What type of identity theft involves the illegal use of a victim's bank account and credit card information?

The correct answer is financial identity theft, which specifically pertains to the illegal use of a victim's bank account and credit card information. This type of identity theft focuses on financial gain and involves unauthorized transactions, draining bank accounts, or accruing debt through the wrongful use of stolen financial information.

When someone steals another's financial credentials to gain unauthorized access to their monetary resources, it falls under financial identity theft. This can include activities like making purchases with stolen credit card information, stealing funds directly from a bank account, or using personal information to open new lines of credit in someone else's name.

Other types of identity theft mentioned, like criminal identity theft or tax identity theft, have different focuses and implications. Criminal identity theft typically involves impersonating someone to commit crimes, potentially implicating them in illegal activities, while tax identity theft occurs when someone uses another person's personal information to file fraudulent tax returns and receive refunds illicitly. Identity cloning refers to a broader range of identity-related thefts where an individual's identity is used to create a persona for various fraudulent activities, but it is not as specific to the financial aspect as financial identity theft.