iPhones can basically do everything your computers can, the difference is that you can carry your iPhone wherever you go. You can check your email, take pictures, and watch movies, surf the internet, and video chat with loved ones using your iphone. However, the more we become dependent on smart phone technology, the more we are at risk of having our identities stolen. When we surf the internet using our iPhone, we often don’t realize that the wifi connection may not be encrypted; as a result we carelessly conduct transactions over the internet and unknowingly expose information related to our identity. According to statistics, 12 million Americans had fallen victim to identity theft in 2011, 13% more than 2010. The reason behind the rise in this statistic was that Americans are becoming more careless about using their smart phones. According to legal experts, if your phone is lost with personal information stored on it and you became a victim of identity theft as a result, then your options are limited. In fact, in some extreme cases, the victims had to file for bankruptcy due large transactions made by identity thieves.
Nevertheless, if you believe you may have fallen victim to identity theft, you can take the following measures to prevent ID thieves from ruining your credit. First: Place a fraud alert on your credit report, Second: notify your bank and credit card companies, Third: File a report with the local police, lastly, file a report with the FTC (Federal Trade Commission).