Identity fraud often involves acquiring what?

Identity fraud commonly involves acquiring a victim's personal data because this information is essential for impersonating someone. Personal data can include names, Social Security numbers, addresses, and other identifying information that allows the fraudster to establish credit, make purchases, or open accounts in the victim's name. The access to this sensitive information enables the perpetrator to execute various fraudulent activities while appearing to be the victim.

While financial assets, government documents, and employment records can also be targeted in identity theft, they typically stem from the initial acquisition of personal data. In essence, personal data serves as the foundational element that identity thieves leverage to commit further acts of fraud. Understanding this helps highlight the importance of protecting one’s personal information to prevent identity theft.