How to stay protected after the Equifax hack
Did you know that someone’s identity is stolen every 2-3 seconds? Or that the average loss per identity theft is around $5,000? How about the fact that it takes an average of 600 hours to recover from identity theft? Fraud and identify theft are a growth industry. As evidenced by the recent Equifax hack exposing the sensitive data of more than 145.5 million Americans, the number of incidents, the cost of mitigation, and the sophistication of cybercriminals are all on the rise. At Azzad, we take measures to protect your identity, data, and assets from these types of threats. For instance, we encrypt client information using tools like Sharefile and Docusign when we send and receive paperwork from you. We also call you to confirm all trade and money movement instructions, and we verify your identity before we release information. Our custodial partners also have measures in place to protect you. In addition to verifying bank links with micro-deposits before using them, they also require two-factor authentication before giving access to your information. Now that you’ve seen what we do, here are three things you can do: Protect your money – If you get a call from someone claiming to