Which strategy can help recover from identity theft?

Prepare for the Certified Identity Theft Risk Management Specialist Exam. Leverage flashcards and multiple-choice questions, each with hints and insights. Ready yourself for success!

Filing reports with the Federal Trade Commission (FTC) is an essential strategy for recovering from identity theft. When an individual becomes a victim of identity theft, reporting the incident to the FTC helps establish an official record of the crime. This documentation is crucial for disputing fraudulent accounts and transactions with creditors and financial institutions. The FTC provides a comprehensive recovery plan that guides victims through steps like placing fraud alerts, obtaining credit reports, and filing reports with local law enforcement if necessary. This structured approach enhances the victim's ability to reclaim their identity and mitigate further damage.

In contrast, disregarding past bank statements does not aid recovery; instead, reviewing them can uncover unauthorized transactions that need to be reported. Changing personal email addresses can be a proactive measure for security but does not directly address the recovery process from existing identity theft. While using cash for transactions might limit exposure to further theft, it does not resolve the aftermath of identity theft already experienced.

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