Careless Britons leaving themselves open to identity theft

Despite the growing threat of identity theft, Brits are still failing to take the necessary security precautions to protect their identity, according to research by MORE TH>N.

Nearly 30% of those surveyed admitted that they note down their password in order to remember it. A further one in five are increasing the risk of being a victim by using the same password for different cards and log-ins.

MORE TH>N's research which studied British attitudes towards the use of PIN and security, showed that 29% of people routinely use secure websites at work, leaving them exposed should they fail to log out or are not vigilant as to who is looking over their shoulder.

British people are all too aware of the dangers; two thirds of the population (70%) state that they feel at greater risk of identity theft than they were five years ago. It is therefore surprising to find that simple precautions are not being taken in regard to securing passwords and PIN numbers.

Many people also underestimate the time it takes to resolve a case of identity fraud: 34% of people in the UK think it takes just a week or less. However, MORE TH>N estimates it can take up to 300 hours (almost 2 weeks).

Victims of identity theft can receive assistance with the recovery of financial loss from their bank. However, people also need to reinstate and protect their identity for the future. This is often the hardest part and involves contacting multiple organisations such as credit reference agencies, banks, building societies and card providers, but is something that MORE TH>N Legal Services can help with.

Where extra authentication is required, MORE TH>N will also prepare a Proof of Identity and Facts document to the various parties. In addition, if the victim suspects further fraudulent activity may take place MORE TH>N can supervise the "freezing" of credit history, which will effectively disallow any further applications for credit being approved in their name.

Simon Logan, Head of MORE TH>N Law, comments: "There are lots of simple steps people can take to minimise the risk of falling victim to identity theft. If you do suffer at the hands of identity crooks our sophisticated online system asks all the relevant questions and generates all the documentation necessary to resolve the situation..

The process is fully supported by qualified lawyers who will advise on, and review the documentation online at no extra cost, thereby, providing an affordable alternative to high street solicitors and making the legal system more accessible to our customers. "

Top 5 tips to avoid becoming a victim:

1. When asked to reveal any personal identifying information, such as bank details, make sure you know how it will be used, if it will be shared and who you are giving the information to. Be wary of anyone that could be listening in or looking over your shoulder.

2. Try not to carry too many personal identification information and cards around with you, and you should never note down pins or passwords.

3. Keep an eye on your credit report with all three credit reference agencies, i.e. Experian, Equifax and CallCredit. If you do find an error, no matter how small, make sure you follow it up and get it changed.

4. Shred statements, bills and direct mail, don't just throw them in the bin.

5. Always check bank statements and credit card statements thoroughly.

For more information on MORE TH>N Legal Services go to wedomore.co.uk/legalservices