How is identity theft defined in this context?

• A. A method of securing digital identities with multi-factor authentication.
• B. A crime that involves someone pretending to be another person in order to steal money or obtain benefits.
• C. A legal procedure to claim someone else's identity.
• D. A method of anonymizing personal data to prevent fraud.

Answer: (B)

Identity theft is a crime in which someone pretends to be another person in order to steal money or obtain benefits. The essence is impersonation used to gain financial advantage or access resources that belong to the victim, often by using stolen personal information to open accounts, apply for loans, or make purchases. This concept highlights the breach of trust and privacy that occurs when someone assumes another person’s identity for fraudulent gain.

The other descriptions describe defensive practices or procedures rather than the act itself: securing digital identities with multi-factor authentication is about preventing theft, a legal procedure to claim someone else’s identity isn’t an act of theft, and anonymizing data aims to protect privacy rather than describe the crime. For example, someone might use another person’s identity to withdraw funds or open credit in that person’s name.