Growing identity theft and cybercrime in today’s society

In this age of digitalisation, technology is primarily directed at confidential data and immense amounts of information. However, every day, new technological parameters are introduced, and people are bombarded with them. The information can be regarding banking, accounting, or personal biometrics. Due to the rapid rise of technological advancement, a higher chance of identity theft and cybercrime can also be seen in today’s evolving society.

Identity theft is a form of fraud that is done by using the personal information of someone else whose information is not authorised to be used by someone other than him under the law. It is the criminal use of any individual’s name, security number, personal identification number, or composition of any such predominant information that is unique to the victim to gain a disproportionate advantage, preferably financial.