How to Protect Yourself from Fraud & Identity Theft

The recent developments at the Treasury Department have made many of us nervous, and rightly so. Most of us don’t want 20-year-olds to access our sensitive financial data—especially when they don’t have government clearances, specialize in hacking, or have ties to foreign adversaries.

While a federal judge blocked DOGE access to some data and ordered that they destroy all information within seven days, most hackers don’t have a reputation for following the law.

In this episode, you will learn:

>> (4:58) The benefits of increased online security

>> (8:45) A cause for concern and why you should do something now rather than later

>> (10:50) How your bank may help if you’re a victim of fraud

>> (13:05) The process to freeze your credit with the 3 major bureaus

>> (15:40) What other companies are doing to increase security

>> (19:12) How you can help your family and friends mitigate potential fraud and identify vulnerabilities

>> (21:58) A critical insight to transform the intent into reality

Educate yourself about common scams and fraud tactics. Stay informed about emerging threats and regularly review resources provided by reputable sources, such as consumer protection agencies and financial institutions. The FTC (Federal Trade Commission) protects consumers from unfair business practices in the United States. If you have money stolen from you, you may need to contact your local law enforcement.

By staying vigilant, safeguarding personal information, and adopting secure practices, individuals can significantly reduce their risk of fraud. Prevention is critical to maintaining financial security in an increasingly digital world.

Links Referenced in the Show:

Get your Worth Barometer Guide:  https://themillionaireinsider.com/wbg

Get your Free Financial Checkup: https://themillionaireinsider.com/fc

Show notes and more information: https://themillionaireinsider.com/100

This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.