Is Your Social Security Number at Risk? Find Out How to Protect Yourself Now

Today, it's almost certain that most Social Security numbers (SSN), a.k.a. one of the most important pieces of data assigned to you, have found their way into the dark world of cybercrime. Cyberattacks on businesses, government institutions and even healthcare providers have left this valuable information expossed, allowing hackers to gain access to critical personal data. 

Is it that serious? The short answer is yes. Once compromised, your SSN can become a tool for identity theft, fraudulent loans, and more. 

Why should you worry about a leaked SSN?

With an SSN in the wrong hands, someone could: 

• Steal your identity: Create fake accounts or apply for loans in your name. 
• Commit employment fraud: Use your number to work and leave you with tax problems. 
• Perform medical fraud: Use your information to receive healthcare, which can complicate your future medical records. 

The infamous Equifax data breach in 2017, which exposed the personal data of 147 million people, is a reminder of how devastating such an incedent can be. Even if you don't see the inmediate impact, criminals can hold on to SSNs for years, waiting for the moment to strike. 

Red flags! Is your SSN already in dangerous hands? Watch out for these signs: 

Key Steps to detect risks and protect your SSN

• Monitor your credit regularly: You can check your report for free once a year with each bureau (Experian, TransUnion, Equifax). Make it a habit to review these reports for signs of unusual activity. 
• Consider identity protection services: Options like Experian IdentityWorks or LifeLock monitor your SSN and alert you to suspicious uses. 
• Freeze your credit: This prevents third parties from opening accounts in your name without your consent. You can freeze and unfreeze your credit for free through each of the three major credit bureaus. 
• Set up Social Security Administration alerts: Get notified about suspicious changes to your account. 

What to do if your SSN has already been compromised

If you confirm that your SSN is compromised: 

1. Report the case to the FTC at IdentityTheft.gov
2. Place fraud alerts on your credit report. 
3. Freeze your credit immediately. 
4. Inform your finnalcial institutions to protect your accounts. 

Protect your Business: A professional approach to cybersecurity

At TheCompuLab we know that small and medium-sized businesses handle sensitive employee and customer information, making them attractive targets for hackers. Our cybersecurity services are designed to protect bith your business and your personal data. 

Request a FREE Security Risk Check-up and find out how we can help you protect information against cyberthreats. 

Click here to protect your business now.