Identity theft

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Identity Theft

A crime in which a person pretends to be another person for the purpose of using his/her financial information for personal gain. Identity theft can be fairly basic; for example, one may steal and use a credit card. Often, however, identity theft involves using computer programs to find a person's financial information and conduct large transactions with that person's money. Identity theft is a serious crime, as it can ruin the victim's credit, making it difficult to obtain a loan when one is needed. Many banks and credit card companies provide identity theft protection to reduce a client's liability for identity theft and to minimize its occurrence.

Identity theft.

Identity theft is the unauthorized use of your personal information, such as your name, address, Social Security number, or credit account information.

People usually steal your identity to make purchases or obtain credit, though they may also use the data to apply for a driver's license or other form of official identification.

References in periodicals archive ?
com)-- Social media is teeming with opportunities for identity thieves, and most people are unaware they're even at risk.
Account numbers are recorded in your credit report along with other data that can be used by identity thieves.
Contacting the bank to setup a credit freeze so identity thieves cannot open new accounts.
Online filing programs are easily penetrated by identity thieves, and sensitive information could end up on countless other servers.
Rick Kam, president of identity theft protection and personal identity recovery company ID Safeguards, warns, "The holiday season is ripe for identity thieves to do their dirty work, and whether you realize it or not, you may be helping them.
daily internet surveillance to detect potential exposure of personal confidential information to identity thieves.
Debix Instant Authorization(TM) technology stops identity thieves from taking out loans and credit cards using stolen personal information.
Monitoring your credit report makes sense because identify theft can come from any source; however identity thieves increasingly are using sophisticated programs to acquire information from your PC," said Michael Stanfield, CEO of Intersections Inc.
Identity Guard(R) total protection(SM) combines information from all three national credit reporting agencies with public record reporting, scanning for application and social security fraud, and other features designed to block identity thieves before they can damage your credit.
According to the Identity Theft Resource Center, this means added opportunities for identity thieves to steal your identity.
Advice for businesses and consumers under siege by virus writers, spammers and identity thieves.
Identity thieves are also busy being more naughty than nice, taking every opportunity to steal your identity.