Identity Theft in the UK

Cases of identity theft in the UK have grown at an alarming rate in recent years. The effects of identity theft are far reaching and can take months and even years to correct. There is also evidence of links with organised crime, especially in the trafficking of illegal immigrants. These people need new identities and what better way to do it than steal another persons identity. It can be also be very difficult to identify the criminal in these kinds of theft situations.

UK Government estimates put the cost of identity theft in the UK at around 1.3 billion pounds per year which accounts for 10% of all fraud committed over the same period.

Many people think of identity theft only in situations where a credit card has been used to purchase goods or services without the knowledge of the account holder. However, while this is one of the ways that a person’s identity can be stolen there are many other ways that a person can use a stolen identity.

Bin Raiding

Known as dumpster diving in the US, would be identity thieves routinely rummage through dustbins to look for information that can be used to steal your identity. With the right information, they can then open accounts or take out loans in your name.

The answer to this problem is to invest in a paper shredder and always shred anything that may have any of your personal details on. Documents such as bank statements, credit card receipts or pre approved credit card offers. In fact, anything that has your name and address on should ideally be shredded

Account Takeover

Would be identity thieves gather details about your credit card account by looking at discarded receipts or statements. They will then change the address details, order new cards and then charge your credit card account up to its limit.

Once again, the answer is to shred all statements and receipts before throwing them in the bin. Also, make sure that your credit card statements arrive when they should and if not, notify your credit card company immediately.

Credit Card Skimming

This is where the criminal will use something called a skimmer to copy your card details electronically.

The answer to this type of theft is to never let your card out of your sight and always reconcile your credit card statements with the receipts. If you come across any transactions that do not tally, notify the card issuer immediate.

Email Phishing

Scam emails that are sent out purporting to be from your bank or credit card company asking you to update your personal security details such your password or personal identification number (PIN).

In all cases, you should delete the email immediately and never click on any links in that email. Always remember that your bank or any other financial service will never ask you for these details

Deceased Person Fraud

As offensive as it may seem, there are would be identity thieves out there that scan the obituary columns of newspapers in order to gather details of deceased persons. They then build up paperwork and other information to apply for identity documents.

Although difficult to tackle, the ultimate answer is not to put death notices into local papers.

It is important to be aware of all the different ways that identity theft can occur. Awareness will help you to take the necessary actions and hopefully prevent identity theft happening to you.

 Information Security and ID Theft
 What Identity Theft is About
 How Identity Theft Works
 Signs of Identity Theft
 Identity Theft Credit Repair
 Identity Theft in the UK
 Type of Identity Theft
 Why People Commit ID Theft
 Criminal Identity Theft
 Information About Identity
 Passport Identity Theft
Credit Card ID Theft
 Credit Card Identity Theft
 Pre Approved Credit Cards
 Debit and ATM Card Identity Theft
ID Theft In Business
 Business Identity Theft
 Access Code Identity Theft
Identity Theft On The Internet
 Identity Theft Phishing
 Online Identity Theft
Protecting Against ID Theft
 Learn Identity Theft Protection
 Guard Against Identity Theft
 Need Identity Theft Protection
Document Shredders
 Cross Cut Paper Shredders
 Confetti Paper Shredder
 Heavy Duty Paper Shredder
 Paper Shredders Office Use
 Cross Cut CD Shredder
Identity Theft Reporting
 Identity Theft Reporting
 How to Report Identity Theft
 Report Stolen Credit Cards
 Stolen Personal Checks
 Credit Reporting Agencies