Identity theft is Britain's fastest-growing white-collar crime, increasing at nearly 500% a year.
Identity theft happens in a number of ways from a thief simply stealing your credit card and using it to apply for store cards in your name. To full on identity fraud were the thief will attempt to get a passport and driving licence in your name open a bank account take out loans, credit cards even mortgages non of which will ever be repaid.
This will severely affect your credit rating until you can have the negative information removed from your credit report.
The process of clearing your name can take months to be fully investigated hours & hours of your time to sort out not to mention the embarrassment that you can be put in as many people do not realise there a victim until they are turned down for loan at their bank or refused an mobile phone and other goods in store.
There are a number of things you can do to stop yourself becoming a victim these including not throwing out statements unless they have been shredded, Staying extra vigilant on who you give sensitive information to, If you use online banking make sure you have a good security package installed and that the software is kept updated. Some people are even choosing to sign up to one off the identity protection programs offered by the credit reference agencies.
Help With Identity Theft
In today's world, the internet has become a haven for criminals and scam-artists. Most of these criminals gain access to passwords, personal data, and identifying information in order to gain access to a person's assets.
Most of this information can be acquired via various forms of spam email. Another method crooks use to get your information is by getting the victim to sign up on a website that promises him/her profits. This allows the criminal to secretly gather your information. Later on, they use it to impersonate the victim.
But criminals aren't just looking for your bank account number or social security number. They try to find out about your lifestyle as well. This enables them to do more spying.
But how does all of this happen?
Cookies play an important role. The cookie is a piece of text which the web server leaves on your computer to allow you to easily access information in the future. Cookies have information about the user's personal preferences. It can also carry information about which sites the user has visited, the email sent, and even which advertisements the user has clicked on.
Most cookies are harmless, but criminals use the cookie as a tracking device. Not only that, they use it to get precious personal data. A cookie also gives criminals an idea of in which of your areas of interest they should perpetrate the scam.
Most internet thieves use software to get access to public data records. Out of public records, the thief can get information like the victim's date of birth, their surname, maiden name, address, social security number, and more.
Aside from public record databases, most of the thieves use web-links. They just type in the Social Security number to get the info they need. The internet connects them to a search engine, which, according to recent information, has about 95 identity sites. Basically, the criminal can just click on the person's file and all their personal information will pop up.
Some criminals create fake websites. If the viewer of one of these websites subscribes, and enters his or her personal information, all of that personal information then falls into the hands of the criminal.
Beware -- any machine in a public place is distributed to multiple users. When you make a purchase online, the website will leave a tracking cookie on your computer. If someone finds that information on the internet, he or she could try to acquire something from the store on your account.
There are other hackers that use encryption software. This software can be used to mix credit card numbers. This allows the criminal to figure out your number.
Keep in mind that sending your personal identification number to an online store is not completely safe. The only time encryption happens is when the viewer uses a secure shopping site. If it is encrypted, the site will show a padlock icon in the lower corner of the web browser.
Most internet identity theft criminals want to have access to someone's personal account. Most of them intend to start spending money and take the identity to make new purchases.
For instance, many of the criminals have poor credit and do not have the capacity to take out a loan. Because of this, they get someone else's account to use in an internet transaction.
With the beginning of this internet fraud, identity theft has become a profitable industry. Criminals, hackers, and scam-artists have easier and quicker access to classified data around the globe.
In order to prevent this from happening to you, you should be very careful transacting business on the web. Look for the padlock icon in the bottom corner of your browser before hitting the "checkout" button.
Both Anthony Ifon & Daniel Moore are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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