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- Victims of identity theft often end up with damaged credit, incorrect information added to their records, or wrongful arrest. To protect yourself, stay informed about data breaches, report any security incidents, and consider freezing your credit.
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What is identity theft and fraud?
If you think you are a victim identity theft or fraud, act quickly to ensure you are not liable for any financial losses. Report all lost or stolen documents, such as passports, driving licences, credit cards and cheque books to the organisation that issued them.
If you suspect someone has got hold of information about you which they’re using to pose as you, act quickly to protect your identity and ensure you’re not liable for any financial...
Identity theft happens when fraudsters access enough information about someone’s identity (such as their name, date of birth, current or previous addresses) to commit a fraud. Identity theft can take place whether the victim is alive or deceased.
It's important to take action quickly if you've suffered identity fraud. Fraudsters may steal money from your bank accounts & take out credit in your name – so you want to stop them as soon as you can.
- Identity Theft Statistics
- How Identity Theft Helps Fraudsters
- Social Media and Identity Theft
- How to Reduce The Risk of Identity Theft
Worryingly, identity theft is on the rise. There have been 3.8 million fraud incidents reported in the year to March 2019; a 17% riseover the year. Cifas, a non-profit organisation that aims to help prevent fraud, records instances of fraudulent crimes among its members and recently released its annual Fraudscape report. Cifas members reported 8% m...
There are various ways criminals can use identity theft to steal money. Once they’ve got your information, it’s a case of trying to extract as much as possible before the crime is discovered and you cancel your cards and change your passwords. This is why it’s important to be vigilant and to be aware of any unusual activity on your bank or credit a...
Social mediahas been a boon for criminals looking to commit identity theft, as it encourages users to openly share private information about themselves for everyone to see. It might seem innocent at the time, but revealing your age, birthday, choice of bank, address or even your mother’s maiden name can be used to compromise your accounts. If you t...
Don’t give criminals easy access to information about yourself; shred documents that you are throwing away, such as bank statements, utility bills and credit card statements – anything that could b...If you lose a payment card or important documentation like a passport, make sure you alert the appropriate authorities as soon as possible. You should also regularly check your accounts for any unu...If you use social media, make sure your privacy settings prevent people you don’t know from accessing too much information. If you use open networks like Twitter, do not give away sensitive details...If you are the victim of identity fraud, there is a chance that you will be protected by your bank or credit card company who may help reimburse any losses. In serious cases it can take months or y...What impact does identity fraud have? The consequences of identity fraud will depend on the nature of the crime committed. If fraudsters gain direct access to your bank account or credit cards, they may leave you with no funds to pay for everyday living costs.
Identity fraud, or ‘ID theft’, involves the use of a person’s stolen details to commit crime. Many victims never find out exactly how someone got hold of their details, and clearing things up afterwards can be costly and stressful.