Report identity theft If you have been a victim, do not hesitate to call the police or any authorities that can help you. Remember that this is not just a simple theft that you can just forget about afterwards. Losing your identity can have a lot of repercussions not only in terms of personal properties but also with social reputation. Because of the big market for financial products such as credit cards, credit institutions have made it easier for people to apply for credit cards. This in turn has made it easier for people to give out their personal information that can be at risk of being stolen. Even having these credit applications available online has proven to be a big reason for the increase of identity theft. Beyond Identity Theft Law In a civilized world, having law to condemn felony is a mainstream practice to protect personal freedom of citizens. Every educated, adult knows the concept of universal right and wrong as far as execution of freedom is concerned like the way no one kills to end someone else's life. The impostor can then run charges on your account without you even knowing it because your bills are being sent to a different address. With your stolen credit information in the wrong hands, impostors may also be able to open new credit card accounts in your own name. When using these credit cards and foot the bill in your name, such delinquencies will be reported on your credit report. , meaning, nobody escapes from these online harassments leading to crime of fraud. Online phishing happens when a scam message in your internet suggest something into validating your information records in your bank, your affiliate financier, passwords, stating the urgency of the need to update records. A high caliber business company will always protect the interests of its customers. Though identity theft cases left many victims alone, hurdling to claim innocence, companies never stop finding security alternatives even to the point of hiring reputable hackers themselves to help them with their system loopholes.