View PDF | Print View | Html Version
by: MBBeam
Total views: 2
Word Count: 555

Citibank and Identity Theft, Possible Safety Measures

When a person steals another person's personal information, it is a crime, known as identity theft. By stealing information, such as social security numbers, addresses and dates of birth, thieves can do a number of things to a person's finances. For instance, they can get new credit cards. They can also apply for loans or drain a person's bank accounts, among other things.

Because of the escalation of identity theft, many financial institutions are taking increased security measures as well as providing various preventative services to their customers. One of these financial institutions is Citibank.

The measures taken by Citibank and identity theft precautions, which they have taken, are extremely important. Identity theft is a serious issue, which is plaguing customers. The procedures in place to protect people's personal information reflect Citibank's commitments to customer satisfaction, as well as customer security protection.

Citibank and Identity Theft Measures Offered

One of the many options available to customers at Citibank and identity theft protection measures in place is online banking. Online banking allows Citibank's customers to view their bank statements from anywhere they want, at any time.

The major benefit of this service provided by Citibank and identity theft measures that are provided is that the customer can opt out of receiving their bank statement via the U.S. mail. This minimizes the possibilities of personal banking information falling into the hands of those who take mail from individual mail boxes.

The credit card department at Citibank and identity theft protection goes hand in hand as well. Early fraud protection is a top priority of Citibank's credit card department. That means that, if a customer's account seems to show suspicious activity, Citibank will attempt to contact the customer immediately. By verifying whether or not the activity was authorized as quickly as possible, the damage from identity theft can be minimized.

Additional Citibank And Identity Theft Measures

There are many other options available to customers of Citibank and identity theft measures that are provided which prevent others from accessing their customer's accounts fraudulently. One of those measures is when a new credit card or reissuing of a credit card is conducted. The identity theft measure that Citibank has put into practice is that when such a card is issued the account is blocked. This action prevents any unauthorized use of the account until it has been properly activated by the owner. This activation process requires the cardholder to dial the number on the card from the home phone number that has been established for that account holder. Once the phone number has been identified as the authorized home number the card is activated for use.

Among the other Citibank and identity theft measures available is a specific e-mail address. The address is used to deal with any e-mails from Citibank that are potentially fraudulent. In other words, if a customer receives an e-mail that says it is from Citibank, they can e-mail the specific address set up by Citibank, in order to verify that the e-mail is real. That way, they can avoid the many e-mail scams circulated by computer identity thieves. So, as you can see, there are many options available for customers at Citibank and identity theft prevention measures in place.

About the Author

To read more about ID protection services, go to Review of Identity Theft Protection Services or Citibank and Identity Theft Get ID Protection Today

Add Comment