Protect Your Identity

Decypher
Feb 16, 2021
2 min read

Identity theft are one of the most widely used crimes in today’s society. It involves the use of other people’s data and information which may result in financial harm to the individual and financial gain to the impersonator.

What is Identity Theft ?

Identity theft occurs when someone steals your personal information, such as your date of birth, name, and address history. Criminals can then use this information to commit identity fraud, typically using your identity to gain financially.

Common Types of Identity Theft

Identity theft is unavoidable in today’s day in age, and here are many reasons why identity thieves target your personal information.

Financial identity theft. Criminals are able to use your stolen personal information to take over your financial accounts or create their own, and it could result in large volumes of debt and a poor credit score.
Driver’s license fraud. Driver’s license fraud occurs when a criminal has a driver’s license issued to themselves under another person’s identity. They might use the license to commit traffic violations that end up on your record and you could lose your license.
Change of address fraud. A fraudster could change your mailing address, diverting it to themselves instead. This allows them to look through all your mail and find out bank details, credit card details and other personal information.
Employment identity theft. Criminals, illegal immigrants and the jobless use stolen identification and personal details to obtain employment. By using stolen identification, they are able to conceal their real personal history from their employers.