What is your most important asset? Is it your money? Your gadget? Your home? Your car? Well, if you’ve chosen one among these options, you’re probably right. But there’s still one asset that supersedes all of these-your identity. What you should know is that as much as you try to do everything to protect your assets, you must exert more effort into implementing identity theft protection measures.

Identity theft is a crime. It happens when a person uses another person’s confidential information to establish credit, purchase goods and services, by using existing credit cards or apply for new cards in the victim’s name, withdraw money from your bank accounts, or get approved for loans by posing as you.