Identity fraud generally involves which of the following actions?

Identity fraud primarily involves actions that compromise someone's personal information in order to impersonate them or manipulate their identity for financial or personal gain. The correct answer focuses on the act of compromising someone’s computer account, which is a direct method through which an individual's sensitive data can be accessed, such as usernames, passwords, and personal identification information.

When a fraudulent actor gains access to someone’s accounts, they can perform various malicious activities, such as making unauthorized transactions, conducting identity theft, or applying for loans in the victim's name. This kind of compromise can happen through phishing attacks, malware, or other means of breaching security.

In contrast, establishing a new bank account does not inherently relate to identity fraud unless it's done using someone else's identity without their consent. Creating strong passwords and developing software security directly contribute to preventing identity fraud rather than participating in it. These actions are preventative measures that individuals and organizations should adopt to safeguard personal information against identity fraud.