With all business and financial transactions done through computers and online means, it has made information very valuable as well as very vulnerable to theft. Your personal information has become a very valuable asset. Anyone who can get hole of it can use it to their advantage at your very expense. The fraud alert will notify the creditors to contact you before opening any new accounts under your name or making any changes on your existing account. Another step that you can take is close the account that you believe have been tampered by outside unknown sources. You should also try to file a report at the local police station. Therefore, the question in everyone s mind is: How can we protect ourselves and our families from identity thieves? The first thing that any individuals wanting to be protected from identity number theft must do is to be informed and educated. Each and everyone of us should be aware of the procedure o protect our personal number from identity number thieves. Identity theft is a crime. Identity theft is a term used to refer to all types of crime in which someone illegally obtains and uses another person's personal data in a way that involves lies or deception, mostly for economic gain. Identity thefts is one of the fastest growing crimes in the country and what can be really frustrating about this is that you cannot really know how fast it is growing. No matter how many kinds of imposed protection is done to avoid intrusion of privacy through chains of private information through government and non-governmental listings, the problem is sieved by the clever manipulations of the offenders. Free enterprise in the U.S. made this dilemma very rampant in every exchange of business transactions through various means of handling and disseminating cash flow. Sounds a very valid source but a lot more of a scam message, with the intention of stealing credit lines from your financing sources. Results worsen, with the complete extracted information taken by this operator, if crime has intensified, against the stolen credentials, he could turn you over to authorities, put you into a pitiful scenario on a very long-termed redemption to financial recovery.