5 Common Types of Identity Theft
These days’ cybercrime is at its peak. Cybercriminals try to obtain the personal information of the user and then they exploit that information for personal benefits. Identity theft is one such activity in which the cybercriminal tries to obtain the personal and financial information of the user and then perform unauthorized transactions and activities. There are different ways in which identity theft can be performed. In this article, we try to highlight various types of identity theft
1. Financial identity theft
It is one of the most harmful types of identity theft. In this, the cybercrime steals your financial details and then they try to make fraudulent purchases on the stolen credit. In this way, they try to find out all the details of your bank account, debit and credit card number, and other personal and financial information
2. Medical identity theft
In medical identity theft, medical insurance companies are on target. Someone tries to obtain free care and service of medical insurance. They avail of free medical care.
In other cases, there are cybercrimes that try to defraud health insurance providers. They show fake insurance policies. They try to make fake commitments with the users and try to fool them. Hence it is always advisable to avoid online health insurance policies. Not only that, it is really important to read the terms and conditions carefully to avoid any fraudulent activity
3. Child identity theft
It is one of the scariest nightmares for any parent. In this, the children’s ids are on target. Through various gaming apps or through various other means they try to obtain the information. In such cases, children are completely unaware of the fraud. They target the Social Security number to commit fraud. Cybercriminals use child identity to open a new account or line of credit in the child’s name. In various cases, the thief uses the child’s identity to obtain a driver’s license. Not only this, they try to apply for various benefits from government schemes
It is relatively easy to target children as they usually do not have credit reports or financial accounts
4. Friends and family
This is quite an unusual type of cybercrime. In this, your family members, relatives, or close friends use your identity without your information. Anything that can be performed by using your identity, without your consent and permission then it is a fraud
5. Criminal identity theft
In this type of cybercriminal identity theft, a criminal tries to pose as another person and share the id of another person to avoid court summons. In this way, they try to prevent the discovery of a warrant delivered in their real name and ultimately can avoid the arrest. So they basically try to trap law enforcement by providing fake names and identity proof of the victim.
Conclusion
We use the internet to make our life easy. We learn, play, shop, and perform many activities online. This makes it really important to ensure our safety and security while being active on an online platform
K7 antivirus software can protect you from all such fraud. They would try to protect your identity and keep it secure with its special safety features. If you want to be safe then you must install K7 antivirus to protect your identity from cybercriminals. For more information contact us now.
https://www.k7computing.com/in/