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Identity Theft
What is identity theft?
Identity theft happens when someone uses your personal
information to impersonate you. Consequences are serious for both
consumers and businesses.
If a thief uses your personal information to obtain credit,
social benefits or official documents like a birth certificate or
driver’s licence, that thief could also steal your money or property
and affect your credit rating. You could even be arrested for a
crime you didn’t commit. It may cost you considerable time and money
to set records straight.
A business considered liable in the theft of a customer’s
personal information may suffer financial losses resulting from a
ruined reputation, lost customers and damage claims by theft
victims.
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