Hope Business Solutions Group Newsletter: October 2022

Teressa McIntosh • October 4, 2022

Identity Theft: How To Protect Your Family and Your Business

Identity theft and fraud cases have steadily been on the rise since the onset of the pandemic over two years ago. It is estimated that there is a new victim of identity theft every 14 seconds, with over 40 million Americans impacted last year. And these crimes aren't just impacting individuals, either. With ransom-ware attacks on the rise, businesses are targets as well. You may even recall hearing about large corporations even being breached, such as Target and Facebook, but these attacks could easily impact smaller businesses as well. Let's take a look at some more information on identity theft...

Three Common Types of Identity Theft


  1. Driver’s License Identity Theft:
  • A major area of identity theft is fraudulent reproduction of a victim’s driver’s license.
  • A reproduced driver’s license can be used to open bank accounts, secure mortgages, obtain passports, for identification at a traffic stop, etc.
  • Everyday thousands of fraudulent driver’s licenses are used in the US.

2. Social Security Identity Theft

  • An identity thief may or may not use the victim’s information for credit related issues.
  • Often a social security number will be used simply to gain employment. This causes major problems with the Social Security Administration and the IRS.
  • Over 10,000,000 social security numbers are bought and sold every six weeks!


3. Credit/Financial Identity theft

  • Credit card fraud is now the most common form of consumer identity theft.
  • Victims can be liable for credit card charges that are not disputed within 60 days – even if they are unaware that the fraudulent account exists.
  • The best way to prevent this type of fraud is continuous monitoring of credit.

Protection for Your Businesses

Small businesses need legal protection and identity theft protection as well. Small businesses don't have millions of dollars at their disposal for legal battles or advice if they get hacked by a cyberattack, like some bigger businesses do. This is why it is important to keep your business protected and informed when it comes to cyber security. Learn more about business identity theft protection here.


Protection for You and Your Family

Today, almost all of our private information is stored online somehow, whether we like it or not. One of the most important aspects of protecting you and your family's identity is to ensure your private information stays private. Identity protection services can scan and monitor social media accounts for reputation damaging images and harmful content, provide a secure and private VPN, malware protection and password management, and much more. Learn more about your identity theft protection options here.



Keep yourself and your business protected from identity theft and other legal issues, CLICK HERE to get more information about legal & ID protection.


Thinking About Starting A Business? Want to Know More About Business Credit?


We provide a comprehensive assessment and consultation to discuss your best path toward financial success for your business. Complete our Business Assessment today and get a jump start for your business! CLICK HERE to complete the assessment.


And we have a NEW E-Book to help guide you through the process of establishing business credit and obtaining funding for your business, "The Business Credit and Financing Guide" by HOPE BSG now available in our online store!


Whether you are a self-paced learner and want to take each step of the process at your own rate, or you just want to learn more about the world of business financing and how to take your business to the next level - this book is for you.

One more thing...


We deeply appreciate all of our clients and affiliates, it is our sincere pleasure to serve you and be able to interact with all of our prior class attendees, contacts, and clients. Please consider leaving us a review on Google if you have enjoyed our services or one of our classes.


Also...



Want to Know How to Take Your Personal Credit to the Next Level?

We hope this information was useful to you, but if you want to take the next step in improving your credit score and your financial health, we have some additional resources for you....


If you would like a more in-depth guide to improving your credit, we have an amazing new e-book, "The DIY Credit Restoration Guide", including, "The Shocking Truth of What LexisNexis Has on YOU!" This is a great companion to our DIY Credit Program, or you can use it on your own to take your credit to the next level. VISIT OUR ONLINE STORE for more information.


One more thing...


We deeply appreciate all of our clients and affiliates, it is our sincere pleasure to serve you and be able to interact with all of our prior class attendees, contacts, and clients. Please consider leaving us a review on Google if you have enjoyed our services or one of our classes.


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