Personal Information Theft refers to the unauthorized acquisition of sensitive personal data, such as social security numbers, bank account details, and credit card information. This type of crime can lead to severe consequences for victims, including financial loss and damage to their credit scores.
Criminals often use various methods to steal personal information, including phishing emails, malware, and data breaches from companies. Once they obtain this information, they can impersonate individuals, make fraudulent purchases, or even open new accounts in the victim's name, causing significant distress and financial harm.