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What Is Identity Fraud?

What Is Identity Fraud?

Author
 By Charles Joseph | Cybersecurity Researcher
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 Published on November 28th, 2022
This post was updated on November 25th, 2023

Identity fraud is a type of fraud that involves using someone else’s identity to steal money or gain other benefits.

Key Points

  • Identity fraud is a type of fraud that involves using someone else’s identity to steal money or gain other benefits.
  • Identity fraud can be committed in many ways, including stealing personal information, forging documents, and using false identities to open bank accounts or apply for credit cards.
  • Identity fraud is a serious problem that can have lasting consequences for the victim, including financial loss, damage to their credit rating, and even legal problems.
  • You can do a few things to protect yourself from identity fraud, including being careful about who you give your personal information to and keeping an eye on your credit report for any suspicious activity.
QUOTE:
"Amateurs hack systems, professionals hack people."
-- Bruce Schneier, a renown computer security professional
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