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The True Cost of Identity Theft

Identity theft isn’t just about stolen money — it’s about stolen lives. In 2025, identity fraud is one of the fastest-growing crimes worldwide, and Australians are not immune. Beyond drained accounts, victims face lasting damage to credit scores, reputations, and peace of mind.

What is identity theft?

Identity theft occurs when criminals steal personal details like your name, date of birth, driver’s licence, Medicare card, or passport data. With these, they can open accounts, apply for loans, or commit crimes in your name.

The cost of identity theft

  • In Australia alone, identity crime costs billions annually (source: ACCC Scamwatch / Aust. Cyber Security Centre).
  • Victims spend months or years untangling fraudulent accounts.
  • Emotional toll: stress, anxiety, loss of confidence.

How identity data is stolen

  • RFID skimming of passports and ID cards.
  • Phishing and online scams.
  • Physical theft of wallets or mail.

How to protect yourself

  1. Shield your documents. Use RFID-blocking products like the Passport Sleeve or Global Protect Card.
  2. Limit what you carry. Only take essential cards and ID when leaving home.
  3. Stay alert online. Use strong passwords and avoid oversharing personal data.

Skimguard solution pointer

For passports → Passport Sleeve or Passport Traka. For wallets → Global Protect Card or Travel Pod.

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