Identity theft is a crime where someone steals your personal information, like your name, Social Security number, or bank details, to impersonate you. This can lead to unauthorized purchases, loans, or even criminal activities in your name. Victims often face financial loss and a long process to restore their identity. To protect yourself from identity theft, it's important to safeguard your personal information. Use strong passwords, monitor your bank accounts regularly, and be cautious about sharing details online. If you suspect you've been a victim, report it immediately to the authorities and consider placing a fraud alert on your credit report.