| Identity theft can be described as a way in which | | | | stealing identity. |
| a perpetrator gathers personal information of | | | | Stealing: In some cases, the perpetrator may |
| other people to get illegal monetary gains. A | | | | directly steal the wallets of victims in order to get |
| perpetrator, who got our personal information, | | | | their credit cards and other valuable information. |
| may use it for various purposes like shopping, | | | | Though it is difficult to prevent this theft of |
| opening bank accounts, applying loans, and renting | | | | identity, swift acting will minimize the damages. |
| vehicles etc. There are certain common methods | | | | Through Internet: Internet is widely used for |
| in which hackers execute their theft. It is | | | | carrying out different types of identity fraud. It is |
| important to have knowledge in these methods in | | | | necessary to use strong methods for online fraud |
| order to prevent theft of identity. | | | | prevention. The personal information of victims |
| Shoulder surfing: This is a method widely used by | | | | can be easily gathered by hacking into their PC. |
| perpetrators. It involves getting personal details | | | | Wireless Stealing: Modern technology is used for |
| like address, phone number, credit card number, | | | | illegal scanning of credit cards when it is used by |
| and PIN number just by looking over your | | | | the victims. These details can be used for various |
| shoulder. Getting information is also possible just | | | | online transactions. |
| by listening to private conversations. | | | | Nowadays, theft of identity is on a continuous |
| Dumpster Diving: This is a method in which | | | | rise. Plenty of people are falling as victims to |
| perpetrators get personal details by collecting it | | | | identity fraud. They can get the help of any theft |
| from the garbage. People may throw their | | | | assistance centers to prevent further loss. It is |
| unwanted bank statements, letters, and files into | | | | vital to discover effective methods for curbing |
| trash. This information is used by hackers for | | | | these activities. |