Identity theft doesn't usually mean someone steals one's identity and then goes off to a faraway place and lives her/his life impersonating and running up bills in their name. The practical meaning of identity theft is somebody that uses another person's name, credit card or credit rating. Sometimes list of the bills is so long. Taking out house mortgages under somebody else's name and then flipping the house is also consider a case of identity thieves.
The linking between the data breach and identity theft is not easy to identify as the person does not get known by the theft of his or her identity and how their personal information are obtained by the others. There are different types of identity theft. Criminal Identity theft (Posing as another person when apprehended for a crime). Financial Identity theft (using another person's identity to obtain his or her credit and wealth). Identity cloning (Assuming another person's daily life). Medical Identity theft (Assuming medical care and drugs of another person). Child Identity theft (Using social security of a minor by stealing that identity).
Identity cloning id theft is when the someone impersonates someone else and the victim may not come to know about this for an indefinite span of time. Cloning is mostly done to cover up identity and not perform any other heinous crime. Illegal immigrants may find this way the most suitable for survival.
The 2003 Identity Theft resources reported that only 15% of victim found that their identity had been stolen. About 330 hours are used by victims to resolve the issue and 73% of victims confess that, they are victimized through credit cards. The value of identity fraud has decreased from US$ 47.6 billion in 2003 to $15.6 billion 2006.
There are some measure may be taken to decrease the chance of identity theft. Take steps to make social security numbers harder for identity thieves to obtain. It is recommended to use post office box number instead of full address. Try to keep telephone number out of general circulation. Avoid using personal checks for day-to-day purchase because personal checks contain information about bank details as well as personal signature. So, it is preferable to use credit or debit card for day-to-day purchase. Remove names from "pre-screening" programs (marketing services offered by the three credit bureaus).
The linking between the data breach and identity theft is not easy to identify as the person does not get known by the theft of his or her identity and how their personal information are obtained by the others. There are different types of identity theft. Criminal Identity theft (Posing as another person when apprehended for a crime). Financial Identity theft (using another person's identity to obtain his or her credit and wealth). Identity cloning (Assuming another person's daily life). Medical Identity theft (Assuming medical care and drugs of another person). Child Identity theft (Using social security of a minor by stealing that identity).
Identity cloning id theft is when the someone impersonates someone else and the victim may not come to know about this for an indefinite span of time. Cloning is mostly done to cover up identity and not perform any other heinous crime. Illegal immigrants may find this way the most suitable for survival.
The 2003 Identity Theft resources reported that only 15% of victim found that their identity had been stolen. About 330 hours are used by victims to resolve the issue and 73% of victims confess that, they are victimized through credit cards. The value of identity fraud has decreased from US$ 47.6 billion in 2003 to $15.6 billion 2006.
There are some measure may be taken to decrease the chance of identity theft. Take steps to make social security numbers harder for identity thieves to obtain. It is recommended to use post office box number instead of full address. Try to keep telephone number out of general circulation. Avoid using personal checks for day-to-day purchase because personal checks contain information about bank details as well as personal signature. So, it is preferable to use credit or debit card for day-to-day purchase. Remove names from "pre-screening" programs (marketing services offered by the three credit bureaus).
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