5 Factors That Contribute To Identity Theft

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Identity theft has severe repercussions to the victims, society, and organizations. It is a reality that identity theft is taking over from the traditional crimes internationally. It is devastating when someone steals your personal information for selfish gains. In most cases victims are left feel traumatized, helpless and stressed. Sadly, too many people find themselves suffering as a result of having their identity stolen.

What really contributes to identity theft? Well, there are many factors that contribute to identity theft.

They include;

  1. Burglary

Cases of people losing their credit cards, social security cards, identification cards and ATM cards as a result of burglary are on the rise. Someone breaks into your home or car and steals your personal information. The next thing you know is that you are getting strange phone calls and emails from total strangers with weird claims. It is advisable to invest in security measures such as burglar proof doors and alarm systems to prevent being a burglary victim.

  1. Signature forgery

Identity thieves work relentlessly to come up with new tricks to enrich themselves illegally. Signature forgery is one of the major factors that contribute to numerous cases of identity theft. Fraudsters forge signatures to indulge in fraudulent activities using your identity. They may use your forged signature on valuable documents including; contracts, art objects, identification cards, licenses, educational certificates, birth certificates and historical papers among others.

  1. Stolen/lost wallet or purse

How safe is your wallet or purse? Well, it is important to keep them in a safe place always. Countless people have fallen victim to identity theft after misplacing their wallets/purses. It is normal for people to keep their essentials in their wallets/purses every day which makes them easy targets for identity thieves. When you lose your wallet it is likely that your credit card, ATM card, driver’s license among other things will end up in the hands of criminals.

  1. Lack of vigilance

A large number of people are not vigilant enough in protecting their information. It is extremely important to be conscious of what’s going on around you. For instance, you should be very concerned if you happen to see a stranger rummaging through your residential trash cans. The reason being that identity thieves are fond of seeking for personal information on trash cans. You should also be vigilant to know who likes sitting on your computer desk whenever you are not around in case of something happening.

  1. Carelessness

Identity thieves are quick in taking advantage of your carelessness to acquire your valuable personal information. Sometimes people share too much information on social media about their personal lives and they end up paying a costly price for that carelessness. In other cases, people forget to log out their social media accounts or email accounts which allow identity thieves to strike easily. It is best to be extremely careful when sharing your essentials or credentials with unsolicited callers.

Conclusion

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