This information is then used to carry out fraudulent activities, such as applying for loans or credit cards in the victim’s name. Data breaches: Data breaches occur when cybercriminals gain access to a company’s database containing personal information such as names, addresses, Social Security numbers and credit card details.Here are some of the most common causes of identity theft:
Identity theft can happen in a variety of ways, but all involve the use of your personal information to commit fraud.