Identity fraud, also known as identity theft, is a widespread crime these days. Identity theft occurs when someone obtains your personal information in order to commit fraud. This theft is committed in a variety of ways, including gathering personal information, such as transactional information, from another person in order to conduct transactions.
𝐓𝐲𝐩𝐞𝐬 𝐨𝐟 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭𝐬:
- 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – When the criminal or thief backs up his position with false documents of the victim, such as ID or other verification documents, and his bluff is successful, the victim is charged guilty and must bear the loss.
- 𝐒𝐞𝐧𝐢𝐨𝐫 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – Seniors over the age of 60 are frequently targeted by identity thieves. They are sent information that appears to be genuine, and their personal information is collected for such purposes. Seniors must be aware that they are not the victim.
- 𝐃𝐫𝐢𝐯𝐞𝐫’𝐬 𝐥𝐢𝐜𝐞𝐧𝐬𝐞 𝐈𝐃 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – The information on a driver’s license includes the driver’s name, address, date of birth, and a State driver’s identity number. The thieves use this information to apply for loans or credit cards, or to open bank accounts in order to obtain checking accounts, or to purchase cars, houses, vehicles, electronic equipment, jewelry, or anything else valuable, all of which are charged to the owner’s credit card.name.
- 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – The victim’s health-related information is gathered in this theft, and then a fraudulent medical service need is created with fraudulent bills, resulting in the victim’s account for such services.
- 𝐓𝐚𝐱 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – In this type of attack, the attacker wants to know your Employer Identification Number in order to file an appeal for a tax refund. This becomes apparent when you attempt to file your tax return or when the Income Tax Return Department sends you a notice.
- 𝐒𝐨𝐜𝐢𝐚𝐥 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – The thief’s goal in this type of attack is to obtain your Social Security Number (SSN). With this number, they have access to all of your personal information, which is the most dangerous threat to an individual.
- 𝐒𝐲𝐧𝐭𝐡𝐞𝐭𝐢𝐜 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – This theft differs from others in that the thief combines all of the information gathered from people to create a new identity. When this identity is used, all of the victims are affected.
- 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐓𝐡𝐞𝐟𝐭 – This is the most commonly used type of attack. The stolen credentials are used to gain a financial advantage in this case. The victim is only identified when he carefully checks his balances, which is done slowly.