Printed bank statement may have fallen into wrong hands. What to do?
February 25, 2014 11:45 AM Subscribe
My mother still gets her bank statements by paper mail. Her latest one failed to be delivered for 2 weeks now, and she verified the bank mailed it, so we assume it was delivered by the mail carrier to the wrong address, or dropped, or something. Nothing has happened yet, but it seems best to guard against the worst-case scenario, namely that someone else now has her home address, bank address, all account numbers (including retirement accounts), possibly other identifying information, and has the willingness to exploit it. What are the prudent steps we should take?
posted by StrawberryPie to Work & Money (9 answers total) 1 user marked this as a favorite
We have set up alerts with the bank to watch for large withdrawals and have switched her to get electronic statements instead of paper ones. Should we close the accounts and reopen new ones (ones that will, hopefully, be inaccessible to whoever has her current info?) Are there other things we can do?