Which identity theft method involves stealing information from trash?

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Study for the Personal Financial Literacy Module 4 DBA Test. Discover valuable flashcards and multiple choice questions, each crafted with hints and insights. Be ready to ace your exam and build financial confidence.

The method involving stealing information from trash is known as dumpster diving. This technique is employed by identity thieves who sift through discarded materials, such as old documents and receipts, to find personal information like Social Security numbers, bank account details, or credit card information. By gaining access to this sensitive data, they can assume someone else's identity and engage in fraudulent activities.

In contrast, phishing involves using deceptive emails or websites to lure individuals into providing their confidential information. Catfishing refers to creating a fake identity online, typically in social media or dating contexts, to deceive others. Skimming is a method where thieves use devices attached to ATMs or point-of-sale terminals to capture card information from unsuspecting users. Each of these methods involves different approaches to identity theft, but dumpster diving specifically focuses on retrieving discarded information.

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