Identity Fraud And Identity Theft

There is a thief that lurks around us everyday; this thief can attack in brad day light or in the darkest hour, and just about anywhere you may find yourself. This thief has the power to act in your name, make unlimited purchases, open up credit accounts and ruin your good name and credit all in the matter of seconds; if you are vulnerable enough, you might become his next victim. In many cases all he needs is your name and a social security number, and he has enough information to make you his next victim; if you don’t believe me then ask the millions of Americans that became victim’s, or just ask me. The thief that I am talking about is identity theft. Identity theft is a

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.

The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is a federal law that requires covered entities to maintain reasonable and appropriate administrative, technical, and physical safeguards for protecting electronic patient health information (e-PHI) (The Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy and Security Rules). Entities must: 1) ensure the confidentiality, integrity, and availability of all e-PHI they create, receive, maintain, or transmit; 2) identity and protect against reasonable anticipated threats to the security or integrity of the information; 3) protect against reasonable anticipated , impermissible users or disclosures; and 4) ensure compliance in the workplace. Entities must review and modify security measures to continue protecting e-PHI in a changing environment. They are required to run risk assessments as part of security measures, implement security measures that reduce risks and vulnerabilities to a reasonable and appropriate level, and designate a security officer responsible for developing and implementing its security policies and procedures.

While looking through the Bureau of Statistics Website, I came across the Victims of Identity Theft, 2014 Bulletin, where I found some interesting statistics.

In today’s society, unfortunately, the fraudulent based crime of identity theft has gained dominance as one of the most common crimes in the country. In response to the ever-growing trend of identity theft, all states have passed some form of law in an attempt to address the problem. Take, for instance, the state of North Carolina, to establish the necessary statute to combat the problem they first had to identify what constituted identity theft. What the North Carolina legislature developed for the purpose of establishing an identity theft crime is anyone who intentionally sets out to commit the fraudulent use of another person’s identity for the purpose of gaining any credit, money, or other types of reward, whether monetary or otherwise

Identity theft involves gathering valuable information retaining to an individual in order to make a financial gain out of the process. This’ll usually involve the attacker having to open a bank account in the victim’s name and ask for a new credit card for the account. They can then withdraw as much money as they please from the account before the victim can do anything. In 2014, 47% of American adults had their personal information stolen by hackers making identity theft the largest cybercrime to date. According to the U.S Justice Department, every 3 seconds someone becomes a victim of identity theft. Over $18 billion had been stolen as a result. Identity theft comes from hackers or scammers either convincing victims into giving up personal

According to the FTC, Identity theft topped the Federal Trade Commission’s national ranking of consumer complaints for the 15th consecutive year. There are eight different types of identity theft: Financial Identity Theft, Driver’s License ID Theft, Criminal ID Theft, Social Security ID Theft, Medical ID Theft, Insurance ID Theft, Child ID Theft, and Synthetic ID Theft. As I read though the list of potential identity theft issues, it honestly made me want to crawl under a rock, it is very unsettling that there are so many ways in which someone can become you. And the fact that many times we never know that a breach of our private data has occurred is equally unsettling.

According to the Department of Justice, identity theft is a crime which occurs when an individual deliberately acquires personal information from another individual in order to commit fraud, or for personal gain (Department of Justice, 2015). This crime has the potential to cause serious damage to the reputation of individuals and companies. Information technology is commonly used among criminals to gain access to sensitive information in order to commit identity theft. Although the impact of identity theft may be devastating, there are many ways that consumers and organizations can prevent

Identity theft is basically using someone’s personal information without their prior knowledge. One example: is a thief getting ahold of another’s person’s social security and driver’s license numbers and using that information to get a credit card or to buy a car. Anyone can become a victim of this crime because of the sheer countless ways for a person to steal another’s identity.

I must admit that I had no idea how much access to my personal information other individuals have. Usually when you sign up for a specific website it is easy to believe that you are protected, and that it is private. Reality is that other people may have access to it and the thought of it is pretty scary. Identity theft has become a terrible but not unusual crime lately. A couple months ago I received a call from “Bank of America,” asking me for my personal information including my birthday and my social. I immediately hung up because I knew it was a scam, BOA never makes those calls they usually just send a new card in the mail if necessary. This past weekend I experienced another interesting incident. My father picked up the mail like he

In the course of a busy day, you may write a check at the grocery store, charge

Impersonation scams occurs when someone assumes your identification to perform a scams or other criminal act. Criminals can get the details they need to assume your identification from a variety of resources, such as the robbery of your pockets, your junk, or from credit score or financial institution details. They may approach you in person, by phone, or on the Online and ask you for the details. Identity scams is one of the fastest growing crimes in America, claiming more than 10 million victims a season. Cyber criminals are becoming more sophisticated every minute of the day. It's harder for consumers to find the best ways to protect themselves against these criminals, but there are

A recent study found that identity theft crimes are committed more frequently offline than online, and that victims who accessed their accounts online discovered their victimization significantly faster than those who relied on paper bill or statement monitoring. SSN should not be always used as in any organization they need to have personal profile in which should have limited access. In Fiji, we have TIN number which can be also shared by criminal to open few businesses and they can obtain loans on account of business and later leave the country. The bank will always look for the owner of the company. In this case the parent of the boy should have taken corrective measures in yearly basis determine that if child’s identity has being used

This paper identifies the case study of the UK National Identity Card which was introduced in 2002 to help law enforcement, private, and public sectors in a fight against identity theft and terrorism. Criminals have used identity theft has been used to commit other crimes that have also become a problem which has led to terrorism attacks. The numerous crimes that have risen from identity theft are tax evasion, overpaid taxes, passport fraud, credit card fraud, and imposters performing terrorist attacks. The increase of identity theft has led investigators to the Internet were 80% of identity theft is being performed online. A new solution has begun to update the identity card with the EMV (EuroPay, MasterCard, Visa) Chip to store the individual’s information since the EMV chip on credit cards has done some success in shrinking the amount on fraud that have occurred.

Identity theft or fraud is one of the computer crimes has arrangement issue that influenced a significant number of people life including business, association, and government. It is intentionally use of another person's identity in a strategy for pick up a budgetary favorable position or gets credit and advantages in different names. The person who deceives considered capable of the culprit's activity will endure with a terrible result. This crime was around for quite a while, and the ascent of technology advancement it turned out to be more typical. For Jane's situation, this is classified as cyber crimes assault on her character and data. Jane needs to report