How to Protect Your Family from Identity Theft

Eight practical strategies to protect your family from identity theft and keep your personal information secure.

July 6, 2018 | by Adir Farbman

At eSignature Guarantee, we emphasize the critical importance of identity validation. We offer medallion signature guarantees to prevent identity theft during securities transfers. However, comprehensive protection extends beyond our services.

Here are eight key strategies to protect your family from identity theft:

1. Secure Your Mobile Devices

Unsecured phones represent significant vulnerability. Establish passcodes on all family devices and enable auto-lock features. Avoid remaining logged into banking or financial apps when not actively using them.

2. Set Privacy Settings on All Devices

Connected devices require strict privacy configurations. Install antivirus software on computers and configure privacy settings across mobile devices, tablets, gaming systems, and smart home assistants.

3. Be Aware of Scams

Criminals use phone calls and phishing emails to extract personal information like Social Security numbers or banking details. Fraudsters sometimes replicate legitimate corporate websites.

Verify website legitimacy before submitting forms and check actual email addresses rather than just display names.

4. Don’t Give Out SSNs

Many organizations request Social Security numbers unnecessarily. Verify the genuine need before sharing and confirm the recipient maintains proper security protocols.

5. Shred All Personal Documents

Destroy bills, statements, and documents containing account numbers through shredding rather than disposal. This includes unsolicited credit card applications that arrive in the mail.

6. Monitor Your Finances

Regularly review bank accounts, credit cards, and online payment platforms. Request your free annual credit reports and consider hiring monitoring services for enhanced protection.

7. Don’t Overshare on Social Media

Limit personal information shared on platforms like Facebook. Verify contact identities and maximize privacy settings to restrict stranger access.

8. Remain Vigilant

Identity theft prevention requires ongoing monitoring and attention. Incorporate personal information tracking into regular online habits and trust your instincts when anomalies appear.

Protecting Your Securities

When transferring stocks, bonds, or other securities, make sure you’re working with a reputable provider who takes identity verification seriously. At eSignature Guarantee, we use rigorous authentication processes to ensure only authorized individuals can transfer your securities.