The Federal Trade Commission reports that identity theft is the fastest growing crime in America. The term “identity theft” was not even coined until a few years ago. These days we seem to hear it every time we turn on the television or open a magazine. But what is the real truth about identity theft?
The United States Department of Justice offers this definition: “Identity theft and identity fraud are terms used to refer to all types of crime in which someone wrongfully obtains and uses another person’s personal data in some way that involves fraud or deception, typically for economic gain.”
So how real is this threat? Several of the world’s largest banks and data collection agencies have suffered fraud affecting millions of people. The IRS has stated that their networks of personal and financial records are not well protected.
It appears that we are all at risk for identity theft, and there may not be anything we can do about it. In fact, many people who are at risk don’t even realize it.
So what are some ways to stop identity theft? How do you know if you are putting yourself at risk of becoming a...
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