Which of the following is a key component of recovering from identity theft?

Correcting credit reports is a fundamental step in recovering from identity theft because the victim's credit history may have been adversely affected by fraudulent activities. Once identity theft occurs, unauthorized accounts or transactions can appear on the victim's credit report, leading to a drop in credit score and potential difficulties in obtaining loans or credit in the future.

By actively correcting credit reports, the victim can ensure that accurate information is represented, which may involve disputing fraudulent accounts, providing documentation to credit bureaus, and following up to guarantee that the corrections are made. This process not only helps restore the victim's credit standing but also signifies to lenders and financial institutions that the individual is taking ownership of the issue and working towards resolution.

In contrast, ignoring the issue can lead to further financial damage and lack of resolution. Contacting social media platforms may not directly address the core issues related to identity theft, such as credit damage. Changing one's name might provide a temporary solution, but it does not effectively resolve the underlying problems associated with credit and identity theft. Thus, correcting credit reports is the most strategic and necessary component of identity theft recovery.