Identity theft is when thieves steal your personal information in order to take over or open new accounts, file fake tax returns, rent or buy properties, or do other criminal things in your name. In other words, criminals pretending they’re you.
LifeLock works to find and help fix identity theft problems, including Social Security number misuse and investment account fraud. With hands-on tools and an award-winning Members Services team, they put confidence, transparency and proactivity at your fingertips.
What Is Identity Theft?
If the wrong people get their hands on your Social Security number, credit card information, birth date or any other personal information, they could potentially empty financial accounts, buy property and even commit crimes–all in your name. Sometimes it could take months or years before anyone even notices. And, unfortunately, there are many ways identity thieves can wreak havoc:
- Sell personal information on black market websites
- Open new accounts
- Manipulate sex offender registries
- Manipulate criminal court records
- Get payday loans
- Take over bank accounts
- Drain 401K accounts
- Get wireless services