Millennials have grown up on technology like personal computers, cell phones and the Internet. And while they may be tech-savvy, millennials are also the most blasé about how technology can lead to identity theft.
Nearly half of the generation born between 1982 and 2004 is concerned about cybercrime, according to a TransUnion survey. But most of them aren’t taking action to safeguard their personal information. Millennials are also:
Some call it a “millennial malaise” about online security. On the one hand, millennials have been online and on social media so much throughout their lives that they don’t think often enough about the impacts of their actions online—and the dangers. On the other, they see identity theft and fraud as inevitable, which leads to lax security behaviors—making them even more likely to be victimized.
Millennials are more likely to use public Wi-Fi at coffee shops and other public places, share personal data on social networks, and disclose their passwords to others. All of those behaviors make them more susceptible to identify theft.
According to a survey conducted in the United Kingdom, millennials are also the age group most likely to believe—incorrectly, of course—that data theft is a victimless crime. Thirty-four percent of millennials believe that, compared to 11 percent of Baby Boomers.
So, listen up millennials. Becoming more aware of the real dangers of identity theft is a first step. Then, there are a few basic steps that will help fortify your good name and credit:
If you suspect your identity has been stolen, call VyStar at (904) 777-6000 or 1 (800) 445-6289.
The content provided in this blog consists of the opinions and ideas of the author alone and should be used for informational purposes only. VyStar Credit Union disclaims any liability for decisions you make based on the information provided.