A person stealing someone’s identity and robbing you off your existence sounds like some movie story or a story out of some fiction novel. But what was a fantastic story at one time is now a horror in everyday existence. The unlimited vast field of web and high technology is a playfield for cyber thieves.
Today hacking and identity theft is a nightmare. The hackers and con men are having a field day at your expense. It is not as if they are stealing some sweets from a child, it is a serious matter and more than that. These hackers are playing with personal lives of people; they are playing with social status of people.
How is one stripped of his identity? When another person impersonates as ‘YOU’, and does everything under the cover of your name, it is considered as identity theft. Your personal bank account numbers, your credit card number, your social security number and other matters related to your business or work is being misused by someone else without your knowledge, this culminates into identity theft.
The hackers and online thieves open up bank accounts with the help of personal information regarding birth dates, and numbers you use for social security. They make purchases and bills are accumulated in your name. The credit issuer is approached on your identity to change the address on the credit card.
The identity thief makes transactions in your name and has the bills sent to a completely new address. This goes on behind the victim’s back. Phone numbers and bank accounts are opened and fraud checks are issued in the victim’s name.
Let us see how simple it is to get to know everything about another person.
One is surprised as to the amount of information which is available on the internet about you. There are companies which supply your date of birth, residential address, address of your workplace, details of your immediate neighbors, your civil and criminal record. Your social security number, your bank account numbers are made available to people via net. West Publishers and Lexis-Nexis do such kind of work.
Many small companies also have information about you. Research works done by companies on net are great source of information. Personal information is just a few clicks away.
Any misuse of your personal information by the thieves is an identity theft. A person wants to impersonate as you for your money. Common reasons are like acquiring money with your credit and debit cards. According to the US Postal Service it is a fast spreading crime in America.
Identity theft affects more than a thousand people in the State in a day. This is according to survey done by one company. Secret service of United States made 9,455 arrests in 1997. Around 40,000 thefts take place every year. The country loses almost $2 dollars a year. Every year there is 50% rise in identity loss crisis.
Serious effects of these criminal actions lead a person to wait for justice for many years; people have to face prison walls for thieving in their names. Where you incur a loss of $5, you pay much more than that to get things right.