Identity Fraud
Why secure your identity?
Fraudsters generally hide behind another person’s identity to obtain anonymity and avoid detection. Identity Fraud enables criminals to carry out employment and payment fraud and many other scams safe from detection.
Once someone has compromised your identity they can use your personal details to commit crime, smuggle people across borders, open bank accounts in your name, buy goods and services on your account, steal money from your bank account
and generally act as if they are you, and typically it can take an average of 12 months for you to find out. For these reasons criminals place high value on stolen or compromised identities is such that they trade them internationally across the internet. This makes identity one of the most important enablers to fraud.