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Your Identity Is Free Game

By: Aazdak Alisimo

The massive conversion to computers and the web has made our lives much easier. We can communicate and process information at unbelievable speeds. Such efficiency, however, comes with a price more and more of us are having to pay.

Data breach and identity theft are two things that tend to go together. Data breach occurs when a criminal element successfully breaks into a secured system that contains sensitive information regarding individuals.

When considering this information, some is more valuable than others. The golden egg for criminals is the breach of a system that includes peoples legal names, social security numbers, current physical addresses, credit card numbers and bank account numbers.

In many situations, it is next to impossible to get all this information. Hackers thus try to get the email address for the individuals. They then send emails tempting the individual to visit a site and provide the additional information they need.

These fraudulent emails are often designed to use the credibility of a legitimate site. You may receive the information allegedly from the IRS, Home Depot or some other well-known entity. One you click through to the site, however, it is only a copy.

Regardless of how your income is obtained, the data breach leads inevitably to identity theft. Most people think identity theft comes in one general form, but there are many different ways your information is used and sold by thieves.

The primery way criminals make money using your information is pretty much what you expect. They either misuse your current credit card accounts or, alternatively, your sensitive financial information is used to open entirely new cards.

The open a new account scam is an old one. A new way criminals are making money with your info has to do with another opportunity appearing in society. Simply put, they sell your full identity for actual use in day-to-day life.

There are more than a few people that would like to start over in life. Specifically, they are running from obligations or the law. This constitutes the first reason people are willing to pay big bucks to start a second life under your name.

Another huge issue these days is illegal immigration. In some areas, one now has to present a social security number to get and maintain a job. This is meant to prevent illegal aliens out of jobs, but guess how they get around it? They buy your info.

Despite assurances from credit card companies and the government, identity theft is here to stay. It is a relatively small price we pay for the efficiency of modern life. Be careful with your information and monitor your credit report.

Article Source: http://www.articlebankonline.com

Aazdak Alisimo writes articles on identity theft for ArticlesonIdentityTheft.com.

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