How technology has changed society through identity theft
Zaida Liciaga
Turabo University
Prof. Myra Velez
Abstract
Until not long ago, when a thief stole the wallet or briefcases, money was all he intended. That is changing, now the most valuable is the number of your credit card, debit cards, checks and other documents containing personal information. Currently this type of fraud are based on stealing confidential information through social networks. Identity theft is one of the fastest growing crimes in the nation. Social networks are easily exploited by criminals and because they offer great confidence to users, are getting used to a greater extent for identity theft attacks.
How technology has changed society through identity theft …show more content…
Today, the number of users communicating, make purchases, pay bills, conduct business and to consult with their doctors now exceeds 200 million. Computer criminals are as diverse as their crimes; it may be students, terrorists or organized crime figures. Computer criminals can sabotage computers economic advantage to beat your competitors or threaten to damage systems in order to commit extortion. Hackers manipulate data or operations, either directly or through so-called "worm" or "virus" that can completely paralyze systems or erase all data on the hard disk. In addition to the raids by the particular Web pages, criminals may open their own sites to defraud customers or sell forbidden goods and services such as weapons, drugs, nonprescription or regulation and pornography.
What is Identity Theft?
Theft or identity fraud occurs when someone steals information that defines the identity of another person, such as your name, number driving license, passport number, bank accounts numbers and credit card numbers, in order to obtain the benefits that correspond to that person. Those benefits can be financial, such as access to their accounts and credit cards, or they can be reputational, as they can use your identity to get an employment or commit a crime. …show more content…
This difference
is due to the severity of the crime - for example a lost credit card versus the use of your social
security number to become your "evil twin."
26-32% of victims spend a period of 4 to 6 months dealing with their case and 11-23% report
dealing with their case for 7 months to a year.
Monetary Costs of Identity Theft
40% of business costs for individual cases of identity theft exceed $15,000. The Aberdeen
Group has estimated that $221 billion a year is lost by businesses worldwide due to identity
Theft , Victims lose an average of $1,820 to $14, 340 in wages dealing with their cases
Victims spend an average of $851 to $1378 in expenses related to their case
Practical and Emotional Costs of Identity Theft
47% of victims have trouble getting credit or a loan as a result of identity theft
19% of victims have higher credit rates and 16% have higher insurance rates because of
identity theft 11% of victims say identity theft has a negative impact on their abilities to
Zaida Liciaga
Turabo University
Prof. Myra Velez
Abstract
Until not long ago, when a thief stole the wallet or briefcases, money was all he intended. That is changing, now the most valuable is the number of your credit card, debit cards, checks and other documents containing personal information. Currently this type of fraud are based on stealing confidential information through social networks. Identity theft is one of the fastest growing crimes in the nation. Social networks are easily exploited by criminals and because they offer great confidence to users, are getting used to a greater extent for identity theft attacks.
How technology has changed society through identity theft …show more content…
Today, the number of users communicating, make purchases, pay bills, conduct business and to consult with their doctors now exceeds 200 million. Computer criminals are as diverse as their crimes; it may be students, terrorists or organized crime figures. Computer criminals can sabotage computers economic advantage to beat your competitors or threaten to damage systems in order to commit extortion. Hackers manipulate data or operations, either directly or through so-called "worm" or "virus" that can completely paralyze systems or erase all data on the hard disk. In addition to the raids by the particular Web pages, criminals may open their own sites to defraud customers or sell forbidden goods and services such as weapons, drugs, nonprescription or regulation and pornography.
What is Identity Theft?
Theft or identity fraud occurs when someone steals information that defines the identity of another person, such as your name, number driving license, passport number, bank accounts numbers and credit card numbers, in order to obtain the benefits that correspond to that person. Those benefits can be financial, such as access to their accounts and credit cards, or they can be reputational, as they can use your identity to get an employment or commit a crime. …show more content…
This difference
is due to the severity of the crime - for example a lost credit card versus the use of your social
security number to become your "evil twin."
26-32% of victims spend a period of 4 to 6 months dealing with their case and 11-23% report
dealing with their case for 7 months to a year.
Monetary Costs of Identity Theft
40% of business costs for individual cases of identity theft exceed $15,000. The Aberdeen
Group has estimated that $221 billion a year is lost by businesses worldwide due to identity
Theft , Victims lose an average of $1,820 to $14, 340 in wages dealing with their cases
Victims spend an average of $851 to $1378 in expenses related to their case
Practical and Emotional Costs of Identity Theft
47% of victims have trouble getting credit or a loan as a result of identity theft
19% of victims have higher credit rates and 16% have higher insurance rates because of
identity theft 11% of victims say identity theft has a negative impact on their abilities to