Millennials have grown up on technology like personal computers, cell phones and the internet. And while they may be tech-savvy, millennials also are sometimes unconcerned about how technology can lead to identity theft.
Nearly half of this generation born between 1982 and 2004 are concerned about cyber crime, according to a TransUnion survey. But most of them aren’t taking action to safeguard their personal information. Millennials also are:
Some call it a “millennial malaise” about online security. On the one hand, millennials have been online and on social media so much throughout their lives that they don’t think often enough about the impacts of their actions online—and the dangers. On the other, they see identity theft and fraud as inevitable, which leads to lax security behaviors making them even more likely to be victimized.
Millennials are more likely to use public Wi-Fi at coffee shops and other public places, share personal data on social networks, and disclose their passwords to others. All of those behaviors make them more susceptible to identify theft.
According to one survey in the United Kingdom, millennials are also the age group most likely to believe—incorrectly, of course—that data theft is a victimless crime. Thirty-four percent of millennials believe that, compared to 11 percent of Baby Boomers.
So, listen up millennials. Becoming more aware of the real dangers of identify theft is a first step. Then, there are a few basic steps to consider in order to help fortify your good name and credit:
If you suspect you’re a victim of identity theft or wish to proactively manage your identity, check with your local independent insurance agent. Identity Protection Services are automatically included, free of charge, with all IMT Insurance and Wadena Insurance personal auto policies. In addition, the coverage is optional on all Farm and Personal Liability policies.Copyright 2017 CyberScout