Sunday, October 4, 2009

Identity Theft

For the past few years shopping online for everything from books for school to clothes has become a very profitable industry. When you shop online though you have to give out your credit card number and some other very personal information that can be used for identity theft. It is very easy for someone to create a "shopping" website, get credit card numbers, and never send the customer what they purchased. Because of these schemes you have to be very careful with what type of websites you give your information too.

When it comes to the finance world, the Internet is used a lot by private financial planning firms to balance spreadsheets, buy and sell stocks, and do tax returns. The well known celebrity financial planner Suze Orman has come out with a software program to help with protect yourself and your computer from identity theft. The software program is called Suze Orman's Identity Theft Kit and can be purchased on her personal website for $40.78. This program can help protect your computer from letting unknown sources access to credit reports, credit cards, checking accounts, social security numbers and medical records. My family has personally installed this program on our computer at home. I have to say that it has helped me become more comfortable with putting my information online. However, one down side is the program does make your computer work a little slower.

You have to decide is protection from identity theft worth $40 and a slower computer???

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