Identity theft cases are so common now. Identity theft occurs when a criminal infringes the privacy settings of your computer. And when they succeed, they steal important personal information.
There are dire consequences that could take you years to do away with. Even if they know the risk of neglecting personal data online, some people just do nothing. They wait until an identify theft disrupts their life. Here are common consequences.
Money theft from government accounts
Older folks have schemes with the government: Social Security and Medicare. Identity theft criminals steal social security codes. Then they use them to enter government accounts. Once they withdraw all the savings, the government cannot refund any money.
Theft of credit card data
Once a criminal steals your credit card data, they will start using it as they please. After all, you will be the one to face the credit card company. By the time you realize, you will have maxed out cards. As well, you will have a damaged credit rating. And with a poor credit rating you cannot get a car or home loan with ease.
Data breaches are happening daily
Americans endure 28,880 identity theft issues every day. Hence, it is just a matter of time before you get an attack as well. But this is if you don’t act now.
You cannot work in the fast food industry
Cases of identity theft are so common. So the fast food industry employers are doing credit checks. Thus, if you have a poor credit rating due to a case of identity theft, you will not get a job. Even your volatile bank slips could affect your ability to get a job. So you could end up working any job that pays a little over the lowest wage.
The criminal disappears without a trace
It is so difficult to realize right away that you are a victim of identity theft. You will realize it many months later. And this means that the thief will be long gone. Unless you find out almost immediately, there is no chance. The criminal will walk away unhurt. Then they will continue damaging lives.