We’re pleased to provide you with insights like these from Boston Private. Boston Private is now an SVB company. Together we’re well positioned to offer you the service, understanding, guidance and solutions to help you discover opportunities and build wealth – now and in the future.
Identity theft can happen despite your precautions. Prompt detection allows you to take defensive action quickly and minimize the damage.
Monitor transaction activity
Review bank and credit card activity frequently — daily if possible. Remember that you can easily review your account activity with SVB Private’s Digital Banking service.
Watch your credit report
Individuals can request a free annual credit report using AnnualCreditReport.com. Consider ordering one every four months from a different Credit Bureau to keep tabs at different points during the year and use an online credit monitoring service as an extra precaution.
Reconcile
Reconcile all of your bank and credit card statements in a timely fashion. Report any purchases you did not make to the bank as soon as possible.
Bring in support
Call your Private Banker immediately if you find any discrepancies or suspicious transactions on your bank statement or if you receive suspicious phone calls and emails soliciting information on your accounts.
