You are to assume the role of a financial resource consultant. A young client is nervous about identity theft after opening a bank account and credit card and has asked for protection information.
The young client recently opened a bank account for the first time. The client has a checking account and a savings account with a national bank chain. The national bank chain also provided the client with a debit card. The client can access personal account information using the bank’s website and the bank’s mobile app.
The client also was approved for a credit card with a credit limit of $2,000.
The client is nervous about identity theft and has asked you how identity thieves obtain personal information to steal identities, actions the client can take to protect their personal information and steps to take to safely manage finances using mobile technology.