What Is Identity Theft And How To Detect It 

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20 May 2024

Identity theft is the crime of using the personal or financial information of another person to commit fraud, such as making unauthorized transactions or purchases

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Identity theft is committed in many different ways and its victims are typically left with damage to their credit, finances or reputation

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Cybercriminals use others' credit card details, health data, Aadhaar cards, PAN cards, driving licences and other such personal information for a variety of illegal activities

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Thieves may either directly use the victim's personal identifiable information or sell that on the dark web

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Anyone can be a victim of identity theft. However, children and ageing adults are particularly vulnerable

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Signs you may be a victim of identity theft include missing bills or mail suddenly stopping, possibly due to scammers changing your address to access your sensitive information

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If you notice unknown transactions or withdrawals from your bank account, it could be a sign of identity theft 

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Additionally, check for unusual activity in your accounts, such as unknown accounts being opened or changes made, as this signals potential identity theft 

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If legitimate requests for transactions, loans or credit cards are being denied, it may also indicate someone tampered with your credit

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Be cautious. Do not click on unknown or suspicious links received through mail, SMS or WhatsApp, and ignore malicious pop-ups

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To prevent identity theft, shred documents with personal information, such as old bills and financial statements

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