It is relatively easy from the standpoint of a thief to impersonate your online identity and assume your financial standing. Using your identity, a thief can open up a line of credit under your name and go on a shopping spree making you assume all of the responsibility until you rectify the problem. As more and more of our personal information gets warehoused online, protecting information against theft is a continuing challenge on both sides of the fence, customers and financial institutions alike.
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