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Client Letter | Protecting Your Financial Security: A Reminder About Identity Theft Monitoring and Credit Freezes | August 25, 2023

Dear Valued Clients,

We hope this message finds you well. In an age where digital connectivity is at its peak, ensuring the security of your personal information has never been more crucial. With recent breaches becoming all too common, we wanted to take a moment to emphasize the importance of actively monitoring your identity and credit, as well as considering the option of credit freezes.

As you may have heard, the MOVEit breach has affected numerous individuals and organizations, highlighting the vulnerability of our digital footprints. While we are grateful that this incident did not directly impact our systems, it serves as a reminder of the potential risks we all face in this interconnected world.

Identity Theft and Credit Monitoring:
We strongly recommend that each of our clients consider enrolling in an identity theft and credit monitoring service. These services keep a vigilant eye on your credit reports and financial activities, alerting you to any suspicious or unauthorized transactions. While such services were once a luxury, they have become a necessary defense against the ever-evolving threat of cybercrime.

There are reputable providers in the market, such as Identity Guard, LifeLock, Aura, and more. Some of you might be familiar with these names. The investment in such a service is relatively small compared to the potential consequences of identity theft, making it a sound financial decision.

Credit Freezes:
Another layer of protection worth considering is a credit freeze. By placing a freeze on your credit reports with the four major credit agencies – Equifax, Experian, TransUnion, and Innovis – you prevent unauthorized individuals from opening new lines of credit in your name. This additional step adds an extra level of security, ensuring that only you can grant access when needed.

In Conclusion:
Our goal is to support you in safeguarding your financial well-being. Identity theft and data breaches are on the rise, and it’s essential to remain proactive in defending against them. By monitoring your credit and potentially implementing credit freezes, you’re taking crucial steps toward minimizing risk and maintaining control over your financial security.

Should you have any questions about these services, need guidance on how to proceed, or require further information, please don’t hesitate to contact our team. We’re here to assist you in any way we can.

Thank you for your continued trust and partnership. Your financial security remains our utmost priority, and we are committed to ensuring you have the tools you need to protect it.

Most sincerely,
The Wealth Advisors at Solis Wealth Management