Identity Theft and Fraud

Question 1

What type of crime involves stealing your personal info by tricking you?

Accepted Answer

Social engineering

Question 2

What does placing a fraud alert do?

Accepted Answer

Warns lenders to verify identity before issuing credit

Question 3

If your identity is stolen, what should you do first?

Accepted Answer

Notify your bank or credit card company

Question 4

What is the most reported type of identity theft in the U.S.?

Accepted Answer

New account and credit card fraud

Question 5

What can happen during a data breach?

Accepted Answer

Hackers steal large amounts of personal data

Question 6

What law protects debit card users and electronic transfers?

Accepted Answer

EFTA

Question 7

Using multi-factor authentication (MFA) can help protect against identity theft.

Accepted Answer

True

Question 8

What does shredding sensitive documents help prevent?

Accepted Answer

Identity theft

Question 9

How much are you liable for if your credit card is stolen and used fraudulently (under FCBA)?

Accepted Answer

$50

Question 10

Which network is considered unsafe for financial transactions?

Accepted Answer

Public Wi-Fi

Question 11

Which of the following is a method used to steal card info from gas pumps?

Accepted Answer

Skimming

Question 12

Which is the safest card to use for online purchases?

Accepted Answer

Credit card

Question 13

What is a good way to monitor your financial activity?

Accepted Answer

Regularly check your credit report and bank statements

Question 14

What organization can help you create a recovery plan for identity theft?

Accepted Answer

FTC

Question 15

What is "phishing"?

Accepted Answer

Sending fake emails to steal personal info

Questions 15