Everyone who pursues financial prosperity should recognize the monitoring their credit reports and identity is essential for credit health. Maintaining a secure identity and strong credit history is important for many financial milestones. These include opening a credit card, buying a home or owning a car. In many cases, strong credit is needed to rent an apartment or get a new job.
For these reasons, credit report and identity theft monitoring are mainstays of financial wellbeing. But in the modern world, cybersecurity threats and identity theft cannot be ignored. On average, there are three data breaches a day, exposing personally identifying information (PII) that allows thieves to steal your identity. Cybercriminals and low-tech scammers alike pose a direct threat to the financial security of Americans.
Consumers must be proactive when it comes to watching, and protecting, their credit and identity. The longer that fraud continues unnoticed, the more expensive, time consuming and distressing the consequences.