Identity Theft [Meaning] - MasterTerms.com

Identity Theft

Identity theft is the unauthorized use of someone else’s personal information to commit fraud.

This crime typically involves stealing sensitive data through various means, including phishing, hacking, or physical theft, allowing the perpetrator to impersonate the victim, open accounts in their name, or make purchases, leading to significant financial and emotional damage for the victim.

Identity Theft Example

For example, if someone steals a person’s credit card information and uses it to make online purchases without their consent, that is considered identity theft.