Identity theft is when someone wrongfully acquires and uses a consumer's personal account information, credit, and identification.
Thieves may get individual information by hacking into computer systems, stealing purses or wallets, and change the victims billing address to a different location.
If an individual is to become a victim of identity theft, they must file a police report, close all accounts, and contact the three major credit bureaus.
To protect your identity, never carry around important information such as a social security card. Safely guard personal belongings... purses, wallets, etc. Make sure to treat trash and mail carefully because they can contain personal information.