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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The term identity theft was coined in 1964. Since that time, the definition of identity theft has been legally defined throughout both the U.K. and the U.S. as the theft of personally identifiable information. Identity theft deliberately uses someone else's identity as a method to gain financial advantages or obtain credit and other benefits.en.wikipedia.org/wiki/Identity_theftIdentity theft is the unauthorized use of another's personal or financial information to defraud an individual or entity into obtaining goods or services. The term 'personal or financial information,' typically refers to a person's name, address, credit card, bank account number, Social Security number, or medical insurance account number.en.wikipedia.org/wiki/Identity_fraudIdentity theft involves obtaining somebody else's identifying information and using it for a criminal purpose. Most often that purpose is to commit financial fraud, such as by obtaining loans or credits in the name of the person whose identity has been stolen.en.wikipedia.org/wiki/Identity_theft_in_the_United_…
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Identity theft - Wikipedia
Identity theft, identity piracy or identity infringement occurs when someone uses another's personal identifying information, like their name, identifying number, or credit card number, without their permission, to commit fraud or other crimes. The term identity theft was coined in 1964. Since that … See more
Sources such as the Non-profit Identity Theft Resource Center sub-divide identity theft into five categories:
• Criminal … See moreIdentity thieves typically obtain and exploit personally identifiable information about individuals, or various credentials they use to authenticate themselves, to impersonate them. Examples include:
• Using public records about individual citizens, published … See moreIn their May 1998 testimony before the United States Senate, the Federal Trade Commission (FTC) discussed the sale of Social Security numbers and other personal identifiers by credit-raters and data miners. The FTC agreed to the industry's self … See more
International
In March 2014, after it was learned two passengers with stolen passports were on board See moreIdentity theft is a serious problem in the United States. In a 2018 study, it was reported that 60 million Americans' identities had been … See more
There is an active market for buying and selling stolen personal information, which occurs mostly in darknet markets but also in other See more
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