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Identity Theft: Don't Let Scammers Catch You Out!

Posted on 19 May 2023 by Mr Price Money


Identity theft can happen to anyone! The good thing is there are steps you can take to protect yourself. Read on for all our tips and tricks...

What is Identity Theft?

It is a type of fraud that happens when someone hacks into your profile, using your personal information and then uses it as their own illegally. They can then use your identity to open accounts and shop in your name, without ever planning on paying it back.

Tips to stay safe
  • Never give anyone your ID number or other personal info to anyone unless you initiated it, or you are sure you know who you're dealing with.
  • Your financial info should always be protected. Make sure all statements and other financial documents are kept in a safe place.
  • Ignore emails, or any other form of communication, that has a link to a website asking you to log in and give your password details or update your personal info.
  • Keep your ID Book, Passports, and Drivers Licence safe.
  • Keep your personal computers and devices safe with firewalls, anti-spam/virus software and updated security patches
  • Create strong passwords for online shopping accounts and change them regularly.
  • Use the screen lock options on devices, especially if you leave yours unattended.
  • Tighten up on your social media security settings. Fraudsters can get info from social media.
  • Never share your PIN, password, or one-time pin with anyone.
  • Read every "Approve-it" message carefully before you accept it.
  • Use different passwords for different online shopping accounts.
  • Protect your info by registering with the South African Fraud Prevention Services if your ID or passport has been stolen. This can be done at www.safps.org.za.

Always reach out to us if you need help:

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