Identity theft is a serious problem that has grown dramatically over the past several years. The explosion in the information technology industry has made it faster and easier to access information and, consequently, to steal it. The Federal Government estimates that as many as 9 million Americans have their identities stolen each year. The financial and personal consequences of having confidential information stolen can be staggering and long-lasting. Once your identity has been stolen, criminals can withdraw money from your bank accounts, incur large credit card debt, and/or obtain loans or welfare benefits in your name. Victims must spend significant time and money undoing the damage and must maintain vigilance long after the crime has been detected to ensure that the problem does not recur.
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