Wednesday, December 2, 2015

Don’t Give Your Social Security Number At These Places!

Don’t Give Your Social Security Number At These Places!

social-security-number
Are you worried about becoming a victim of identity theft? It seems like we hear about a new data breach every week. So many places from supermarkets to government agencies are failing to protect our private information. And those are just the ones we hear about. How can you possibly protect yourself?
One way is to limit who has access to your Social Security number. It seems like every business wants to have it but not everyone actually needs it. You can refuse to provide it at some places. Clark Howard of the financial website clarkhoward.com shared a post about where you can avoid giving out this important piece of information. The list is based on what places fail the most at keeping our data safe. See the list of places and learn how to protect yourself when you click the link below.

When should you give your Social Security number and when should you not?

My rule on giving out my Social Security number is that I don't do it, unless I know it's absolutely, positively required for what I'm doing.

Companies and institutions ask for our Social Security numbers like they're handing out a piece of candy. Unfortunately, they do a mediocre to terrible job of securing the number, depending on the industry.

Kiplinger  magazine once ran a list of the 10 worst places to give out your Social Security number.

Here are the places you shouldn't give out your Social Security number

Topping the list is any college or university. I recall when Social Security numbers were used as your student ID number and they were posted everywhere on campus. I even had a professor who posted grades outside his office by Social Security number.

The second worst place to give out your Social Security number is in the banking industry. Unfortunately, there's no way around this one; if you want to open an account, you have no choice but to divulge the digits.

Making four separate entries on the list are hospitals, medical businesses, health insurers and medical offices. These kinds of places always want your Social Security number and I always leave it blank. Their thinking is if you don't pay, they want to be able to turn you over to a collection agency. But their security is like Swiss cheese with holes, and medical identity theft is huge problem.

I recently had a diagnostic test and was handed pre-printed forms where my Social Security number was printed in four places. I have no idea how they got it. Anybody who sees my records now has access to my Social Security number.

Other places where you shouldn't give out your number include government at all levels and volunteer charity organizations. When it comes to the latter, the non-profits need to run background checks on you. But they vary greatly in level of sophistication and your info may not be properly secured.

Contact Stacey Guzanick 262.490.3696,   RE/MAX Realty Center  Guzanick@gmail.com,  if you have questions about buying a house or selling one.

I can  guide you  toward your next home.

www.HomesWithStacey.com

See you at the closing!

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