How Identity Theft Occurs

Skilled identity thieves use a variety of ways to gain access to your personal information.
For example, they may get information from businesses or other institutions by stealing
it while they’re on the job; bribing an employee who has access to these records; hacking these
records; and conning information out of employees.

Or:

• they may steal your wallet or purse.
• they may steal your personal information through email or the phone by saying
they’re from a legitimate company and claiming that you have a problem with your
account. This practice is known as “phishing” online, or “pretexting” by phone.
• they may steal your credit or debit card numbers by capturing the information in
a data storage device in a practice known as “skimming.” They may swipe your card
for an actual purchase, or attach a device to an ATM machine where they may enter
or swipe your card.
• they may get your credit reports by abusing the authorized access that was granted to
their employer, or by posing as a landlord, employer, or someone else who may have
a legal right to your report.
• they may rummage through your trash, the trash of businesses, or public trash dumps in
a practice known as “dumpster diving.”
• they may steal personal information they find in your home.
• they may steal your mail, including bank and credit card statements,
credit card offers, new checks, and tax information.
• they may complete a “change of address form” to divert your
mail to another location.

Once identity thieves have your personal information, they may use it to commit fraud
or theft.

For example:

• they may call your credit card issuer to change the billing address on your account.
The impostor then runs up charges on your account. Because the bills are being sent
to a different address, it may be some time before you realize there’s a problem.
• they may open new credit card accounts in your name. When they use the credit cards
and don’t pay the bills, the delinquent accounts are reported on your credit report.
• they may establish phone or wireless service in your name.
• they may open a bank account in your name and write bad checks on the account.
• they may counterfeit checks or credit or debit cards, or authorize electronic transfers
in your name, and drain your bank account.
• they may file for bankruptcy under your name to avoid paying debts they’ve incurred
under your name, or to avoid eviction.
• they may buy a car by taking out an auto loan in your name.
• they may get identification such as a driver’s license issued with their picture, in your name.
• they may get a job or file fraudulent tax returns in your name.
• they may give your name to the police during an arrest. If they don’t show up
for the court date, a warrant for arrest is issued in your name.

Please use common sense with your credit cards, credit card bills, and other personal
identity information.

As you can see from the above article, Identity Theft is something to take into serious consideration.