Excerpt from: Real Estate Industry Leader's Roundtable
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| November 29, 2006 | | Troy Allen discusses Identity theft. | Troy Allen is todays featured real estate industry leader, he is a specialist in identity theft and the Senior Vice President of Fraud Solutions at Kroll Worldwide, where he is charged with providing theft restoration services to the consumer market.
Prior to coming to Kroll, Troy concentrated on sales and marketing within the banking, insurance and real estate industries with such firms as Union Planters Bank and FISI Madison Financial, an international direct response affinity marketing organization owned by Cendant Corp. He has worked on marketing campaigns for all of the top 25 and most of the national and regional financial institutions in the U.S. Many of those campaigns centered on identity theft products offered to consumers.
In his Interview at Real Estate CyberSpace Radio he discusses the following real estate advice: Reducing Exposure to Identify Theft
- Watching your mail and shredding documents are prudent habits; do not carry your Social Security number; do not give it out unless you have to.
- Identity theft cannot be totally stopped; you are exposed by what you have done in the past; you have given your name and Social Security number to countless locations (schools, employers, banks, medical professionals) that retain it in multiple places, in hardcopy and electronically.
- Most places do little to protect identity information, so legislation is beginning to require notification to consumers of security breaches; identity theft is an organized crime today-groups steal identity data en masse.
- The FTC web site has a list of things you can do to decrease your vulnerability to identity theft; one suggestion is to make sure you get your mail; drug-addicted thieves are stealing mail out of people's mailboxes, rerouting your information to themselves and using it to buy drugs.
- Be cautious online-avoid phishing scams-but the Internet is not the issue that it is blown up to be.
- Pay attention to things you might consider junk mail or nuisance telemarketing calls; if you get a communication welcoming you to a program that you think is a mistake, check out if you have been enrolled and how.
In this briefing he also discusses the following real estate tips: - Defining Identity Theft
- Unauthorized Use of Credit Cards
- Consequences for Identity Theft Victims
- Dealing with Identity Theft
- The Kroll Identity Theft Program
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