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IWhat Happens to an Identity Once it’s Been Stolen?

What Happens to an Identity Once it's Been Stolen? На How can a What else can What can happen to a stolen identity? business protect their customers' What's the value of When the thieves do with a stolen identity? identity is used stolen information? identities & privacy? 2$ 1 Open new accounts Criminals are usually in a race against the clock since banks and Once a data breach has Secure Documents, been discovered, the value of the stolen identities drops quickly. Equipment and Electronic Data customers rush to PASSPORT deactivate accounts 555 555 555 555 once a breach has been recognized. After the Target breach was 70% Obtain announced, stolen card information government ! documents The fraudster can use fell in price by as much as Implement robust identity verification and fraud stolen identity and account information, such as credit card data, to create a physical card that can be used to make store purchases. prevention methods that go beyond basic data matching - which fraudsters ! can easily manipulate with stolen identity information. Once customer account The reason for the price drop information is stolen, was because card information Obtain student data is sold in bulk to was advertised as "100% valid" financial aid cybercriminals, often on forums or websites. and guaranteed The criminal can now In the process of buying and selling, the price of an identity depends on a few factors buy items that can be easily resold and hard to trace, such as electronics and gift cards. 3 Once sold, the owner can use it or resell it again. Apply for a job Train Secure vendor employees relationships The more the criminal knows of the data about the data, that is still valid Drain checking and savings accounts the more valuable it is Create a response plan SOURCES sources: ÍDOLOGY

IWhat Happens to an Identity Once it’s Been Stolen?

shared by InfographicMarketing on Jul 22
Widespread data breaches and identity theft continue to be a serious problem, which is why it is important to understand how it affects all parties involved.


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