While effective, credit freezes and fraud alerts should only be the first out of several protective measures clients need to take when concerned over identity theft and fraud, says Cliff Steinhauer, director of information security and engagement at The National Cybersecurity Alliance, a nonprofit organization dedicated to cyber defense.
“[Credit freezes] don’t stop someone from using your existing accounts or from committing tax fraud or medical identity theft,” he added. “While credit freezes are a strong first line of defense, they should be part of a broader strategy that includes regular monitoring of your accounts and credit reports.”
Investing in premium identity protection services, like around-the-clock credit monitoring services that notify individuals of suspected activity, could provide an additional layer of security. These services also tend to offer identity restoration and insurance, so that individuals have the support to mitigate damage and recover quickly after a breach, adds Lupo.
“Premium identity protection offers robust security measures that can help safeguard your personal information in today’s increasingly digital world,” he states. “While there are free alternatives, premium services offer comprehensive protection that can be well worth the investment for peace of mind.”