American credit card debt has reached an all-time high of $1 trillion, according to the Federal Reserve Bank of New York.  With so many Americans facing debt, now is the time to learn how to confidently navigate through your finances. The first step is creating a financial wellness plan that can help you meet your financial goals and manage your debt this year.

According to a recent Charles Schwab Corp. survey, only 28% of Americans have a written financial plan. Of the remaining 72% who don’t, half of those believe they don’t have enough money to make a plan worthwhile. The rest feel it’s too complicated and time-consuming to do so.

However, consider the fact that having a financial wellness plan in place has proven to build confidence, peace of mind and the ability to understand and achieve financial goals.

Starting your journey to financial wellness does not require a lot of savings. It starts with shaping your spending habits in ways that benefit your future self. A good place to start would be to set your budgeting percentages with the 50/30/20 method and link your bank account to a budgeting app that helps you track your habits. This approach gives you an idea of where your money is going, so you can make decisions that prioritize your goals.

Budget Percentages
Needs (50%)	Wants (30%)	Savings & Debt (20%)
●     Groceries ●     Housing ●     Utilities ●     Transportation	●     Shopping ●     Dining out ●     Hobbies ●     Leisure	●     Investments ●     Student loans ●     Credit Card

Having a financial plan in place can help you make better financial decisions and boost your confidence in the process. And, like any journey, it helps to have people along the way pointing you in the right direction.

Once you meet a certain goal, where to next? If something unexpected happens, what private or public programs exist to help you through it? Consider the help of a financial coach to guide you.

Creating a financial wellness plan with the help of a financial coach can be part of your first step forward to financial confidence. With a financial coach, you receive answers to your questions, guidance, and support as you work toward your financial goals.

Financial coaches can help you with debt management, so you can get out of debt and no longer be one of the many Americans with record-high debt.

 

The dark web is a hidden part of the internet that cannot be accessed as easily. To get to the dark web, you need to use special tools designed to provide anonymity and privacy for the dark web’s users and website administrators. While there are many legitimate reasons to use the dark web, its anonymity makes it fertile ground for illegal activity.

Read on for an overview of the origins and history of the dark web, and answers to common questions you need to know before you use it.

What Is the Dark Web?

The dark web consists of websites and services that operate anonymously and aren’t accessible in the “public” part of the internet. This means that dark websites cannot be found using common search engines such as Google or standard web browsers like Chrome. Dark web users need a special browser, called Tor, to access it. Dark website URLs end in .onion, and they can’t be accessed with any other type of web browser.

The dark web is known for its privacy and anonymity. There are plenty of legitimate reasons to use it to remain private and anonymous — such as bypassing government censorship, finding niche content, participating in forums or chat boards, whistleblowing crimes to journalists, or even contacting the CIA.

But the dark web is also associated with illegal activities including the trafficking of drugs, weapons, and illegal pornography, hacking and cybercrime, terrorism, and the sale of stolen data or personal information.

Transactions on the dark web are typically conducted using cryptocurrencies such as Bitcoin to maintain anonymity. Law enforcement agencies and cybersecurity experts actively monitor the dark web to look for lawbreakers. It’s important to exercise caution and use appropriate security measures when using the dark web to help avoid encountering criminals or illegal content.

Deep Web vs. Dark Web: What’s the Difference?

The deep web is also made up of content that is not indexed by search engines and requires a login to access. You probably use the deep web all the time — examples may include bank accounts, your email, and login-restricted content such as news or streaming entertainment. The deep web is far and away the largest part of the internet.

The dark web is similar in that it can’t be found by search engines, but that is where the similarities end. Unlike the deep web, the dark web can’t be found via standard web browsers or by navigating to a login page through a “public” facing website.

The History of the Dark Web

1990s: Creation of Onion Routing

Dark web history is packed with government influence. “Onion routing” – the core principle that enables Tor to maintain user anonymity — was developed and funded in the mid-1990s by the U.S. federal government.

Onion routing was created to protect individuals in the intelligence community by allowing them to communicate anonymously. It also served to protect whistleblowers, allow freedom of thought and expression for citizens and journalists who lived under oppressive regimes, and keep others out of danger by protecting their anonymity.

Onion routing was first developed at the U.S. Naval Research Laboratory by scientists Paul Syverson, David Goldschlag, and Michael Reed. The project’s development continued through the Defense Advanced Research Projects Agency (DARPA) until the U.S. Navy patented onion routing in 1998.

2002 – 2006: Origins of the Tor Project

After onion routing was patented, additional computer scientists joined the original development team in 2002 and created the biggest project for onion routing yet: The Onion Routing Project, now commonly known as the Tor Project.

The Navy would later release the code for Tor under a free license. In 2006, several of the same scientists who developed Tor founded the Tor Project, a Massachusetts-based non-profit organization. The Tor Project maintains the software and browser of the same name and still receives funding from the U.S. government.

Current and past sponsors of the Tor Project include multiple branches of the U.S. government, including the Department of Defense, as well as governments of other modernized countries, human rights foundations, and many others. These sponsors fund the Tor Project because they believe it helps protect advocates of democracy in authoritarian states.

The Tor Project maintains that while it accepts federal funding, the organization does not work with the NSA to reveal the identities of any of its users.

Early 2000s – Present: Tor’s Illegal Uses

While Tor (and similar dark web software/browsers) have uses that keep people safe, the anonymity that it provides can be exploited for criminal purposes.

The dark web created a unique opportunity for digital black markets to thrive, and people began to take advantage. Transactions on the dark web are often carried out with Bitcoin or other cryptocurrencies, which are unregulated and difficult to trace back to the user.

These transactions can range from drug and weapon purchases to illicit pornography and even human trafficking. While new hidden services frequently pop up, law enforcement agencies continually work to shut down dark marketplaces and bust the people behind them. Even though Tor is known for keeping its users anonymous, law enforcement has methods to identify and locate criminals.

One particularly infamous example of this is the story of Ross Ulbricht and the Silk Road — a story that caused many people to hear about the dark web for the first time.

February 2011: Ross Ulbricht Creates the Silk Road Marketplace

“I created Silk Road because I thought the idea for the website itself had value, and that bringing Silk Road into being was the right thing to do. I believed at the time that people should have the right to buy and sell whatever they wanted so long as they weren’t hurting anyone else… Silk Road was supposed to be about giving people the freedom to make their own choices, to pursue their own happiness, however they individually saw fit.”

– Excerpt from Ross Ulbricht’s letter to Judge Katherine Forrest prior to his sentencing

The Silk Road was essentially a dark web marketplace for drugs. Users could buy their products with Bitcoin and even leave ratings and reviews to inform other buyers of safety, quality, etc. Think eBay but untraceable.

The marketplace was created by Ross Ulbricht, known as Dread Pirate Roberts on the site. He was a 26-year-old recent graduate of Penn State University with a master’s degree in materials science and engineering. Over the course of his days as a graduate student, he developed a strong interest and belief in libertarian philosophy and economic theory.

Following his graduation, he was unsatisfied with a regular day job and his legitimate attempts at entrepreneurship continually fell through. That’s when Ulbricht conceived the Silk Road, a marketplace where people could buy and sell whatever they wanted.

Ulbricht believed people should have the freedom to sell and purchase the products that they desired, despite their illegality, so long as they were not causing harm to anyone else. The way he saw it, he was setting up a truly free market that was safe from the grasp of law enforcement. It should be noted that the sale of any product used to “harm or defraud” another individual was strictly prohibited.

June 2011: The Silk Road Gains Popularity

Using the Tor network as the anonymous marketplace and Bitcoin as the medium of exchange, the Silk Road became a one-stop shop for just about every mind-altering substance that exists. The hidden service gained traction in 2011 and then hit the mainstream when a Gawker article about the site was published.

By this time, it had caught the attention of law enforcement and politicians. Sen. Chuck Schumer, D-New York, called for an investigation by federal authorities including the DEA and Department of Justice to shut the site down.

From 2011 to 2013, the Silk Road hosted 1.2 million transactions between 957,079 users, totaling about $1.2 billion in value. According to the FBI, Dread Pirate Roberts earned $79.8 million in commission from all the transactions. (Ulbricht claims he sold the site to someone else and was no longer Dread Pirate Roberts at the time of his arrest and subsequent conviction.)

2013: The End of the Silk Road

Authorities were able to trace the pseudonym back to Ulbricht thanks to the efforts of an IRS investigator who was working with the DEA on the Silk Road case in mid-2013.

With a mix of infiltration, social engineering, and many hours of investigative work, authorities were able to discover Ulbricht’s identity. He was arrested in San Francisco, where his seized laptop provided ample evidence that he was the mastermind behind the Silk Road.

He was charged with money laundering, computer hacking, and conspiracy to traffic narcotics. It was alleged he offered a total of $700,000 for hitmen services to take out people who were trying to blackmail him, but he was never charged for these allegations for lack of sufficient evidence.

Throughout his trial, Ulbricht’s lawyers maintained that he was no longer the individual in control of Dread Pirate Roberts and had been set up as a fall guy. The judge ruled that any “speculative statements” claiming that Ulbricht was no longer in charge of the Silk Road would not be allowed and were to be removed from the record of the case, even though the account had been accessed while he was incarcerated and awaiting his trial.

The FBI shut down the Silk Road in October 2013.

May 2015: Ulbricht is Sentenced

On May 29, 2015, Ulbricht was sentenced to two life terms plus 40 years without the possibility of parole.

He serves as a cautionary tale of placing too much faith in the ability to remain anonymous in the dark corners of the web. He and his family continue to fight what they see as an unjust sentence. Many individuals (including the creator of Silk Road 2.0) were convicted of similar crimes and received sentences of less than 10 years.

2015 – Present

Following the demise of Silk Road, many other illegal dark marketplaces popped up to take its place. Just as quickly, illegal marketplaces that get created may get shut down by law enforcement. Today, the dark web still operates as a place for users to navigate the web anonymously, whether it be for legal or illegal reasons. Law enforcement continues to track activity on the dark web with the aim of shutting down criminal enterprises.

The Future of the Dark Web

The future of the dark web is uncertain as it continues to evolve and adapt to new technologies and law enforcement methods. New encryption and anonymity tools may arise to counter the advancement of law enforcement and government monitoring tools.

Cryptocurrencies will likely remain the primary way to facilitate dark web transactions. And the dark web will likely continue to act as a hub for criminal activities including drug trafficking, illegal pornography, cybercrime, and the sale of stolen data. Just as important to note, the dark web will continue to offer privacy and safety for people who want to use it for legitimate reasons.

Law enforcement will continue to invest in resources and technology to help them monitor and combat crime on the dark web, as well as collaborate across borders to tackle illegal dark web operations. And dark web users may respond by developing more sophisticated methods to avoid detection.

Public awareness about the use and risks associated with the dark web can help individuals protect themselves and avoid its more dangerous aspects. Ultimately, the future of the dark web rests on the balance between technology, law enforcement, and societal attitudes toward privacy and online security.

Dark Web Regulations

There have been many proponents for greater regulation of the dark web. For example, the G20 and the Financial Action Task Force have promoted the idea of cryptocurrency companies providing information on users and their transactions. Regulations that can affect the dark web include:

• Prohibition of drug trafficking, weapons trafficking, certain types of pornography, and the sale of stolen consumer data.
• Cooperation agreements that allow law enforcement agencies to partner and share information when investigating dark web crimes.
• Surveillance and monitoring initiatives that enable authorities to track and identify individuals on the dark web.
• Restriction of encryption technologies in some countries, such as virtual private networks (VPNs) to prevent users from hiding their identities online.
• Financial regulations that monitor and direct online transactions.

Of course, enforcing these regulations can prove challenging due to the anonymous nature of the dark web. Penalties may range from fines to imprisonment depending on the jurisdiction and the severity of the offense.

Dark Web FAQs

Is it illegal to access the dark web?

It is not illegal to access the dark web.

How do you get on the dark web?

You need Tor, a secure browser, to access the dark web. You can then enter a dark web URL to visit a website or search for content using a dark web directory. Consider using a VPN to maintain greater anonymity.

What should you do if your information is on the dark web?

If your personal information is found on the dark web using a dark web scan, your identity is already at risk. You could become the victim of financial fraud, employment identity scams, tax identity theft, and more. Here are the steps you should take if your information is found on the dark web:

• Freeze your credit reports with the credit bureaus.
• Change your passwords for your online accounts and create strong, unique passwords for each account.
• Turn on multifactor authentication for all online accounts.
• Monitor your financial accounts and credit reports for signs of fraud.

One of the strongest weapons in the fight against identity theft is IdentityIQ credit and identity monitoring. You can monitor your credit reports and other national databases and receive alerts when suspicious activity occurs. In addition, IdentityIQ provides dark web monitoring to scour the dark web for your information and warn you when it’s found.

What are some of the risks of the dark web?

Risks on the dark web include illegal drugs, weapons and firearms, hacking tools and services, fraudulent documents and counterfeit money, malware and ransomware, identity theft, and more.

In the modern workplace, technology is just as common as the typical morning cup of coffee. Alongside the benefits of a digitally connected office, however, is the ongoing threat of cyberattacks.

Among these ever-present threats is phishing, which is a deceptively simple yet effective method cybercriminals use to compromise both business and personal accounts. While the danger is real, the good news is that there are several clear signs and signals to look out for that can help individuals discern genuine communications from malicious ones.

Understanding and recognizing these key indicators can help professionals bolster their organizations’ digital defenses and protect employees’ personal information.

In this article, we delve into the anatomy of email phishing and provide actionable insights to help you get through your inbox with confidence.

What Is Phishing?

At its core, phishing is a deceptive technique employed by cybercriminals to trick individuals into divulging sensitive personal information like usernames, passwords, credit card details, or other confidential data.

You may be wondering how bad actors get access to this data, and the answer is quite simple — impersonation. Cybercriminals craft emails or other communications that mirror legitimate correspondence from trustworthy entities, be it a bank, service provider, or even your workplace.

One of the most alarming aspects of phishing is the sophistication with which these fake communications are designed. They’re often almost indistinguishable from genuine emails, which is why a staggering 97% of people struggle to identify them, according to recent research.

This high level of trickery and deception is exactly what makes phishing such a prevalent and effective cyberattack strategy for bad actors out there, threatening workplaces of all sizes.

To underline the gravity of the threat, consider this: last year alone, over 500 million phishing attacks were reported, which marks a significant surge compared to the year before. This paints a clear picture of the growing menace phishing poses to both businesses and individuals.

Being caught in a phishing scheme can have dire consequences, ranging from financial loss to compromised data and breached security protocols. As such, recognizing the gravity of this threat and taking proactive measures to help protect yourself is essential.

In a world where cyberthreats are all around us, awareness and education on phishing and its tactics are the first line of defense.

10 Tips to Spot Email Phishing

Cybersecurity continues to remain a top concern these days, and phishing emails rank among the most cunning threats posed by cybercriminals trying to get access to various businesses.

These malicious emails are carefully tailored to deceive and extract personal information from unsuspecting recipients. They can result in data breaches at companies, which can have devastating consequences.

But how can you differentiate between a genuine email and a phishing attempt? Here are ten vital tips to assist you in spotting and steering clear of phishing emails:

• Generic Email Domain: A legitimate company will usually communicate from its corporate domain, not from free email services like Gmail or Outlook. Be wary of such generic domains.
• Poorly Written Content: Phishing emails often lack the professional touch. Look for unclear meanings, grammatical mistakes, and awkward phrasings that indicate a hastily composed or non-professional email.
• Unfamiliar Greeting or Salutation: If the email doesn’t match the usual style of someone you know, or if the language seems off, be on alert.
• Misspelt Domain Name: Phishers sometimes use domain names that resemble genuine businesses but have minor typos, like “@gnnail” instead of “@gmail,” and other similar mistakes.
• Lack of Contact Details: An official email should always provide authentic contact details. The absence of a real name, business details, or contact information is a red flag.
• Too Good to Be True: Beware of emails promising windfalls, such as winning lotteries or massive discounts. These tempting offers are often baits to lure victims.
• Panic-Inducing Messages: An email threatening severe repercussions or outlining a sudden crisis should be approached with skepticism, especially if it’s unexpected.
• Urgent Calls to Action: Emails that push for immediate action, whether it’s to claim a prize or avoid a penalty, are often designed to rush recipients into making hasty decisions.
• Inconsistencies in Details: Always cross-check email addresses, links, and domain names. If these details appear mismatched or suspicious, it might be a phishing attempt.
• Suspicious Attachments or Links: Never click on or open attachments or links from unknown senders. These could be malware traps or lead to deceptive websites that are aimed at harvesting your data.

Remember to always be cautious of emails requesting personal details, login credentials, or payment information. Reputable and legitimate businesses rarely ask for this kind of information via email. Staying vigilant and well-informed helps you effectively guard against phishing attempts.

Protecting Yourself from Phishing Attempts

Phishing attacks, where cybercriminals impersonate trustworthy entities to steal sensitive data, are becoming increasingly sophisticated.

To help shield yourself from the dangerous grip that phishing attacks can have on your workplace, it’s essential to adopt certain precautionary measures.

Here are some tips to consider to help keep your employees and company safe:

• Be Properly Educated: Stay informed about the latest phishing techniques. Cybercriminals are always developing new tactics, and being aware can give you the upper hand.
• Don’t Share Sensitive Information Hastily: Even if an email seems legitimate, never give out personal details, banking specifics, passwords, or sensitive work-related information without verifying the source.
• Request Verification: If an email seems suspicious, seek confirmation. When in doubt, reach out to the entity directly using known contact methods, not the contact details provided in the suspicious email.
• Look for Mistakes: Phishing emails might have grammatical errors, strange wording, or inconsistent branding. These are often giveaways.
• Check the “From” Email Address: Always scrutinize the sender’s email address for oddities, such as extra characters or slight misspellings.
• Hover Over Links: Before clicking links in an email, hover your mouse over them to see the actual web address. If the link address looks weird or doesn’t match the purported sender’s website, don’t click.
• Update Regularly: Ensure your computer, smartphone, and other devices are up to date with the latest security patches. Software updates often contain fixes for known vulnerabilities that phishers and other cybercriminals exploit.
• Enable Two-Factor Authentication: Where possible, enable two-factor authentication for your accounts. This provides an additional layer of security, making it more difficult for attackers to gain access even if they have your password.
• Utilize Built-In Firewalls: Desktop firewalls and network firewalls are both essential and can block dangerous viruses, worms, and other threats.
• Use Anti-Phishing Software: Consider investing in anti-phishing software for your devices. Such tools offer an added layer of defense against deceptive websites and emails.
• Trust Your Instinct: If something seems off or too good to be true, it probably is. Remember that it’s always better to be cautious than in a bad position.
• Backup Regularly: Regularly backup your data so that you can rapidly restore your systems to a safe state even if something goes awry.
• Report Suspected Phishing Attempts: Always report suspicious emails or websites to the appropriate entities, such as the FTC. This not only helps protect you but can also prevent others from being scammed.

Remember, the key is employing an efficient combination of vigilance and proactivity to keep yourself safe. The more layers of protection you have, and the more educated you are about the threats that are out there, the harder it becomes for phishers to trick you.

Email Phishing FAQs

What could happen if I respond to a phishing email?

If you engage with a phishing email, there’s a risk of unintentionally handing over personal details or other confidential information to cybercriminals.

How do I report a phishing scam?

Suspect a phishing email? Refrain from clicking links or attachments and avoid entering personal data. Forward the email to your service provider’s designated address for reporting scams and ensure your office’s IT department is made aware.

Should I ignore a phishing email?

You should not interact with a suspicious emails. Every phishing email is a fraudulent attempt, and it’s best to avoid interaction with the sender. You should follow your company policies for reporting suspicious emails and may want to consider reporting the email and sender to the FTC to help keep others safe.

If I get a phishing email, should I report it to the company?

Yes, if you’re targeted with a phishing email that appears to come from a recognizable company, it’s crucial to notify them. These malicious emails are designed to deceive you into sharing sensitive details like passwords or credit card numbers, so the company must be made aware.

What happens when you report phishing?

Upon reporting, the phishing email undergoes scrutiny by cybersecurity experts. They trace its origin, investigate its transmission method, examine suspicious links or attachments, and implement measures to shield users and curb the spread of the phishing tactic.

What do I do if I think I’ve been successfully phished?

If you suspect you’ve fallen victim to a phishing scam:

• Promptly change passwords for potentially compromised accounts.
• Reach out to the entity the scammer was impersonating and inform them about the incident.
• Heighten awareness throughout your company by sharing your real-world experience, helping to ensure that others are alert and can protect themselves from similar kinds of threats.

Now more than ever, protecting your personal information from getting into the wrong hands is crucial. For parents, this responsibility extends to their children, especially when it comes to financial matters such as taxes.

Research shows that child identity fraud costs U.S. families nearly $1 billion annually and affects one out of every 50 children. One effective way to help protect your child’s financial security is by obtaining an Identity Protection Personal Identification Number (IP PIN) for them.

In this guide, we explore what an IP PIN is, why it’s important for your child to have one, and how parents can navigate the process of obtaining and managing their child’s IP PIN.

What is an IP PIN?

An IP PIN is a six-digit number assigned by the Internal Revenue Service (IRS) to help prevent identity theft and tax fraud. It acts as an extra layer of security, like a password, that must be entered alongside your Social Security number (SSN) when you electronically file your tax return.

While typically associated with adults, children can also benefit from having their own IP PIN.

Why is an IP PIN Important for Children?

The main benefit of getting an IP PIN for your child is that it helps prevent tax-related identity theft. Without an IP PIN, a child’s SSN could be used to file a fraudulent tax return, stealing potential returns and leaving them with tax debts.

How to Obtain an IP PIN for Your Dependent

Acquiring an IP PIN for your child is a fairly straightforward process. Here’s what you need to do:

Online Method

IRS “Get an IP PIN” Tool:

• Navigate through the steps involved in using the online tool.
• Provide the necessary information for identity verification.
• Implement security precautions to ensure a safe online experience.

Alternatives to the Online Method

If you can’t use the online tool, you have the option to mail in Form 15227, Application for an Identity Protection Personal Identification Number.

According to the IRS, to use the mail method you must have the following:

• A valid SSN or Individual Taxpayer Identification Number (ITIN) for your child.
• Adjusted gross income requirements
• Telephone access

Once you submit the form and the IRS receives it, they will call to verify your child’s identity. Once verified they will mail you the IP PIN via the U.S. Postal Service, typically within four to six weeks.

Alternatively, you can schedule an in-person appointment at your local Taxpayer Assistance Center. Be prepared to bring the necessary documentation to verify your child’s identity. According to the IRS, you need one current government-issued picture identification document and another identification document.

What to Do After Receiving Your Child’s IP PIN

After obtaining your child’s IP PIN, follow these steps:

• Securely store the IP PIN to help prevent unauthorized access.
• Share the IP PIN only with trusted individuals when necessary.
• Understand how to incorporate the IP PIN into the tax filing process.
• Ensure that the correct IP PIN is used each year.
• Be proactive in updating relevant information if circumstances change.

Keep in mind that the IRS will never ask for your IP PIN through phone calls, emails, or texts. If this happens to you, it can be a scam aimed at stealing your personal information.

FAQs

What is an IP PIN?

An IP PIN is a 6-digit number assigned by the IRS to help prevent identity theft and tax fraud.

Why is an IP PIN important for children?

It helps prevent tax-related identity theft, which can steal their refund if they have one or leave them with tax debts.

Do all children need an IP PIN?

Not necessarily. If your child doesn’t have income or isn’t claimed as a dependent on someone else’s return, they may not need one.

How can I get an IP PIN for my child?

You can use the IRS online “Get an IP PIN” tool, mail Form 15227, or schedule an in-person appointment at your local Taxpayer Assistance Center.

What do I need to do to apply online?

You’ll need your child’s Social Security number and information for identity verification. If you are applying online be sure to take security precautions, such as avoiding public Wi-Fi.

What should I do after receiving my child’s IP PIN?

Securely store it in a safe place and only share it with trusted individuals when necessary.

How do I use the IP PIN when filing taxes?

You’ll need to enter the IP PIN along with your child’s Social Security number when e-filing their tax return.

Do I need to renew the IP PIN?

Yes, IP PINs expire annually. You’ll need to reapply each year before the filing deadline.

What should I do if my child’s information changes?

Be sure to update the IRS with any changes, such as a name or address change, to ensure their IP PIN remains valid.

Where can I learn more about IP PINs?

Visit the IRS website: https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin

Who should I contact if I have questions?

You can call the IRS at 1-800-908-4490.

Can my child use the same IP PIN every year?

No, the IRS issues a new IP PIN each year for added security. Make sure to use the latest IP PIN provided during the tax filing season.

Bottom Line

Securing an IP PIN for your child is just one step in building a comprehensive cyber-defense for your family. Sign up for family identity theft protection for comprehensive protection against identity thieves this tax season. IdentityIQ family identity theft protection services send you real-time alerts if someone attempts to use your or your children’s personal information.

When you are a victim of a resolved case of tax-related identity theft, the IRS will issue you an Identity Protection PIN (IP PIN) to help protect you from future fraud. Clearing up tax-related identity theft can take time and effort and seriously delay any tax refund you may be owed, so it’s important to utilize your IP PIN and keep it safe from criminals.

If you use (or plan to use) an IP PIN on your tax returns, you may be asking yourself: do I get a new IP PIN every year? Here’s what you need to know.

What is an IP PIN?

A tax IP PIN is a unique six-digit number that helps prevent criminals from filing a tax return fraudulently using your Social Security number (SSN) or your Individual Taxpayer Identification Number (ITIN). The IRS sends IP PINs directly to taxpayers, who must provide them on their electronic or paper tax returns to verify their identity.

The IRS assigns IP PINs to taxpayers with confirmed cases of tax-related identity theft that have been resolved. But anyone with an SSN or ITIN who wants to voluntarily sign up for an IP PIN can do so, whether or not they have experienced identity theft in the past.

Do I Get a New IP PIN Every Year?

The IRS will create a new IP PIN to send you every calendar year before tax season starts, between mid-December and early January, via a CP01A notice in the mail. If you chose to get an IP PIN online you can access it in early January, and you will not receive one in the mail.

How Can I Help Protect My IP PIN?

It’s important to keep your IP PIN safe to prevent tax-related identity theft. Here are some tips for helping protect your IP PIN:

Keep it Confidential

Don’t share your IP PIN with anyone other than your tax preparer and the IRS on your electronic or paper tax return. Never provide your IP PIN to anyone via email, text message, or over the phone.

Secure Physical Documents

Store your tax documents, including your IP PIN, in a secure location like a safe, lockbox, or filing cabinet. Only share documents with trusted individuals, such as your tax preparer. If you receive a CP01A notice and mail your tax return, your IP PIN will be traveling by mail; consider using a locked mailbox and taking your tax return directly to the post office.

In most cases, you will only need to keep your tax returns and records for three years (or seven years if you file a claim for a loss from worthless securities or bad debt deduction). Once you no longer need old tax documents, make sure to shred them before you dispose of them.

Be Cautious of Phishing Attempts

Never respond to emails, phone calls, or messages claiming to be from the IRS and asking for your IP PIN. The IRS does not initiate contact through these channels to request IP PINs – these communications are most likely scams. Want to get in touch with the IRS or verify the legitimacy of a communication? Contact the IRS by navigating directly to its website and finding the best option to reach out.

Don’t click links or download attachments from unverified emails or text messages, even if they claim to be from a legitimate source. Make sure that a link or file is secure before you click it or download it.

Be Safe Online

Take steps to stay safe online. Make sure to use unique passwords across every online account you have (a password manager can help you automatically create strong passwords and keep them secure). Sign up for multi-factor authentication (MFA) for any account that offers it to add an extra layer of security at the point of login.

Make sure to install updates and patches to your devices, operating systems, programs, and apps to ensure you’re using software with the latest security enhancements. When you’re out in public, only connect to secure, password-protected Wi-Fi networks. If you can’t trust a Wi-Fi connection, just use your mobile data until you get to a secure network.

Regularly Monitor Your Financial Accounts

Fraud can continue for a long time if you don’t catch it quickly. Make sure to monitor your bank account, credit card statements, and credit reports to look for possible suspicious activity. If you believe you are the victim of tax-related identity theft, report it to the IRS immediately.  IdentityIQ identity protection services can help ensure your accounts and personal information are safe from criminals. We continuously monitor your credit reports, financial accounts, and more to look for fraud. You receive notifications for possible suspicious activity, so you can take action quickly.

Update Contact Information with the IRS

Make sure that the IRS has your most up-to-date contact information so they can reach you. Notify the IRS of any changes to your name, address, and contact information promptly. This helps ensure that mail and correspondence from the IRS isn’t sent to the wrong address, causing it to fall into the wrong hands. The IRS provides instructions for how to update your information on its website.

Report Lost or Stolen IP PIN

Can’t find your IP PIN? You can use the online Get an IP PIN tool to access it. You will need to register and validate your identity with IRS.gov if you don’t already have an online account with the IRS.  If you already have an account, you can log in to retrieve your IP PIN (you may need to verify your identity again).

If you can’t get your IP PIN online, you can try calling the IRS at 800-908-4490 to receive assistance and have your IP PIN reissued to you. A representative will need to verify your identity and mail your IP PIN to your address within three weeks.

If you think that your IP PIN has been compromised or that you are a victim of tax-related identity theft, contact the IRS to report your issue and request assistance. If the IRS issued you an IP PIN that was lost or stolen and you didn’t get a new one in the mail, you’ll need to get a new one before you can file your tax return.

Bottom Line

IP PINs are valuable verification tools that can help prevent fraudulent tax returns filed in your name. The IRS will assign you an IP PIN once they resolve a confirmed case of identity theft for you, but you can also proactively request an IP PIN to avoid future cases of fraud. If you’re wondering “do I get a new IP pin every year?”, rest assured that all taxpayers enrolled in the IP PIN program will receive a new IP PIN annually.

Protecting your IP PIN from criminals is important. Make sure to keep your IP PIN and tax documents private. Look out for phishing attempts and take proactive measures to keep yourself safe online. Check your financial accounts and credit reports regularly. Keep your information updated with the IRS, and report lost or stolen IP PINs immediately.

IdentityIQ identity theft protection services monitor your credit reports, SSN, financial accounts, and more to look out for possible suspicious activity and alert you whenever something happens. If you become a victim of identity theft, we can help you restore your identity through identity restoration services and identity theft insurance, underwritten by AIG With these tools, you receive peace of mind through tax season and beyond.

As the New Year continues to roll out, many of us have financial New Year’s resolutions that aim to seek the next level of financial strength. There’s a transformative tool that can help meet these goals that many are unaware of – utility payment reporting. Beyond traditional credit reporting, this method offers another avenue to improve your credit health without much additional effort.

Here, we explore the intricacies of utility payment reporting and discover how it can help you meet your financial goals. This guide answers common questions and unpacks how utility payment reporting can help you meet your New Year financial goals.

What is Utility Payment Reporting?

Utility payment reporting allows you to have utility bill payments included in your credit reports, offering more evidence of your financial responsibility. Traditional credit reporting primarily considers factors like credit card payments and loans, leaving out your consistent monthly payments for essential services like electricity, water, and gas. However, integrating utility payments into credit reports sheds light on your reliability in paying for everyday necessities on top of traditional credit obligations.

3 Ways Utility Payment Reporting Can Help You Meet Your New Year Financial Goals

Potential Credit Score Improvement

With utility payment reporting, paying your utility bills on time can play a crucial role in elevating your creditworthiness. Lenders and credit bureaus look to your payment history as an indicator of your financial responsibility, making it a significant factor in your credit score.

Including utility payments in your credit report offers a more comprehensive representation of your spending habits, allowing your timely utility payments to show off your financial discipline to credit bureaus and lenders, which can be factored into your credit score. It showcases your ability to manage credit and your commitment to meeting essential, non-credit obligations.

Establish Credit History

Utility payment reporting is an excellent tool for those with little to no credit history. Unlike other methods, such as credit-building loans, utility payment reporting adds to your credit history without causing you to take on extra payments. This helps you establish your credit history without putting additional financial pressure on yourself.

The inclusivity of utility payment reporting in credit assessments helps you reap the benefits of the payments you have already been consistently making. This is particularly beneficial for those looking to establish a credit history, such as young adults, newcomers to the credit system, or those who prefer using cash over credit cards.

Utility payment reporting can help you build a more comprehensive credit history. This opens doors to a broader range of financial opportunities as lenders gain insights into your responsible financial behavior beyond conventional credit criteria.

Show Financial Responsibility

Demonstrating financial responsibility is another critical aspect of managing your credit and overall financial health. Regular, on-time utility payments serve as a tangible indicator of your commitment to meeting financial obligations. Lenders view this as a positive sign of your financial responsibility, which helps determine your credit score.

Your ability to consistently pay utility bills on time showcases a level of financial discipline that extends beyond credit cards and loans. It demonstrates to lenders that you manage your finances responsibly across various aspects of daily life, signaling your ability to handle credit responsibly. This makes you more worthy of favorable loan terms or interest rates in the eyes of lenders.

Utility Payment Reporting FAQs

How can I report my utility bill payments?

Reporting your utility bill payments is a straightforward process that can positively impact your credit report. IdentityIQ services offer a convenient platform to add your timely utility payments to your credit reports.

To get started, you can sign up for IdentityIQ services and navigate to the designated section for utility payment reporting. Follow the provided instructions to link your utility accounts and begin reporting. This seamless integration showcases your consistent payment history for essential services, contributing to a more comprehensive credit assessment.

What happens if I make a late payment while I’m signed up for utility payment reporting?

The effect late utility payments have on your credit profile depends on your payment reporting platform. IdentityIQ only reports on-time utility bill payments. This means that if you make a late payment, IdentityIQ does not report it to the credit bureaus, leaving your credit score completely unaffected.

However, if you use a different payment reporting platform that does report late payments, it’s crucial to address the issue as soon as possible. Late payments, if reported, may adversely affect your credit score. Lenders typically view late payments as a sign of financial instability, potentially affecting your ability to secure favorable loan terms or interest rates.

Bottom Line

Utility payment reporting can be a potent strategy to enhance your credit health and financial well-being. You can showcase a more comprehensive financial profile by integrating utility payments into your credit reports. From elevating credit scores through timely payments to establishing credit history for those with limited credit backgrounds, utility payment reporting opens doors to a broader range of financial opportunities.

Reporting your timely utility payments with IdentityIQ is a straightforward process, contributing to a more comprehensive credit assessment without adding unnecessary effort or stress to your daily life. IdentityIQ only reports your on-time utility payments to credit bureaus to help improve your credit scores.

If you plan to cancel your IdentityIQ membership, we understand that life is unpredictable. Sometimes situations change and priorities shift. If you decide to cancel now, you can always log back in at any point and reinstate your IdentityIQ membership in the future.

But with identity theft and other online scams rapidly becoming more prevalent, it’s essential not to leave your credit and identity vulnerable, even if you are determined to cancel IdentityIQ. MyScoreIQ® is a valuable alternative that is likely to suit your needs as you move on from your IdentityIQ membership.

What is MyScoreIQ?

MyScoreIQ is widely recognized as a leader in the credit monitoring and identity theft protection service industry. MyScoreIQ members enjoy full access to their FICO® Scores and credit reports and many of the same identity theft protection benefits that IdentityIQ offers, such as dark web monitoring, stolen funds reimbursement of up to $1 million underwritten by AIG, and daily credit monitoring and alerts from the three major credit bureaus – TransUnion, Experian, and Equifax. MyScoreIQ is a valuable service for consumers who want to protect their credit and identity while also taking steps to build up their financial strength.

How Does MyScoreIQ Compare to IdentityIQ?

Both IdentityIQ and MyScoreIQ aim to help protect your identity and monitor your credit. MyScoreIQ operates with the FICO® Score models. The FICO® Score is the gold standard in credit scoring, widely used by lenders for the best insight into a borrower’s creditworthiness.

Both services share features such as credit reports and scores, identity theft insurance underwritten by AIG, dark web monitoring, and more. However, MyScoreIQ puts a strong emphasis on credit score protection and enhancement. With MyScoreIQ services, you get valuable insights into your FICO® Scores with unique tools such as the FICO® Score Simulator, FICO® Score Ingredients panel, and the FICO® Score Tracker Panel.

Industry Scores

Industry-specific credit scores play a crucial role in various lending decisions. These specialized scores provide lenders with a more tailored assessment of an individual’s creditworthiness for specific financial products. MyScoreIQ goes beyond the standard credit monitoring services by providing access to a range of industry-specific FICO® Scores that lenders commonly use to evaluate credit applications. Here are some of the key industry scores included in MyScoreIQ plans:

• FICO® Score 2:
  • A classic score version used primarily in mortgage lending.
  • Some lenders may utilize this version for other credit product evaluations, such as credit cards, personal loans, retail credit, and student loans.

• FICO® Auto Score 2 & FICO® Auto Score 8:
  • Customized for auto lending.
  • Widely employed by banks, auto dealers, and other lenders when assessing credit reports based on Experian® data.

• FICO® Bankcard Score 2, FICO® Score 3 & FICO® Bankcard Score 8:
  • FICO® Score 3 is a base version for credit card lending.
  • FICO® Bankcard Score 2 and FICO® Bankcard Score 8 are customized versions specifically designed for bankcards.

• FICO® Score 8:
  • The most widely used version of the FICO® Score by major credit bureaus.
  • Utilizes data from all three major credit reporting agencies: TransUnion®, Experian®, and Equifax®.

Having access to these industry scores empowers you with a more nuanced understanding of how specific lenders may evaluate your creditworthiness.

Why FICO® Scores?

The FICO® Score model measures how likely a borrower is to pay back debts on time by evaluating their financial history. These scores have been the industry standard for more than 25 years, providing lenders with a reliable measure of credit risk. Many lenders use FICO® Scores to quickly make more fair and accurate decisions.

With many lenders using FICO® Scores for faster and fairer decisions, MyScoreIQ recognizes the need to help borrowers strengthen their credit and protect it from scammers and identity thieves. A good FICO® Score can help open up many different financial opportunities, such as lower interest rates or better loan terms.

How Can I Sign Up For MyScoreIQ?

Interested in making the switch? Creating your MyScoreIQ account is quick and easy; simply visit the MyScoreIQ website’s home page to explore the variety of plans. Once you have decided which plan best suits your needs, follow the prompts to get started and unlock your FICO® Scores.

MyScoreIQ offers four main membership plans to offer a variety of options and meet different needs. Each plan includes credit and identity theft monitoring and is designed to provide varying levels of protection and benefits, ensuring you find the right fit for your unique requirements. Here is a brief overview of each plan:

• Max: The most comprehensive plan, MyScoreIQ Max offers a complete collection of tools and features to deliver the best protection for members’ credit health and personal information. Max plan members get access to their credit reports and FICO® Scores from each of the three major credit, which are updated every 30 days. Members also have full access to the FICO® Score Simulator tool, which offers risk-free evaluations of how certain decisions can affect your credit score, such as taking out a loan or opening a new credit account. These features also include dark web and internet monitoring, SSN alerts, stolen funds reimbursement of up to $1 million, and more.
• Pro: As a MyScoreIQ Pro member, you receive updated three-bureau credit reports and FICO® Scores every three months in addition to alerts on possible suspicious activity related to your personal information, such as crimes committed in your name or changes or use of your Social Security number.
• Plus: MyScoreIQ Plus members receive updated three-bureau credit reports and FICO® Scores annually. Key benefits of the Plus plan also include alerts for possible suspicious activity, including alerts when changes are made to your listed address and application monitoring to keep your accounts secure. This plan is cost-effective with a balanced feature set.
• Secure: The MyScoreIQ Secure plan offers essential credit and identity theft protection features at a budget-friendly price. Members have access to their credit reports and FICO® scores from one of the three major credit bureaus, updated annually. The Secure plan delivers critical security features such as dark web, internet, and SSN monitoring, as well as synthetic identity theft protection, stolen funds reimbursement of up to $1 million underwritten by AIG, and more.

Bottom Line

If you’ve decided to cancel IdentityIQ, choosing an alternative that continues to prioritize your credit and identity protection is essential. MyScoreIQ is a leading alternative, renowned for its suite of security features and the value of full access to FICO® Scores and credit reports. Your financial well-being is paramount, and in the ever-evolving landscape of identity theft and credit scams, MyScoreIQ ensures you stay safeguarded while you continue to strengthen your finances.

In our digitally connected world, the security of your personal information and credit has never been more critical. With the ever-growing threat of identity theft, IdentityIQ is a reliable solution with a complete suite of identity theft protection and credit monitoring services. As a part of these services, IdentityIQ delivers comprehensive support through its customer care team.

Here’s how to contact IdentityIQ customer service team, what to expect from them, and a list of some of the ways our expert team maximizes your IdentityIQ experience.

How to Contact IdentityIQ Customer Service

The most direct and immediate way to contact IdentityIQ customer care is by calling toll-free at 877-875-4347.

Here are the IdentityIQ customer service team’s hours of operation:

Monday – Friday        7:00 am – 7:00 pm (CST)

Saturday                      8:30 am – 5:00 pm (CST)

Sunday                        Closed

Why You Might Need to Contact IdentityIQ Customer Service

1. Account Issues

Customer care team members can quickly resolve problems you might have accessing your IdentityIQ account, such as login issues or account lockouts.

2. Billing and Payment Inquiries

If you have questions about your membership plan, billing, or payment methods, the IdentityIQ customer service team can provide clarification and assistance.

3. Identity Theft Concerns

If you suspect you have fallen victim to identity theft or fraudulent activities related to your personal information or credit, contact customer service immediately. Our U.S.-based fraud restoration experts can help guide you through the necessary steps to protect your identity and credit and help you access the identity theft insurance, underwritten by AIG, and restoration services included in your IdentityIQ plan.

4. Service and Feature Inquiries

The customer care team can answer questions about the services offered by IdentityIQ as well as help you understand specific features or navigate the platform.

5. Membership Management

Should you wish to upgrade, downgrade, or cancel your IdentityIQ membership, customer service representatives can assist you in making the necessary changes to your membership.

6. Credit Monitoring Alerts

If you receive an IdentityIQ alert regarding unusual activity on your credit report, you may need to contact customer service to understand the situation and take appropriate action.

7. Technical Problems

If you experience technical difficulties with your IdentityIQ account, the customer care team can help troubleshoot and resolve these issues.

8. Feedback

IdentityIQ is committed to constantly enhancing your user experience, and your feedback is vital to that advancement. If you have any questions or suggestions about your experience, the customer service team appreciates your valuable feedback and insights.

9. General Support

For any other general inquiries related to your IdentityIQ membership, the customer service team is here to assist you promptly and professionally.

What to Expect from IdentityIQ Customer Service

Our 100% U.S.-based customer care team is committed to addressing your questions promptly. If you’re unable to get in touch right away, don’t worry. You can expect to hear back within 24 to 48 hours.

Bottom Line

The IdentityIQ customer service team is here to help. They are well-equipped to address a wide range of questions, from account issues to identity theft worries. When you need assistance, expert U.S.-based support is just a phone call away.

Are you planning to cancel your IdentityIQ membership? Life is unpredictable, and sometimes priorities change. If you plan to cancel your IdentityIQ membership, we respect your decision. However, we strongly recommend that you do not leave yourself unprotected from identity theft. Safeguarding your identity is more critical than ever with one in four Americans falling victim to identity theft, according to the AARP.

This article reviews the advantages of IdentityIQ and presents some alternatives to canceling to help you make an informed decision. We also guide you through how to cancel IdentityIQ services.

What Is IdentityIQ?

IdentityIQ is the flagship brand of IDIQ^®, one of the fastest-growing industry leaders in credit monitoring and identity theft protection. IDIQ has been offering IdentityIQ services since 2009. Headquartered in Southern California, IDIQ has become one of the fastest-growing companies in the United States, earning four consecutive spots on the prestigious Inc. 5000 List. They are known for providing industry-leading identity theft protection and credit report monitoring.

Is IdentityIQ a Scam?

Is IdentityIQ a scam? The answer is simply no. BestCompany.com has rated IdentityIQ as the best identity theft protection in the industry. Money.com has rated our credit monitoring services as the best in the industry. Throughout the history of IdentityIQ, we have earned the trust of these reputable organizations and more than 3 million members.

Benefits of IdentityIQ

Let’s take a closer look at how IdentityIQ protects its members:

Dark Web and Internet Monitoring

IdentityIQ surveils the dark web and the internet to help ensure your private information doesn’t fall into the wrong hands. If we detect any of your data in unauthorized places, we alert you in real-time and give you a quick action plan to help protect yourself.

SSN Monitoring

IdentityIQ 24/7 Social Security number monitoring helps provide constant protection and helps detect risks to your identity. Unlike other monitoring services that only contact you when your SSN is used with a wrong address or name, IdentityIQ helps ensures you are never left in the dark by alerting you when your SSN is used.

Family Protection

You have the option to extend your member benefits to your immediate family. The IdentityIQ family plan covers expenses such as legal fees, lost wages, and other costs associated with identity theft. This protection allows you to focus on what truly matters – your family’s well-being.

Utility Payment Reporting

IdentityIQ goes the extra mile by reporting your utility payments to major credit bureaus. This means your on-time payments for utilities like electricity, water, or gas can work in your favor, helping improve your credit history.

Rent Payment Reporting

Similar to the utility reporting feature, IdentityIQ rent payment reporting can turn your on-time rent payments into a credit tradeline. We can also report up to 24 months of your past rent payments. This can help raise your credit scores, providing tangible financial benefits.

Identity Theft Insurance and Restoration

IdentityIQ offers peace of mind with a safety net of up to $1 million in identity theft insurance and restoration services, underwritten by AIG. In the case of identity theft, an IdentityIQ dedicated case manager based in the United States can guide you through a personalized action plan to help restore your identity and mitigate damages.

VPN and Antivirus

IdentityIQ gives you access to Bitdefender® Total Security VPN and antivirus software to enhance your online security. You can confidently browse the web with robust protection against online threats without compromising your device’s performance.

IdentityIQ Plans

We understand there are times when circumstances change, and financial priorities need to be reevaluated. However, in the modern world, protecting your identity and finances is no longer a luxury; it is a necessity. If you feel that you need to cancel your IdentityIQ membership, it’s important to note that you can explore different plans and consider downgrading instead of canceling altogether. This can help cut costs while still ensuring you get the indispensable identity theft protection benefits.

IdentityIQ offers several plans, each with its own set of features to meet your individual needs. Here’s an overview of the key benefits of these plans:

• Secure: The most basic plan offers a budget-friendly bundle of the essentials. Priced at only $6.99 per month, Secure Plan members enjoy daily credit report monitoring drawn from one major credit bureaus, identity theft insurance of up to $1 million in stolen funds reimbursement (underwritten by AIG), and around-the-clock surveillance for a leak in your personal information on the internet or dark web.
• Secure Plus: This plan offers all the same benefits as the Secure Plan with the addition of access to credit reports and scores from all three major credit bureaus. For Secure Plan members, these reports update annually, giving you insight into your credit health. It’s a balanced choice with a comprehensive feature set.
• Secure Pro:Secure Pro includes the same features as the previous plan with additional key benefits to help better protect your identity and financial wellness. Secure Pro members’ credit reports and scores are updated every six months. In addition to this, members enjoy enhanced credit monitoring across all three major credit bureaus and real-time alerts when you have significant changes to your credit scores or when a crime is committed in your name. This plan provides robust protection.
• Secure Max:The most comprehensive IdentityIQ plan brings a comprehensive suite of protection features to its members. All the features of other IdentityIQ plans are included, along with other enhanced benefits such as monthly updates on your three-bureau credit reports and protection benefits for your family, including up to $25,000 of identity theft insurance, underwritten by AIG.

If you’re currently considering canceling, explore these options to see if a more basic plan would better suit your needs. Additionally, consider cutting costs by 15% by switching from a monthly plan to an annual plan. For more information on the additional benefits of each plan, visit IdentityIQ.com. 

Still Want to Cancel IdentityIQ?

Regardless of whether you cancel your IdentityIQ membership, keeping your identity and finances protected is essential. Going unprotected for even one day leaves you vulnerable to identity thieves and scammers.

Bottom Line

IdentityIQ offers a comprehensive set of tools to help you fortify your identity, which is essential in today’s digital age. If you’re considering canceling your membership, be sure to weigh the value of these benefits against your reasons for canceling.

How to cancel IdentityIQ services

If you’ve explored your plan options and still want to cancel your IdentityIQ membership, call our U.S.-based customer care team at 877-875-4347. Please be prepared to verify your identity during the call. An IdentityIQ customer care agent is available to assist you Monday to Friday 7:00 a.m. to 7:00 p.m. (CT) and Saturday 8:30 a.m. to 5:00 p.m. (CT).

If you’re considering donating to help the victims of the Israel-Hamas war, it’s important to be vigilant and aware of potential charity scams that could divert your hard-earned money to scammers.

Criminals often fly under the radar to impersonate real charities, especially during times of conflict and war, social unrest, global health crises, or natural disaster. While you should continue to support charitable causes, it’s important to do so safely. Here are tips to help you avoid charity scams.

3 Tips to Help Avoid Charity Scams

1. Avoid Inbound Solicitations

There are many ways criminals can pass as legitimate charities. They may create a fictional organization from scratch or use a name similar to a real charity to lure in unsuspecting donors.

They may prompt you to take specific actions, such as clicking on links or downloading email attachments. They may also request personal information over the phone. These fraudulent actions could result in financial theft, identity theft, or even the installation of ransomware on your computer.

You can help avoid falling for these phishing scams by ignoring inbound requests, such as emails or phone calls, even if you believe it is coming from a legitimate organization. Don’t follow links, download attachments, or provide information through unsolicited phone calls. When you’re ready to donate, go directly to the charity’s website.

2. Research the Charity

Criminals may set up fake organizations as a response to current events, such as the Israel-Hamas war, to prey on sympathetic donors. By doing a few minutes of research online, you can verify if an organization is legitimate.

For donations to be tax-deductible, charities must register with the IRS as a 501(c)(3) organization. To make sure your donation is tax-deductible, you can check the IRS list of 501(c)(3) organizations.

For further research, you can check charity rating websites like Give.org, Charity Navigator or GiveWell. These sites provide information on thousands of legitimate charities, including data on how efficiently your donation is used to serve a cause.

You can also check your state’s local resources on charities. Look for complaints. If you see evidence of multiple complaints online or with your state, consider that a warning sign.

3. Make Donations Safely

Legitimate charities can accept donations through common payment types, including cash, check, credit card, PayPal and more. If the charity requires specific payment types like money order or gift cards you should consider this a red flag. If they want unusual payment types such as gift cards, that’s an even bigger warning sign.

Credit cards are one of the safer donation options. They have built-in legal protections as they provide a record trail of your donation. They also aren’t tied to your bank account. If you donate online, look for a padlock icon in your browser to indicate you’re on a secure website.

When you’re ready to donate, go directly to the charity’s website for donation instructions. Never provide personal information such as your Social Security number or bank account number when it isn’t needed to make a donation. Even your physical address can be used to run scams or commit identity theft, so be careful about where you share your information.

Charity Scam FAQs

What are the warning signs of charity scams?

• Unsolicited requests for donations, especially via email, phone, or social media.
• High-pressure tactics to get you to donate immediately.
• Vague or misleading information about the charity’s mission and how funds will be used.
• Requests for unusual payment methods, such as gift cards.
• Lack of a clear and verifiable online presence, such as an official website or social media profiles.
• Refusal to provide detailed information about the charity’s financials, tax-exempt status, or registration.

Are charity scams more common during specific events or disasters?

Yes, charity scams are often more common during specific events or disasters, like the Israel-Hamas war. Scammers often take advantage of people’s desire to help and the increased media coverage of such events.

What should I do if I suspect a charity scam?

• Do not donate. Refrain from making donations until you can confirm the charity’s legitimacy.
• Investigate the charity by searching online, looking for official websites, reviews, and information from trusted sources.
• Report the suspicious activity to your local authorities, the Federal Trade Commission (FTC), or relevant consumer protection agencies.
• Contact your financial institution. If you’ve donated and believe it’s a scam, contact your bank or credit card company to report the fraud and dispute the charges.
• File a complaint. Consider filing a complaint with organizations such as the Better Business Bureau.
• Educate others. Spread awareness about the suspected scam to help protect others from falling victim to it.

Bottom Line: Avoid Charity Scams

Amidst the Israel-Hamas war, it’s important to ensure your charitable contributions reach those in need and not the hands of scammers. Stay cautious, research charities, and make donations securely so you can help avoid charity scams and ensure your donations make a meaningful impact.

If your personal information becomes exposed due to a charity scam, try IdentityIQ identity theft protection services. IdentityIQ monitors your personal information across the internet and dark web and alerts you in real-time when suspicious activity is detected so you can stay in front of scammers.