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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 UK 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.
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]
Lastly, Rosen adds that there are rare situations when an employment background check uncovers a criminal report and it turns out the report was a result of identity theft.
Identity theft is the unauthorized use of another's personal or financial information to defraud an individual or entity into obtaining goods or services. The term 'personal or financial information,' typically refers to a person's name, address, credit card, bank account number, Social Security number, or medical insurance account number.
Identity theft is the fastest growing fraud scheme in the United States, and it has devastating consequences if you fall victim to someone stealing your personal information, such as your social ...
Contact the Identity Theft Resource Center. The nonprofit advocacy group exists to help victims. Visit idtheftcenter.org or call (888) 400-5530 to get started. File a police report.