Observe any definition of identity theft, and you will see that there are many ways in which unauthorized persons can access their data and use them to their detriment.
For example, your social security number can be used by someone to impersonate you, and the same applies to your driver’s license numbers. When you shop online and use your credit card to pay for goods, this confidential information can be captured and used by others to pay bills or make purchases on your account.
These are not just financial losses you may suffer when you become a victim of identity theft; Everything can become much more radical. Consider this, and if someone uses your identity to commit a crime or fraud, you may face serious charges and legal consequences and can visit prive.eu.
All this can happen if you can not protect your data effectively and efficiently.
Two ways in which identity theft occurs.
Identity theft is often a complex problem that may not even reach you for a significant period after the loss has occurred. Two categories of identity theft can arise from inadequate data protection. First, another person uses your identity to open new accounts and obtain benefits for which you are responsible.
For example, you can open a new bank account, and the funds that must be credited to your account can be redirected to a new and fraudulent account. This usually happens when the identity of the IRS is stolen, when the refund checks, which should be yours, are credited to an unknown account.
A thief can open credit card bills using his credentials and issue massive statements for which he has to pay. Or, a thief can subscribe to services such as cell phone and leave an account, since his name is used to establish connections.
The second method of identity theft is when a thief gets access to your data, either from your computer or phone or directly, by stealing your credit card or social security card. They use this data to gain access to existing accounts and profiles. Imagine that an unauthorized person has access to your accounts. The first thing they do is change the address and contact information so that they do not receive an immediate notification of any transaction. Besides, reports can be used in any way, either by deleting cash balances or using an account or profile to make payments or subscribe to services and product.
It may take some time for you to realize that someone else, besides you, is using your account for fraudulent purposes. Often, you may not know it until you start receiving bills for purchases you have never made, or you may not notice the outstanding balances.