In simple terms, impersonating another person by stealing their unique identity and using it for wrongful purposes fall under Identity Theft. The internet is filled with cyber attackers that are constantly trying to get personal details of other individuals and using them for their own wrongdoings. The hackers usually take personal details of another person and use it to access their financial data, private communication such as messages and emails and social media accounts. There are so many cases of credit card fraud reported every year all over the world in which unaware victims are contacted by a hacker using either a phishing email or a fake phone call to provide their personal data such as log in i.ds/ user names and passwords. The caller often scares the victim by threatening closure of their account or deletion in some cases unless they give the details required immediately.
On the other hand, hackers are also using malicious software and code snippets to commit computer hardware identity theft by getting the needed information they require to steal someone’s identity and gain access to their records. Using keystroke loggers and sniffing data packets, these individuals are able to record the username and passwords of regular unwary people and use the data for their own benefits. With the advancement of internet technologies, cybersecurity over the last 2 decades has become paramount for both companies as well as government agencies. Often computer hackers target pawnshops and flea markets to buy old computers and hard drives which are then accessed to find information from previous owners. Many IT experts and companies thus recommend using the sanitization process to remove any records of data from the machine. The process basically wipes off the entire record of data by re-writing it with gibberish code to remove any traces of data. Although there have been many tools developed in recent years that can help recover data from damaged hard drives, which means the only sure way to keep your data safe is to physical damage the hard drive before disposing of it.