Identity fraud is defined as using an individual’s personal information for financial gain without their explicit consent, for example by withdrawing or transferring money, taking out a loan or applying for official documents.
This article focuses on victims whose personal data have come into the possession of the perpetrator by:
- copying bank or credit cards in shops or at ticket machines or cash dispensers (skimming);
- copying information regarding financial transactions over the internet, for example by hacking the victim’s computer or by using a hacked, fake or unreliable website (phishing/pharming).
More traditional types of identity fraud, e.g. using lost or stolen bank or credit cards, are not taken into account in this article.