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The term identity theft was coined in 1964. [1] Since that time, the definition of identity theft has been legally defined throughout both the U.K. and the U.S. as the theft of personally identifiable information. Identity theft deliberately uses someone else's identity as a method to gain financial advantages or obtain credit and other benefits.
Identity theft is a major problem. According to the Federal Trade Commission (FTC), there were more than 650,000 victims of identity theft in 2019, making ID theft the most-reported type of FTC ...
The Identity Theft Resource Center said there were 662 data breaches in the United States in 2010, almost a 33% increase from the previous year. [19] Between January, 2015 and September, 2017, the Identity Theft Resource Center estimates that there were 7,920 breaches affecting more than one billion records that could lead to identity theft. [18]
Fraud and identity theft (although this increasingly uses malware, hacking or phishing, making it an example of "computer as target" as well as "computer as tool") Information warfare; Phishing scams; Spam; Propagation of illegal, obscene, or offensive content, including harassment and threats
Identity theft can ruin more than your credit score, hitting you at the worst time and causing you to mistrust even your own family. Here are some truly scary examples. Real-Life Identity Theft ...
Your name, credit history and bank account information is worth big bucks to criminals who want to benefit from your hard work. Identity theft cost people and businesses more than $10 billion in 2022.