Identity Theft Or Identity Fraud - 1707 Words

The evolution of technology has enabled criminals a new form of prey. This problem is known as identity theft or identity fraud. The development and growth of the world wide web and personal computers being have made everyday things easier for everyone, but have also made it easier for criminals to gain access to information needed to steel someone’s identity. This is a crime which cost people thousands of dollars and countless hours of time spent to regain their losses and the damages done by having their life turned upside down by identity theft. Albrecht(2016). This paper will discuss just how big of a problem identity theft is, a few of the typical types of identity theft, possible preventative actions that should be taken to avoid identity theft, and the actions a person having identity stolen should take once they realize they have been compromised. The main thing that seems to have to be done is preventative measures by both the potential victims and creditors to keep i nformation private so thieves cannot get the access in the first place. The more difficult that you make it to get to your information the less likely you are going to be victimized. Albrecht(2016). The basic definition of Identity theft is â€Å"the unauthorized use or attempted misuse of an existing credit card or other existing account, the misuse of personal information to open a new account or for another fraudulent purpose, or a combination of these types of misuse† The Bureau of JusticeShow MoreRelatedStrangers: Identity Theft and Identity Fraud 1604 Words   |  6 PagesStrangers: Identity Theft and Identity Fraud What is Identity Theft and Identity Fraud? The U.S. Department of Justice defines Identity theft and identity fraud as â€Å"all types of crime in which someone wrongfully obtains and uses another person’s personal data in some way that involves fraud or deception, typically for economic gain.† Some of the tactics used by thieves to steal personal information are through shoulder surfing. This is when people watch from a nearby location as you punch in creditRead MoreComputer Fraud And Identity Theft1705 Words   |  7 Pagesmaintaining ones identity can be a challenge. In 2012 the United States population was 314.1 million people, in the same year, 75.6 percent of households reported having a computer. (Government Census, 2012) With this high population and electronic use, one could extrapolate that there is high risk for computer fraud and identity theft. For example consider these statistics in 2013, identity theft complaints accounted for 14% of all complaints. The most common form of reported identity theft was governmentRead MoreOnline Fraud and Identity Theft3653 Words   |  15 PagesIntroduction: Identity theft is one of the fastest growing crimes statistically according to the Federal Trade Commission. Roughly 27.3 million Americans have fallen victim to this form of theft/fraud. According to last year the loss of money for businesses and financial institutions are in the billions and with consumers out of pocket expenses has been about 5 billion dollars. Identity theft refers to crimes in which someone wrongfully obtains and uses another persons personal data (i.e., nameRead More Internet Fraud and Identity Theft Essay1176 Words   |  5 PagesInternet Fraud and Identity Theft The Internet is not just a medium for information; it is a tool for communication. Creating a new social sphere and environment, the Internet allows virtually anyone to be a participant. 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Identity theft/fraud c an be defined as a crime of obtaining the personal or financial informationRead MoreIdentifying The Identity Theft And Credit Card Fraud Complaints Essay1839 Words   |  8 PagesIdentity theft is when someone, without the consent of the owner, dishonestly uses, or intends to fraudulently use another individual’s personal identity. Personal identifying information can consist of an individual’s name, date of birth, driver’s license number, mother’s maiden name, state identification number, telephone number and other personal information that an individual can be identified with, such as a birth certificate or Social Security number. People who commits this form of fraud isRead MoreThe Globalization of White Collar Crimes: An Inside Look of How Fraud, Embezzlement, Cybercrime, Identity Theft and Forgery Are Increasing World-Wide794 Words   |  4 PagesInside Look of How Fraud, Embezzlement, Cybercrime, Identity Theft and Forgery Are Increasing World-Wid e In this paper I will examine some of the aspects of white collar crimes such as: fraud, embezzlement, cybercrimes, identity theft and forgery. I will explain what each of these are pertaining to criminal justice and how they relate to one another. And I will conclude by how each of these topics are growing into global problems. According to Criminal-Law-Lawyer-Source.com â€Å"Fraud is the act of deliberatelyRead MoreThe Most Problematic Social and Economic Problem in Today’s Society997 Words   |  4 PagesIdentity Theft might just be the most problematic social and economic problem in the US. Identity theft can cause many problems for the victim and the thief, obviously. One problem is the victims personal record, it is extremely important to have a clean one if you want to apply for college, buy a house, become a citizen, etc. Another problem is after the identity theft has taken their toll, the victim is suffering with trying to recover all the money that they have lost. And the most dangerous problemRead Moreâ€Å"According to the Australian Bureau of Statistics Personal Fraud Survey 2010-11, an estimated total1500 Words   |  6 Pagesâ€Å"According to the Australian Bureau of Statistics Personal Fraud Survey 2010-11, an estimated total of 1.2 million Australians aged 15 years and over w ere victim of at least one incident of identity fraud in the 12 months prior to the survey interview..† (Afp.gov.au, 2014) Identity fraud is a type of fraud that involves illegally pretending to be somebody else for a beneficial gain. This can result in emotional and/or financial devastation. This is a very common legal issue facing Australian stakeholdersRead MoreIdentity Theft1365 Words   |  6 PagesThe Dangers of Identity Theft Sharae Ernst IFSM 201 – Summer 2012 8/3/2012 â€Å"Identity theft occurs when someone uses your personally identifying information (PII), like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.† (Fighting Back Against Identity Theft: Federal Trade Commission). According to the Federal Trade Commission, identity theft complaints have decreased since year 2008 (314,521 to 250,854). It is estimated by the