What is at stake when somebody steals sensitive information and uses it for exploitation for financial gains?
Suddenly, someone else is using your name and your credit card. What can they do? How fast can a thief move to take advantage of the time? How far can one go in dire of finance to make the most out of your information? The fact is, you don t even know that your worst nightmare is happening behind your back, at this very moment. Now, you are faced with the challenge with no means and knowledge to even start with. How can you ascertain that you are a victim of identity theft? Can you unearth the roots and be able to provide the necessary solutions?
The criminal mind can be playful and subtle or fast and unrestrained. However they act, they can utilize your credit card extensively and abuse your information to do as much as they can as fast as possible. What you have to think about for prevention or solutions provision is to think like the criminal yourself.
I am part of a big company wherein I have all the means and time to hack the restricted files of our clients:
& #61692; I can use my position to gain information.
& #61692; I can hack the company s classified files.
& #61692; I can abuse the trust given to me by the boss and use passwords to deliberately gain the information of other people.
& #61692; I can delve in dumpster diving and look for unshred documents that may contain what I need.
I have someone else s information/credit card/birth certificate and other IDs, what can I do?
& #61692; I can use the credit card to go on a spending spree
& #61692; I can apply for loans under the victim s name and personal information.
& #61692; I can use the information gathered to open bank accounts and other available services for my gains.
& #61692; I can change the mailing address so that the victim will not know about my illegal actions and future damage that I may cause with another s information.
& #61692; I can file for bankruptcy so that I will not be held responsible for the debts incurred on the credit card.
& #61692; I can give the victim s name and other information for police investigation or arrest so that I do not have to appear in court.
I now have what I need. I expect the owner to discover identity theft as soon as the victim checks on a credit card report. Therefore, I need to utilize this credit card and the owner s information as expansive as possible and in the fastest time workable. I need this money…I am in dire need of it.
Now, the plan has been laid out. You know what will happen and what can happen when someone steals your credit card and has your identification. What can you do? Think fast. Think clear. The thief has all day to go on a spending spree without your knowledge. How critical can you move? How effective can your move be?
Can you handle the adrenaline?
Author Resource:
This article has been provided by http://www.free-credit-reports.com , where you can compare credit report and identity theft protection services with this comprehensive chart of all credit report and credit score service providers.
![[Valid RSS feed]](http://www.look4articles.com/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Category Rss Feed
Print This Article
Add To Favorites
![[Valid RSS feed]](http://www.look4articles.com/images/rss.jpg "XML Feed For RSS")