Review #4 (Budgeting and Identity Theft)

What are the long-term negative effects of identity theft? (hint: choose 2 correct answers)

• Inability to access and use your bank account

• A poor credit score

• Extremely time consuming to fix the problem

• You will likely lose your job

Which is NOT one of the three main credit reporting agencies?

• Experian

• Equifax

• Vanguard

• Transunion

A credit freeze...(hint: choose 2 correct answers)

• Allows you to restrict access to your credit report

• Can only last for 30 days

• Is always a free service

• Does not affect your credit score

Which is NOT a form of identity theft?

• New Account Fraud

• Medical Identity Theft

• Account Takeover Fraud

• Software Installation Fraud

What can you do to protect your identity online? (hint: choose 3 correct answers)

• Always use the same password for every account

• Create a unique password with special characters

• Be cautious of personal information you are sharing online

• Shop only on a secure site

The first thing you should do if you are a victim of identity theft is

• Call the police

• File an initial fraud alert

• Contact your bank

• File an identity theft report

What is 2 Factor Authentication?

• Requires you to enter your password twice to enter a website

• Does not provide protection against identity theft

• Sends a secondary one-time password to an external device

• Requires the card's CVC code for every transaction

Getting sensitive information by disguising as a trustworthy entity in electronic communication

• Investment scam

• Pyramid Schemes

• Banking scam

• Phishing scam

Which of the following passwords is the most secure?

• 03011999 - it's my birthday

• password - easy to remember

• Football2018 - a combination of letters & numbers

• #mhalll+1! - a combination of letters, numbers, & characters

At what website can you report an instance of identity theft?

• reportmyidentitytheft.com

• getbackyouridentity.gov

• annualcreditreport.com

• identitytheft.gov