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Methods of protection against identity theft essay
Identity theft in america today intorduction
Identity theft in america today intorduction
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Becoming a victim of identity theft is devastating, and sadly it happens everyday and it can happen to anyone. Although it can be messy and time-consuming to clear your name after being a identity theft victim, there are many precautions you can take in order to prevent becoming a victim. Keeping your purse or wallet near you, ridding of any old personal information, annually checking your credit report, and mail placement are ways to prevent yourself from becoming a victim of identity theft. You should never think that it couldn’t happen to you. There are many things you can do to lessen your risk of becoming an identity theft victim. Only carry items that you need in your wallet and leave the rest at home. If you own any old or rarely …show more content…
Many people may hang their bag or purse which contains their private information on the back of their chair or underneath their chair. This is not safe and is also an easy way to become a victim of identity theft. If you have mail delivered to your home, having a lockable mailbox can ensure your safety from identity theft. If you do not have a lockable mailbox, you can have your checks mailed to your bank where you can pick them up instead of them being unprotected in your mailbox. Having your mail sent to a post office is one of the safest ways to prevent theft because it requires a key for entry, and there are many cameras inside of a post office. Also, when mailing checks, use drop boxes instead of in your mailbox to prevent them from being stolen easily. Checking your credit report yearly is a great way to stay protected because you’ll become aware of any thefts sooner. Equifax, Transunion, and Experian are trusted websites that will show you your report for a fee. Not only does checking you’re your report prevent you from becoming a victim it’s also a good way to rebuild or maintain your credit, and manage your personal finances. Checking your credit report regularly can do damage to your credit score, it should only be done
Not Checking Your Score: You should never forget to check your credit score. In addition to providing you a way to instil some financial discipline in yourself, it also helps to find any problems and potential frauds. Such issues will continue to occur if not detected in time. You should check your credit score at least once or twice a year to make sure that it matches with your credit history and you are aware of all loans in your
...only hear about the different ways that criminals are committing electronic fraud such as hacking in to somebody’s computer and stealing their credit or debit card information. There are also cases where peoples identities have been stolen and whole other lives have been built on them by another person. It all started with check fraud and although it’s not talked about as much anymore, it is still a very large concern for most business owners and people like you and me. The tips that have been provided for us can help protect us from fraud, but it is up to us to take the extra steps to prevent check fraud. We cannot sign up for check fraud protection the same way we could for credit or debit card protection or to help protect ourselves from identity theft. There are processes in place to help us once we’ve experienced check fraud but it is up to us to avoid it.
I. There are many things that you shouldn’t do when traveling. You don’t want to get robbed or put yourself in an unsafe situation. A. So for money and valuables Don’t carry and flash large sums of cash Don’t exchange money at weird places or with people on the street Don’t leave valuable items in public view (including passport and phone)
Identity theft is something that has been around for some time and it will not be gone anytime in the future. With many of the technology that comes out every year may pose a threat to our privacy and personal information. The harm that an identity theft can cause can be from minor to severe. As a result no one would want to become a victim of an identity theft crime because we would never know if we can even restore everything to its original state. For those that have a dependency on technology, be careful about what you do, what you put on the Internet, what information you give out, this is because it could come biting you back into the future.
Aside from informing you of your score, it is also important to request a credit report to ensure that there are no errors. Clerical mistakes can occur, and you want to make certain that your credit score reflects completely accurate information. It is best to request a credit report as soon as possible, since disputing any issues can be a lengthy process.
Each year around 15 million United States residents are affected by Identity Theft. This causes financial losses of around $50 billion per year. The average amount of money stolen per victim is $4950! That is a lot of money that is just taken from people with little things they can do to affect their identity from being stolen. The most common age group for Identity Theft is 18-24. The 18-24 age groups hold over 20% of all Identities stolen. Did you know that around 6% of adults are affected by Identity Theft? People who steal other peoples Identities are just really rude. Most people work very hard to earn their money and when it gets stolen from them it is just wrong. According to statistic brain the Identity Theft fraud rate is growing very slowly each year, but it needs to be stopped completely.
Identity theft is an increasing epidemic. Some of the ways a person can commit identity
I’ve decided to write my research paper on the issue of identity theft. Identity theft has occurred all throughout history in various ways and forms. Today, it is one of the fastest growing crimes occurring all over the world. Data suggests that identity theft accounts for roughly $50 billion stolen each year from citizens and businesses in the U.S. I believe that more attention should be targeted towards identity theft because of the detrimental effects it can have on a single victim and on our nation’s economy. Topics I will discuss include statistics about the crime, laws that protect the victims of the crimes, and what we are doing to prevent future attacks from happening.
III. Thesis Statement: Identity Theft is rapidly becoming a national issue because anyone of us could be a victim of identity theft. How we protect our self, keep our information private, identify any signs of identity theft, and report and repair our credit is up to each one of us. We have to be vigilant about our protecting ourselves from criminals.
Have you ever received a credit card bill at the end of the month with a ridiculous amount of money needed to be paid that you never spent? This is because of identity theft. The FTC estimates that each year, over 9 million people are affected by identity theft. According to Sally Driscoll, this is because almost anyone with a computer and a slight bit of computer knowledge can pull off identity theft. Experts also claim that identity theft is the fastest-growing crime in the world. Identity theft is a global problem that cannot be stopped without effective measures. The problem is, effective measures are very hard to come by when dealing with identity theft because almost any security protocol can be by-passed.
Over the last ten years people in the United State and around the world have heavily relied more on their debit or credit cards to process transactions of their purchases. In the old days it used to be when you would get your paycheck on Friday and rush to the bank during your break or lunch in order to cash withdraw your funds or deposit them into your account. It used to be where you carry cash to buy groceries, pay bills, and go shopping. Now some people don’t even set foot inside their bank branch because they are paid using direct deposit or the funds are loaded into a debit card provided by their employer. Many employers from around the globe don’t even issue paper check anymore. Bills are often times paid online, babysitters are accepting electronic payment such as PayPal and even food trucks now take electronic payments. According to a Washington Post column by Michelle Singletary society and businesses embrace using cashless ways to pay for things than the old time traditional “cold hard cash”. In my opinion there should still be cash circulating out in the world. My first ...
"Identity Theft and Your Financial Life." Daily Record [Baltimore] 23 Aug. 2004, Special to the Daily Record ed.: n. pag. eLibrary. Web. 6 July 2011.
In conclusion, identity theft is illegal, unethical and very dangerous to the victim. This is because identity theft can cause a lot of financial and reputation damage to the victim and his/her family. It is a shame that there are so many cases of this crime in the world today. Having said all of this, it is really important to prevent identity theft by being careful of your actions. However, as technology is advancing, it is becoming more and more harder to do so. Due to this fact, it is important for each individual to know what identity theft is and what they can do to prevent it from happening. After this is accomplished, identity theft will be minimized and this world will be a better and safer place.
identity is stolen, you can lose everything, your car, money, house, and credit. It’s very hard to
Your identity is unsafe in more places than you may realize. Every store you walk in has the possibility or either having someone behind the counter, or someone hacking into a business from outside, readily waiting to steal your identity. Using your credit card in any store is never safe no matter what signs are posted around the store, or how big the company is; it’s not always the people who work there that want your identity. The article Identity theft growing, costly to victims in The Arizona Republic, J. Craig Anderson ...