Which strategy can lower the risks of identity theft for consumers?

Minimizing data shared online is a highly effective strategy for lowering the risks of identity theft for consumers. The rationale behind this approach is straightforward: the less personal information one shares on the internet, the fewer opportunities there are for identity thieves to access sensitive data. This includes information such as full names, addresses, dates of birth, and financial details. By limiting the amount of personal information available online, consumers create barriers against potential threats.

Additionally, reducing data sharing helps to protect against phishing attacks and social engineering tactics, where thieves exploit oversharing to manipulate individuals into revealing further sensitive information. In today’s digital age, where much of our lives are conducted online, being mindful of what is shared and where can significantly diminish vulnerabilities and strengthen personal security against identity theft.