Final answer:
Freezing an account is the best way for a bank to protect an identity theft victim by preventing unauthorized access. Monitoring and flagging suspicious activity are also crucial, along with canceling compromised cards if needed.
Explanation:
Freezing an account is the best way a bank can protect a victim of identity theft. Freezing an account restricts access to it, preventing any unauthorized activities.
Monitoring account activity can also help detect suspicious behavior. Banks can flag any unusual transactions for further investigation.
If necessary, banks might cancel compromised cards and issue new ones to prevent further unauthorized usage.
Learn more about Identity theft protection here:
https://brainly.com/question/30837019
