What is one of the best preventative measures against identity theft?

Study for the DECA Entrance Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Monitoring your credit and bank accounts continuously is one of the most effective preventative measures against identity theft. By regularly checking these accounts, individuals can quickly identify any unauthorized transactions or changes, allowing them to act swiftly to mitigate potential damages. This vigilance helps ensure that any fraudulent activity is noticed early and addressed before it can escalate.

In addition, monitoring your credit can alert you to new accounts that may have been opened in your name without your knowledge, thereby providing an opportunity to contest these actions promptly. The practice of regular checks reinforces a proactive approach to safeguarding personal information and financial health.

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