Thursday, October 29th, 2009

Picture this, you are browsing through your mail, you get your bills and you didn’t count on seeing your credit card bill with a five-figure charge. Its bad enough that you get charged for purchases you didn’t do, you also get slapped with a bad credit rating that will certainly jack up all your credit rates. Aside from that, the legitimate card holder can also suffer from different consequences. The credit account can be transferred to fraudulent individuals or corporations and the savings data will leak permanently.  Important information like credit card password and numbers are also stolen. Client’s confidentiality can also be changed by the impersonator. Worse, the social security of a person may be used for different criminal acts.In most part of the globe, the issue on identity theft is a rapid growing offense. In United States, a study was conducted last 2004 revealing how serious the situation of the crime is. The Federal Trade Commission recently concluded that almost 9.1 million individuals are victims of identity theft crimes. 

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