By now everybody has heard of some horror story about identity theft from TV shows or magazine articles. In the popular culture, references of identity theft are found in the novels and movies, notably Frederick Forsyth’s novel, The day of the Jackal and the 1995 movie The Net. In real life, the Identity Theft Resource Center (http://www.idtheftcenter.org) reports 8.9 millions identity theft victims in 2006.
So, what is an identity theft? An identity theft occurs when somebody steals vital pieces of personal information, e.g. your social security, credit card numbers, etc. and uses that information for financial gains by taking your identity. The most common form of identity theft involves credit card and mortgage frauds. But it can also be used for vicious crimes like drug dealings, terrorism, etc.
You may be surprised to know that many minor identity thefts are committed by someone you know. So, don’t make it an easy job for a person to steal your personal information from your wallet, checkbook, etc. Avoid leaving things containing your personal information lying around for others to have an easy access to that information.
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