Identity theft

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  • Identity Fraud And Identity Theft

    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…

    Words: 908 - Pages: 4
  • Essay On Identity Theft

    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…

    Words: 1122 - Pages: 4
  • Problem Of Identity Theft

    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…

    Words: 1098 - Pages: 5
  • Identity Theft

    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…

    Words: 1552 - Pages: 7
  • Identity Theft Protection

    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…

    Words: 1090 - Pages: 5
  • Identity Theft Essay Introduction

    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…

    Words: 1844 - Pages: 8
  • Technology: Victims Of Identity Theft

    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…

    Words: 1567 - Pages: 6
  • Identity Theft Affidavit Essay

    What are the necessary arrangements for identity theft affidavit? Description: Identity theft affidavit can be successfully maintained or managed with the use of different special types of arrangements and you have to be very much concentrated towards these kinds of arrangements. The victims of identity theft are now growing up in number these days and this is the very reason that identity theft affidavit has come into being. Every year, almost millions of victims are getting produced in…

    Words: 2188 - Pages: 9
  • Theft Vs Identity Theft Essay

    Identity theft and credit fraud seem to be a common dilemma in our society. After looking over the PowerPoint and doing research, I learned that identity theft can have more negative impact on your life than credit fraud. When your credit card is stolen, all a thief can do is max the card out or open another account. If you’re a victim of credit fraud, sometimes the credit card company alerts you of any unauthorized purchases or unusual spending amount, which prevents further damage from…

    Words: 289 - Pages: 2
  • Preventing Identity Theft

    Introduction Having your identity stolen is a very difficult thing to have to deal with. It could prevent you from paying bills and obtaining credit, and the only way to prevent your identity from being stolen is by protecting it. Identity theft is one of the fastest growing crimes in the United States and is a serious problem that affects millions of innocent people (Identity Theft Victim Statistics), and the government need to implement better regulations to help put a stop to this crime.…

    Words: 1374 - Pages: 6
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