Final answer:
A data breach is the term used when an identity theft incident involves breaking into a database to steal personal identity information. It poses significant risks to personal finances and security, and increasing online activities can heighten vulnerability to such cyberattacks.
Step-by-step explanation:
An identity theft incident that involves breaking into a database to gain personal identity information is called a data breach. Identity theft is a serious issue where someone unlawfully acquires and uses another person's personal details such as a social security number, bank account, or credit information without their consent. The repercussions of identity theft are severe; perpetrators often deplete victims' savings accounts or incur substantial debts by purchasing luxury items illegally under the stolen identity.
The threat of identity theft extends to breaches in national security, financial institutions, and private corporations. High-profile incidents including the leaks of celebrities' personal photos and large-scale data breaches at major retailers and banks highlight the scale and impact of such security compromises. Moreover, individuals may also inadvertently expose their information by engaging with phishing emails or unsecure websites.
Overall, as our usage of the internet expands, so does our exposure to potential identity theft. Every online interaction, whether for social connection, business transactions, or data storage, increases the risk of falling victim to determined hackers. Protecting against identity theft requires both vigilance in digital engagements and strong cybersecurity measures.