The 3 Types of Identity Theft

Identity theft is one of the most prevalent crimesinnocence.
across the world today. The worst part about this2. Credit Theft
extremely fast growing crime is that you can be aThis is the most common type of identity theft in which
victim anywhere - on a vacation when you use yoursomeone gets hold of your credit card details (or even
credit card, on the internet when you check your bankyour credit card) and goes on a shopping spree. In the
account, or even at a local store. Identity theft canworst case scenario, the criminal might also get
leave your financial reputation in ruins and cost youaccses to your Social Security Number (SSN), enabling
thousands of dollars. The best way to beat it?him to take out loans in your name.
Educate yourself. Understand what identity theft is and3. Social Securty Number Theft (SSN Theft)
learn to recognize its various forms. PriorIn this very serious crime, the criminal gets hold of your
understanding of identity theft is instrumental inSSN details. He can then use these details to evade
defeating it.taxes by filing them in your name (leaving you with the
There is a big misconception that identity theft simplytax bill). If he gets access to your credit card or bank
means that someone replicates your credit card oraccount details, he could theoretically destroy your
manages to get hold of the credit card number. This isfinancial reputation.
completely far from the truth. As you will learn in thisThe key to protecting yourself against identity theft is
article, identity theft can encompass a vast range ofto always be vigilant. Always buy from trusted sellers
crimes.online, use services like Paypal to protect your credit
1. Character Theftcard details when paying on the internet, be aware of
This is a very serious crime in which the criminalany phishing attacks (in which a scammer replicates
assumes your identity. He could then take a loan underyour financial institution's website), and if you are out on
your name, get credit cards, or even commit crimes ina vacation, make sure that you keep your wallet in a
your name. Obviously, the implications of such theft aresafe and secure place.
huge, since the onus will be on you to prove your