Common Types of Identity Theft

To protect yourself from any kind of ID theft, it's important to be careful with your personal information. An identity theft protection service can go a long way toward keeping your information safe and promptly notifying you if someone may have stolen it.

That said, here are some common types of identity theft you should know.

Financial Identity Theft 

Financial identity theft is “the compromise of your existing financial account(s) or the creation of new financial accounts by an unwanted third party acting in your name," according to the Identity Theft Resource Center.

Financial ID theft can involve any account that someone else opens and uses without your consent and for which you are financially liable. This could be a credit card account, a subscription, insurance, a loan, or some other type of account. Most of the time, attackers steal this information in data breaches or purchase it from the dark web.

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