Id Theft Affects Millions Of People

“Determining the link between data breaches and Id theft is challenging, primarily because Id theft victims often do not know how their personal information was obtained,” and Id theftis not always detectable by the individual victims, according to a report done for the FTC. Identity fraud is often but not necessarily the consequence of identity theft. Someone can steal or misappropriate personal information without then committing Id theftusing the information about every person, such as when a major data breach occurs. A US Government Accountability Office study determined that “most breaches have not resulted in detected incidents of identity theft”. The report also warned that “the full extent is unknown”. A later unpublished study by Carnegie Mellon University noted that “Most often, the causes of Id theft is not known,” but reported that someone else concluded that “the probability of becoming a victim to Id theft as a result of a data breach is … around only 2%”. More recently, an association of consumer data companies noted that one of the largest data breaches ever, accounting for over four million records, resulted in only about 1,800 instances of identity theft, according to the company whose systems were breached.
Identity theft refers to something that is stolen and which has very private data. Often people are observed to be least worried about their belongings and this is the chance that is taken by criminals to steal what is most private to you. Things like your credit cards, mobile phones, computers, USB drives and many more have your private data. If this data goes into wrong hands, then it can prove dangerous to you. In spite of knowing all these factors, there are many people who still don’t take good care of their private data stores. With inclusion of all these, there is one more aspect of identity theft; fraud in your credit report. This is more dangerous than any of your other things that are stolen. In short, stealing all such private assets and using them as the original person is using it, is called as identity theft. It is just like criminal has turned himself into you while using your assets.
It can happen so fast. Your wallet goes missing. A thief gets his hands on your credit card information. Will you be the victim of identity theft? You’ve spent your whole life building your identity–your credit, your good name. Don’t allow others to ruin what you’ve built. We can help you get an Identity theft protection plan that will keep your identity safe against the criminals who try to steal it.

Identity theft refers to something that is stolen and which has very private data. Often people are observed to be least worried about their belongings and this is the chance that is taken by criminals to steal what is most private to you. Things like your credit cards, mobile phones, computers, USB drives and many more have your private data. If this data goes into wrong hands, then it can prove dangerous to you. In spite of knowing all these factors, there are many people who still don’t take good care of their private data stores. With inclusion of all these, there is one more aspect of identity theft; fraud in your credit report. This is more dangerous than any of your other things that are stolen. In short, stealing all such private assets and using them as the original person is using it, is called as identity theft. It is just like criminal has turned himself into you while using your assets.
Public places are more prone for such accidents to happen when you lose your private belongings and don’t even notice it. Cases of stealing your finer prints have also been noted. So you have to be careful about some one stealing your finger print. After all, your thumb impression is unique identity that you possess. Stealing of credit cards and wallets are common accidents that happen in every public place. Now days, stealing of your mobile phones also happen. Your mobile phone may also contain some private data that you have. Same is the case with your computers. Difference is that compute thefts don’t happen in public places. Let us see some causes of identity thefts.
Continuing identity theft affects millions of people. Several billions of dollars of money has been stolen from innocent victims who are just like you and me. In fact anybody with personal details [and that includes all of us] can have their identity and personal identity stolen and used for criminal reasons.
Overall, the number of identity theft victims keeps growing despite resources being put into place to help fight the crime. In some states throughout the U. S. identity theft is slowing down or being reported and prevented more easily, but in other states and in other countries, the rise continues. I
t has been estimated that 10 million victims file of identity theft each year. This comes out to around about 20 people every minute. The overall cost of this has been approximately 56.5 billion dollars in 2005.
And it’s not just your bank account number, credit card number, or social security number that people wish to have for their criminality. Even your date of birth, names of your relatives, addresses, phone numbers, and other such information can be useful. Criminals can put together a jigsaw or picture of you and use this information in order to perpetrate identity theft and identity crime.
This jigsaw can then be used against you to steal your money, your tax returns and even your livelihood. But things are improving. detection rates are increasing and ordinary people are becoming more aware of the whole identity theft issue. Some states in the US are developing novel and innovative ways to detect and fight the crime. Let’s hope that other states and nations follow suit.

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