Reasons for Stealing an Identity
There are many reasons to steal someone's identity. The most well-known form of identity theft would be the stealing of credit card information. Ordering items to anonymous mailboxes over the internet is more than possible and is easily very profitable for identity thieves. However, credit card theft is only one painful cybercrime experience for victims of identity theft.
An identity thief no longer has to aim at obtaining a victim's name, address and credit card number, there's actually a number much more valuable to them- the social security number. An identity thief can create a credit card using a victim's identity. All it takes is a name, social security number, and a third party address, the first two which can be stolen through the various methods mentioned in the previous section. Once the credit card has been created under the victim's name and sent to a third party address, the identity thief has successfully made a credit card without the victim knowing.
With a stolen social security number, an identity thief can open bank accounts and write checks using the victim's identity. They can sign up for prescriptions meant for the victim and use or sell them. A stolen social security number could be used to smuggle in illegal immigrants and get them jobs under the victim's identity. An identity thief can even operate a fake business using the victim's social security number.
The possibilities are fairly endless. Whatever a victim can do with a social security number, an identity thief can do the same. Most victims don't know until their credit ratings are damaged and even after recovering, a social security number is not easily changed, so the chance of getting struck again is always lingering.