A 2017 study estimated that identity thieves stole $16 billion dollars in 2016. Once identity thieves have your personal information, they can drain your bank account, run up charges on your credit cards, open new utility accounts, or get medical treatment with your health insurance. Fortunately, there are simple steps you can take to safeguard your personal information and prevent identity theft.
Banking and Finance
Online shopping and easy access to credit cards can make living above your means an easy prospect. According to the Federal Reserve Bank of New York, American households carried credit card balances totaling $815 billion dollars in 2018.
DHS Science and Technology Directorate is working hard to secure critical infrastructure. Through S&T’s Next Generation Cyber Infrastructure (NGCI) Apex program, S&T is providing the financial services sector with the technologies and tools to confront advanced adversaries when they attack U.S. cyber systems and networks. DHS S&T's Cyber Security Division Program Manager Greg Wigton provides online banking tips to keep you safe online.