Identity fraud is a considerable risk that we live with daily. Unfortunately, like death and taxes, it is inevitable, and while you can take every step to protect your data at home, your bank is always possible to get hacked.
So, what happens if your ID has been stolen? How can you tell if you are a victim of ID fraud? And what happens next?
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Your ID might have already been stolen
There is a strong chance that your ID has already been stolen. Over the years, a large number of data breaches have resulted in millions of records of data being leaked on the internet. Bank details, PayPal accounts, social media logins, mortgage applications, even medical records – pretty much every type of data you can think of has been leaked. These events occur thanks to hackers finding vulnerabilities in data servers, exploiting these, and reaping the rewards.
Meanwhile, there’s the risk of phishing from emails, SMS, and instant messaging. With one wrong click, you’re taken to a spoofed website designed to look …read more
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