cut his rates in half as a result!
A client met with us and realized that his 17 year old daughter was not listed as a driver on any of his vehicles! She has had her license for almost a full year!!!!
We have had several clients come in for their PIR and discovered that they were missing discounts! Do you want to save money?

Mistakes happen. People forget to call their agent when a life change occurs. You may THINK you did something when in all reality you did not. The worst time to find out you do not have the coverage you believed you had is when you go to file a claim.

Find out NOW! Schedule a PIR with Patrick and ensure you are properly covered and receiving all of the discounts you are entitled to! Give me a call and I can get you scheduled! 317-577-7872

– Shannon Morris with AmFamPOB