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Identity theft and modern technology
Identity theft and modern technology
Identity theft and modern technology
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With our increasing dependence on the World Wide Web, identity theft is now more than ever a threat to all of us. There are no guarantees that we will not become the next victim of this crime. This is why the more we know about identity theft, the more equipped we will be to protect ourselves against in.
The History of Identity Theft
While identity theft is not a new crime, it has mutated over time to respond to the ever evolving technology and most importantly the World Wide Web, credit cards and ATMs.
Before the popularization of credit cards in the 1950s, stealing someone's identity meant getting their passport, driver's license or Social Security number. However, what made identity theft far less common in those days was the fact that a person had to be physically present at a
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This system rates a person's credibility in a report which also contains other personal and financial information. When an identity thief gets a hold of that information, they are likely going to be able to access other banking and financial information. Unfortunately, with the automation of transactions and the ever more common online banking, stealing one's identity has become easier than ever. Fortunately though, this ever increasing threat is recognized and today your maximum liability under federal law for unauthorized use of your credit card is $50.
Identity Theft Scams
The criminals specializing in identity theft are very skilled in the "craft" and constantly come up with new and improved ways to scam people just like you and I. No one is really protected because the schemes are getting more and more believable and sophisticated. The best way to find out about identity theft scams is to check out the resources on the website of the Federal Trade Commissions, the FBI, and the websites of your local Better Business Bureau or Chamber of Commerce.
Types of Identity
Identity theft has been a major issue of privacy and fraud. In the data breach analysis from the Identity Theft Resource Center (2013), the number of data breaches from the year 2005 to 2012 increased. In 2012, there had been 49% where the data breach exposed people Social Security Number. The data breach of 2012 has a rate of 27.4% caused by hackers. These breaches were commonly from 36.4% businesses and 34.7% health and medical (Identity Theft Resource Center 2013). The number of identity theft varies from physical possession to digital possession. At least one-fifth of trash cans contains papers listing people’s credit card number and personal information. People that throw away their trash mails contain much personal information that is useful to steal someone's identity (Davis, 2002). Technology becomes a need where people use it daily and as a result it has also become a use for identity theft as well. Throughout the years as technology develops so does identity theft. This paper shows the types, methods and technique used for identity theft, and it also examines possible risk of identity theft from current technology.
Consequently, many people believe identity theft will never happen to them. If someone is not aware of how serious identity theft can be, they can make mistakes that make them vulnerable to identity theft. There are, however, three very important ways to prevent identity theft from occurring. By keeping financial papers secure, keeping track of who you’re giving your personal and financial information, and protect online information as well.
The Internet plays the biggest role in identity theft. On the Internet, a thief can hide from detection while stealing peoples’ identities from their homes, being able to steal peoples’ information one by one “then disappearing into another identity,” (Vacca 60). Internet fraud consists of two phases. The first being spoofing where a fake site is set up made to look like the real thing. Once that is completed the second phase, phishing, begins. This usually starts with an email that uses the
In the fall of 1998, the rampant rise in electronic credit card fraud led congress to pass the Identity Theft and Assumption Deterrence Act. This act prohibits, “ knowingly transfer[ring] or us[ing], without lawful authority, a means of identification of another p...
It is also important to say that this guide goes well beyond just providing you with general information that can easily find online. Real scam artists, private investigators and hackers were interviewed by Chris Peterson in order to uncover all of the nitty-gritty details about privacy and Internet security. As a result, his guide offers lots of useful information that you will probably not find by your own. All Of The Necessary Research Has Already Been Done So That You Don't Have To If you have been an identity theft once or multiple times, what exactly can you do about that? A majority of us simply don't have years of time to invest into researching the issue.
Credit cards are something that are almost needed in everyday life now, as most dont have the money available to purchase a car or house and so need credit, thus needing credit cards to help build that credit. Those cards are hard to handle, and receiving applications in the mail daily, and commercials appearing on television don’t seem to make the struggle of staying away any easier. This starts to spark an interest. So people begin to think, "I think I 'm responsible enough to get a credit card, I 'll only use it for emergencies." Then the application process begins and it may take a couple times to finally be approved for one. This only makes it worse, of course, because realizing how long a credit card wasn’t applicable to life, but now
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.
Saleh, Z. (2013). The impact of identity theft on perceived. Journal of Internet Banking & Commerce, 18(2), 1-11. Retrieved from http://www.arraydev.com/commerce/jibc/
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 ...
"The Cost of ID Theft, Part 1: Beyond Dollars and Cents." Commerce Times: Business Means Business. N.p., n.d. Web. 18 Nov. 2013.
"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.
Web. The Web. The Web. 25 Jan. 2014. Dyke, Van, and Albrecht W. "Identity Theft.
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.
In the US there are 556 million cases of cyber theft reported in a year, 1.5 million reported in a day and 18 per second by the time I finish reading this sentence, approximately 180 people will have had their identities stolen by someone else through the use of their personal device and documents, in fact, someone may already be on your phone, with access to your texts, phone calls, and browser history. I don't know about you, but when I use a private tab I expect it to be private. Is this not an invasion of privacy. The fourth amendment, created on September 25, 1787, prohibits unreasonable search, seizure, and a right to privacy, conversely, we allow our law enforcement to break this law. The police should not have the right to search