Identity theft and identity fraud are separate crimes that are commonly confused.
Identity theft is when a fraudster steals personal details (including credit card details, social insurance number, driving licence, usernames, and passwords) with the intent of posing as the individual.
People can obtain this information through various methods, such as:
People can obtain this information through various methods, such as:
- Intercepting mail
- A stolen wallet
- Phishing emails
- Hacking your computer through an unsafe internet connection.
Identity fraud is using this stolen information to commit a crime, either by purchasing goods with a stolen credit card or applying for credit in someone else’s name.
It’s important to monitor your credit report for unrecognised transactions. Be sure to dispute any information you don’t recognise with TransUnion.