Identity Theft Essay

Identity theft is not new, there have always been fraudsters who would use somebody else's personal data such as name, social security numbers (SSN), credit card information or other identifiable information to carry out fraudulent activities. While recent advancements in computer processing make it easier for commercial enterprises and consumers to reach each other, they can also be suitable grounds for an impostor to obtain personal identifiable information to commit a crime. Microsoft (2012) extended the definition of identity theft to be whatever sort of fraud that results in the deprivation of personal information, such as passwords, user names, banking information, or credit card numbers. An Internet Usage Statistics, published by the Miniwatts Marketing Group (2011) establishes that the worldwide Internet users in December of 2000 was "360,985,492", and increased to "2,267,233,742", in December 2011, a growth of 528.1%. According to James (James, 2010), fears in consumers' security can be categorized in three ways: the fear of identity stealing and fraud; a negative perception of the merchant's security practices; and hesitation during the check procedure. However, technology, mainly the Internet, facilitates more harming schemes that in many cases results in financial losses and in some cases the victims of identity may experience difficulty getting credit or restoring their name. (Hernández…

believes that their user’s data is secure, hackers find their way to obtain user’s private data and use it for the benefit of the criminal. Identity theft was the number one complaint category in the CSN for calendar year 2014 with 13% of the overall complaints. The purpose of this study is to explore the increasing cases of identity theft through internet. Specifically, this paper focuses…

Identity Theft Now a day’s identity theft is made more possible because of the nature of modern payment systems. Identity theft involves getting enough data about another person to forge a link, allowing the thief to obtain goods and services all while using the charge from another person’s account. Unspecified data-based connections have characterized the credit payment system for years now. In recent years wholesale trade has become even more anonymous and more reliant on consumer data, as…

Another challenge corresponding to the use of electronic money is the issue of identity theft. Identity theft is as appalling a crime as mugging someone on the street. Although generally speaking there is no physical injury involved in cases of identity theft, the end result is the same, and an innocent person loses his or her money. Identity theft may be the greatest challenge to the safe use of electronic money as a person with the right information can open a credit card account or obtain…

Identity Theft, a Real Issue. In recent years, the technological revolution has allowed humans to simplify their daily life. And that is almost because of the discovery and the improvement of the internet. In fact, previously, people had to fulfill a number of tasks to accomplish a particular duty. For instance, to buy clothes, food, or to book concert tickets, they had to go to the place of sale to get served, even though the distance was far away. But today, it’s no longer necessary. With just…

Identity Theft Introduction The history of identity theft can trace its roots back before the Internet became the main avenue of communication. Moreover, the internet is an important avenue for criminals to obtain and acquire any information they want to steal the identity of a person. Primarily, it is used to take advantage of individuals, once necessary information about the targeted individual is obtained. The most common methods used to obtain the personal information such as credit card…

commit identify theft, cyber stalking, fraud, and more. A popular computer crime these days is identify theft, in which an thief will use a person personal information to get money by opening credit cards and other types of accounts, may use health information to get medicines or medical equipment, or use the information for other malicious needs. The identify theft is a computer crime that victimizes a person and it can take years to recover. Today, society is more vulnerable to identity theft…

money or identity? If so you have probably heard of identity theft. Identity theft is crime in which a person collects key pieces of personal information, such as your name, date of birth, address, social security, and maybe even your mother's maiden name to impersonate someone else. This key information can lead to many fraudulent acts. Some examples are obtaining credit cards and loans in someone else's name and then not paying the bills, opening utility accounts, renting an apartment or…

Identity Theft Protection by IFSM 201 Feb 25, 2015 According to the Federal Bureau of Investigation (FBI) “… a stolen identity is a powerful cloak of anonymity for criminals and terrorists…and a danger to national security and private citizens alike…” (Identity Theft, 2010). Identity theft has been for many years the number one growing crime across America. According to the Bureau of Justice and Statistics (BJS) 16.6 million people were victims of Identity theft in 2012, with…

Identity Theft has played an enormous role in Florida’s economic status. Identity theft is when a person’s private identifying information is obtained by an imposter. Imposters often take misuse an individual’s personal information such as social security, driver’s license numbers for economic gain. According to the Stop Identity Theft act of 2015 and s.775.05 article, Their goal is protect vulnerable group of people such as elders, veterans and minors from becoming victims or otherwise used in…