Losing your wallet is always a nightmare to think about. However, your wallet may get stolen even if you take care to not lose it. Anyone on the streets might steal your wallet and you might become a victim of identity theft. However, once you know your wallet is stolen, you can cancel your cards and call your bank, without a delay. But, for doing so, you need to have the card and account numbers to inform the financial institutions as fast as possible. Go through this article to know how you can keep backups of your card numbers and phone numbers safe and secured.
- Keep a note of the documents you carry – First of all, keep a note of all the documents you carry in your wallet. Consider all your credit cards, ATM cards, driver’s license along with your other documents you need to carry every day. Make a list of these items so you know where you need to call in order to give the information in case your wallet is stolen.
- Make photocopies of your important cards – Nowadays, almost everyone carries a mobile phone with an inbuilt camera, with which you can snap photos of your important cards that you keep in your wallet. Make sure you take pictures of both front and back of your cards. Also check out that the photos are clear with the relevant information visible. You can also make photocopies of your cards and keep them in a secured place.
- Keep a record of all important information – You should record all the important information which you need to carry in your wallet. This includes your credit card information along with your driver’s license number, details of your insurance policies, etc. Keep a record of all the account numbers, card numbers and keep them in a safe place, so that you can report them to the police if your wallet is stolen.
- Give strong password to every file – Only keeping a record of your information will be of no good if you don’t password protect them. For example, if you keep a record of all your information in a file, then make sure you give a strong password to it. This will keep your files secured even if someone uses your computer or your mobile phone.
- Make a copy in your USB drive – It is advisable you keep a record in your USB drive too, as it won’t take much space. You can keep a copy of all the photos along with vital information and keep it in a safe vault so that you can get all the information if your wallet gets stolen. And, make sure you update your USB drive with all the new information. Also, let your spouse know where you are keeping the USB drive, so that he/she can provide you with all the information if you lose your wallet on a business trip.
- Encrypt your files in the USB drive – To be on the safer side, it is better to encrypt the data you store in your USB drive. If you do this, then even if anyone cracks the password, he/she will have to decrypt the data stored in the USB drive, in order to make them into use.
Above all, do not carry additional documents in your wallet. Carry only those items which you require regularly. For example, avoid having your social security number in your wallet. Even if you need to have your social security number with you, always add some numbers in front and in the end or write it in a pattern which only you will be able to understand. Doing so, anyone stealing your wallet will not be able to use it to his/her own financial benefit, and you will be saved from being a victim of identity theft.