logo logo

Guard against Identity Theft

Guard against Identity Theft Every year, around 10 million Americans fall prey to the crime of identity theft. So many thieves deplete the account of their victims through the purchase of many different things using their victims’ credit card/s. The end result is always an individual with a damaged credit and huge amount of debts. Though the Internet helps individuals and businesses by making communication and the exchange of information so much faster, it also is instrumental in crimes as scam artists are now able to use it to commit their con crimes faster and much easier too. Identity theft is a major threat to many. It involves the illegal acquisition and use of someone else’s personal information for economic gain. More than $50 billion in losses from as many as 10 million working Americans are recorded every year; almost the same amount of money spent by U.S. firms in thwarting attempts of identity thieves from gaining (unauthorized) access to their files and data banks. Battling identity theft requires companies, especially those possessing information about personal and business accounts, to come up with a serious and solid program that will enable them to easily and immediately detect, and stop this type of crime. To step up the fight against...