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While identity theft seems to be less and less of a big headline in the media, this doesn't mean the problem is solved. More cases of identity theft emerge as more people begin to use the Internet and don't know how to keep their private information private. But the good news is that it's quite simple to protect yourself from identity theft, once you know what people are looking to steal. Once you've armed yourself with knowledge, you can face the world without the fear of thieves trying to steal it away.

What Do Thieves Want?

There are a few things thieves want to take from you: bank account numbers, social security numbers, and other identification numbers. With these numbers, they can easily get into your bank accounts, set up new credit card accounts, and even print up new driver's licenses and social security cards. These are all numbers you should guard as though your life depended on it – because to a certain extent it does. While there are many safeguards in handing identity theft, a good thief will be hard to catch and to stop. The theft can continue for years, long after you've figured out it's started. No matter what anyone asks you, do not give out these numbers unless you know who's asking you for them.

Checking Your Identity

Thankfully, there are some low cost safeguards in place that can help you check your identity status frequently throughout the year. There are three credit reporting agencies in the United States – Experian, TransUnion, and Equifax. You are allowed to get one credit report from each agency for free during a one year period. So, you can request one of these from each agency every 4 months to regularly review your credit history. If anything seems fishy, you need to contact the credit reporting agency to tell them the information is inaccurate and needs to be taken off of your records. You will also need to contact the companies that are affected by these errors – credit card companies, loan institutions, etc. You can also purchase monthly access to your credit report through various credit card companies. This way, you can see your credit score more regularly and you can be alerted to any changes that take place. These companies generally don't charge more than $10 a month.

Simple Tips to Hiding Your Identity from Others

The reason why identity theft still occurs is because people are not aware of the simply steps you can take to protect yourself. Never give out information over the phone or email. Only give out information to people and to sites you trust. Shred any financial documents with a diamond cut shredder before tossing into the trash. Use your computer's virus software or install new and up to date virus software. Never click on links in emails unless you know the person who sent it to you. Check your account statements for your credit cards and bank accounts monthly to check for suspicious charges.