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Today's Terms
Counterfeit credit cards
Definition:
Once your information has been obtained, thieves often counterfeit credit cards to authorize electronic transfers in your name, eventually draining your bank account.
Database fraud
Definition:
Hackers will easily find their way to any personal information stored on computer or marketing databases. Keep financial information off any marketing and billing databases.
Fraud alert
Definition:
Once you have become a victim of identity theft, a fraud alert is placed on your credit report to let all creditors know that someone might be trying to obtain new credit in your name.
More Identity Theft Terms >
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State Statutes Resource Center 