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The Bottom Line. Though the FDIC does protect deposit accounts against bank failures, it does not cover any losses related to identity theft.
Keep these tips in mind to protect yourself from identity theft: Secure your Social Security number (SSN). Dont share personal information (birthdate, Social Security number, or bank account number) because someone asks for it. Collect mail every day.
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Identity Guard Essentials is more than just basic protection for your identity. Well be monitoring not only your SSN, but also routinely scanning the internet to see if your personal information or financial account details are being shared illegally.
How to Prevent Identity Theft Freeze your credit. Collect mail daily. Review credit card and bank statements regularly. Shred documents containing personal information before disposing of them. Create different passwords for your accounts. Review credit reports annually. antivirus software.

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