Identity theft

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Related to Online identity theft: Denial of service attack

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 ?
One relatively new type of online identity theft is referred to as "phishing.
To assess the potential vulnerability of CPA firms to online identity theft, the authors randomly selected 100 CPA firms listed on CPAFirms.
The survey of 2500 Australians found that one in 10 had fallen victim to online identity theft in the past 12 months and each lost an average of 1000 dollars as a result.
Only 20% of respondent banks have a formal plan in place for creating customer awareness against online identity theft and financial frauds.
The authors report results from three consumer surveys that indicate the propensity to protect oneself from online identity theft varies by population.
2 billion was lost to online identity theft fraud from April 2003 to April 2004, with corporations absorbing most of the losses.
Join an online identity theft protection that provides data breach alerts
Veratad is a world class provider of Virtual Identity Verification and compliance Solutions and StrikeForce is an innovator in the prevention of online Identity Theft and Data Breaches for enterprise, financial institutions, government agencies and consumers.
Deepnet Explorer has become the first browser business to incorporate high security password hashing counter measures, to protect surfers from the mounting problem of online identity theft.
On May 2, 2011, Sony Online Entertainment (San Diego, CA) reported that 24,600,000 personal data records were breached, exposing millions to possible online identity theft and fraud.
com)-- The New York Chapter of BDPA announced today that it will co-host an Online Identity Theft Workshop with the Queens Alumnae Chapter of Delta Sigma Theta Sorority on Saturday, October 22, 2011 from 10:00 am to12:00 pm, at Lefrak City Tenants Assoc.
The company said that it has reached an agreement with the state of Texas to offer consumers online identity theft monitoring services for one year.

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