Which of the following tends to be more damaging to the victim?
A)credit card theft
B)identity theft
C)Both are about equally damaging to the victim.
D)Neither is damaging to the victim.

Question

Quizplus · Accepted Answer

Identity theft tends to be more damaging to the victim because it involves the thief using the victim's personal information (such as their name, Social Security number, and birthdate) to open new accounts, take out loans, and commit other fraudulent activities in the victim's name. This can result in significant financial losses, damage to credit scores, and even legal troubles for the victim. Credit card theft, while still problematic, usually only involves unauthorized charges on a single account that can typically be resolved with a phone call to the credit card company.

Which of the Following Tends to Be More Damaging to the Victim