Digital identity theft is a tremendously increasing crime in the modern era. As the fast pace of progressing technology is increasing in the world, so are the methods and the different criminally minded criteria. According to the survey of the recent past years, more than 9 million cases of identity theft were reported in the United States alone.

Online identity theft is a nightmare and is a major cause of concern to the people who are virtually inclined to the utilization of online banking services, online shopping services, e-commerce or the conduct of any financial transactions that takes place online. Hackers working online often monitor the financial transactions of these innocent and less aware people.

It is crucial to alert the online users about the threats of the online robbery for the protection from identity theft. The common base for the increasing familiarity of the threat of digital identity theft is the frequency by which hackers analyze the profitable ratio of the variety of criminal activities.

The most vital step to initiate protection from identity theft is to protect account numbers, passwords, pins and social security numbers. This information is most often stolen online so any person using online banking is prone to it.

The online scams are more likely to happen to those people who exchange their information online. The most illegitimate way to mislead people is through the process called "phishing". This involves sending spoof emails to individuals by the fake online thieves impersonating a financial institution or an online merchant. The spoof site that appears actually belongs to the thief or online hacker. When you enter your information, they have it and can use it against you.

The best protective way to safeguard from these online threats like phishing, spyware, and hackers is identity theft monitoring. The protection from such threats can’t be managed, but some protective measures can prove to be beneficial. Avoid giving your personnel information, photos, address and phone numbers on social media sites such as Orkut, Facebook, MySpace and Twitter.

Another effective way to secure your personnel identity and information is to use best online identity theft monitoring service. These services help the person using online services in the form of e-shopping and e-banking to uncover hacking attempts, monitor privacy and send alerts to take the appropriate actions. Along with that, such services also alert you if there is a threat of identity theft, credit fraud and purchase fraud online.