Identity theft is a catch-all term for crimes involving illegal usage of another individual’s identity. The most common form of identity theft is credit card fraud. While the term is relatively new, the practice of stealing money or getting other benefits by pretending to be a different person is thousands of years old.
The acquisition of personal identifiers is made possible through serious breaches of privacy. For consumers, this is usually due to personal naiveté about who they provide their information to. In some cases the criminal obtains documents or personal identifiers through physical theft(e.g. vehicle break-ins and home invasions). Guardianship of personal identifiers by consumers is the most common intervention strategy recommended by the US Federal Trade Commission, Canadian Phone Busters and most sites that address identity theft. Personal guardianship issues include recommendations on what consumers may do to prevent their information getting into the wrong hands.
The strongest protection against identity theft is not to identify at all - thereby ensuring that information cannot be reused to impersonate an individual elsewhere. As such, identify theft is often a question of too little privacy or too much identification. Many activities and organizations in a modern society require people to provide personal identifiers (Social Security number, national identification number, drivers license number, credit card number, etc), and in some cases the knowledge of personal identifiers is treated as proof of identity. This is sometimes done as a convenience or to enable transactions by telephone or the internet, however it can also make it more difficult for individuals to protect themselves from identity theft.
In some cases an identity thief will attempt to impersonate a deceased individual. Frequently credit checks or other types of verification are not cross referenced with death certificates, so the crime may go unchecked for some time unless the deceased’s family detects it and takes steps to prevent further fraud.
LifeLock is the industry leader in the rapidly growing field of Identity Theft Protection. We are based in Tempe, Arizona. Our company is led by experienced and successful entrepreneurs and industry experts. We are backed by Bessemer Venture Partners, one of the leading venture capital firms in the world. We serve tens of thousands of consumers in every state of the union, Puerto Rico and the US Virgin Islands. Take a moment to browse and learn about the team that will work for you.
Here at LifeLock we not only want to secure your identity and guarantee your good name, we want to hear from you. If you or someone in your family has ever been a victim of identity theft, we would like to hear your story. As we continue to educate consumers on the growing trend of identity theft, we would like to share your story.
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With the LifeLock revolutionary identity theft system your identity will be protected as soon as you become a member. Alerts will be placed on all three of your credit reports from each of the major credit reporting bureaus. Block your credit today and protect your good name.
To get started simply enter the LifeLock Promotional Code RD11 in the promo field on the enrollment page on LifeLock.com or you can follow the link below to be taken directly to the official site. If you prefer to enroll over the phone just call 1-877-LIFELOCK and when asked for your LifeLock promotion code mention RD11.
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Good Blog. I will continue reading it in the future. Nice layout too.
Aaron Wakling
[...] America’s #1 Identity theft prevention program The most common form of identity theft is credit card fraud. While the term is relatively new, the practice of stealing money or getting other benefits by pretending to be a different person is thousands of years old. … [...]