Research Paper On Identity Theft

Being a victim of identity theft myself, I know the struggles of dealing with this topic. The credit card companies are at fault because of their lack of security when it comes to credit card usage and existing information. Credit card fraud is the easiest to commit and the most common. The Bureau of Justice did a study in 2007 with 7.9 billion people surveyed on how many households with at least one member of the household has been a victim of identity theft. The statistics showed that existing credit card theft increased from 2005 to 2007 by 31% and with 6.6% of people, being

In 2014, there were an estimated 2.3 million cases, a twenty-two percent increase from the previous year (Andrews, 2016). According to the Federal Trade Commission, identity theft complaints have also increased by more than 47 percent since 2014 and it was the second most reported crime after illegal debt collection. (“FTC Releases Annual Summary of Consumer Complaints Debt Collection, Identity Theft, and Imposter Scams Remain Top Categories of Complaints Received by FTC in 2015”, 2016) “The 2017 Identity Fraud Study, released by Javelin Strategy & Research, found that $16 billion was stolen from 15.4 million U.S. consumers in 2016, compared with $15.3 billion and 13.1 million victims in 2015. In the past six years identity thieves have stolen over $107 billion.” (“Identity Theft and Cybercrime”,

Figuring out if an identity is stolen is not easy only because it can be unknown until damage is dealt. This is why identity theft isn’t easy to stop. When most people report a crime, police arrive on the scene before serious damage is dealt, but when a thief steals a person’s identity, the victim can be unaware for quite some time before they realize the amount of money they lost. According to Tracey Whittaker and Anne Dilascio, in 2003, the average money lost from identity theft per person was $4,789, but in 2006 the average was less than $2000. The average out-of-pocket cost of identity theft victims in 2005 was

Identity theft is a significant problem to both citizens and financial institutions. The FTC estimates that over 27.3 million Americans have been the victims of identity theft in the past five years. The

In recent years, the world has seen significant changes in technology. With new technology come new challenges. One of those new challenges is identity theft. Identity theft can happen through the internet, ATM, emails, or even a phone. Identity theft can happen when any person(s) takes an individual’s information, such as their Social Security number, or even banking information for financial gain. “Close to 100 million Americans have their personal information placed at risk of theft each year when records in databases are lost, stolen or accessed by unauthorized individuals” (Information systems and technology, n.d.). Identity theft not only costs the person, whose

But the government is not the only authority that has concerns. Many officers today feel that we need new rules and procedures to prevent and solve many identity theft cases (Dadisho). There is truth in this and many citizens agree with this consideration. One of the reasons why Americans feel this way is that not many cases of identity theft are actually solved. One of the reasons being is that companies do not cooperate with law enforcement enough (Dadisho). However, not only the companies are at fault here. Not only are the companies not cooperating, but also law enforcement is not interested in smaller cases, but only large ones, involving hundreds of victims. The police, being somewhat idle in this situation, do not want to be involved in identity theft crimes because they are difficult to investigate (Anderson). Many other authorities do not want to be involved in these crimes because of other reasons as well. These cases are not only difficult to solve, but are also very long-lasting. It may take years to fix the problem after the theft (Chappell 4). By abolishing the practice of identity theft, the authorities need not focus their time on identity fraud cases, but can tend to the larger problems in America. Furthermore, there are more reasons to do away with identity theft, including some of the health risks of this issue.

Identity Theft is the use of another person's personal information to commit fraud. They can take the person’s name, social security number, credit card number or even your driver's license number.”The thief may also open telephone and utility accounts, take out loans, rent an apartment, or buy a car. In most cases, the thief fails to pay bills for items and services bought in the victim’s name” ("Identity Theft). They can retain the information by stealing mail or wallets. Application theft occurs when the theft opens a bank account or credit cards in another person's name. Victims are usually unaware of the problem for months, they often use addresses from other places. The other type of identity theft is account takeover, this occurs when the theft receives access to the victim's existing bank account or credit card. Due to legal protections, victims of identity theft usually do not have to pay back the charges created by the identity theft. However, actions like this can damage your credit score dramatically. It is recommended that you check your credit reports often. Since the growth of cell phones, there has been an increase in identity theft. Identity theft can result in a threat to a victim's personal safety. A most recent study wanted to determine how cell phone use is affected by attitudes toward privacy and identity theft. The research questions concerned the extent to which participants

While some identity thefts are relatively minor with criminals using debit and credit card numbers to make unauthorized purchases, others are much more invasive including using Social Security Numbers for employment and loans (Skowronski, 2015). There have even been reports of victims facing arrest for

This article by Jamie white was made in purpose is to inform everyone on how identity theft has really affected the United States. Its show all the number of people effect in 2014. Give numbers on complaints the FTC received. She tells you also about credit card fraud that had conspired in the year of 2014. She also informs you of the main targeted group ages to watch out for and simple helpful tips on what to look for.

Identity theft is the fastest growing fraud crime in America (Finklea, 2009). Gaining knowledge in preventing theft will better the economy and lower the crime rates in America. There are reported 9.9 million victims of identity theft and this number is increasing rapidly as the years go on. It has been reported that an estimate of fifty billion dollars has been charged to our consumers every year due to identity theft (Finklea, 2009).

Lifestyles, technology and new innovations have opened doors to rapid upsurges of mobile capacities. It’s also unlocked access to information increasing identity theft affecting your tax filings. Today, theft identity accounts for one-third of all consumer crimes. More and more the internet is being use to intrude on systems for personal information. The IRS claims more than six billion dollars were paid in fraudulent tax refunds. This year the State Franchise Board expects to join the ranks.

     In today's society, there is a white-collar crime that has greatly risen in popularity among criminals. This crime is identity theft. Hundreds of thousands of people have their identities stolen each year. Identity theft is when these criminals obtain and use consumers personal information such as credit card numbers, bank account numbers, insurance information, and social security numbers to purchase goods or services fraudulently. According to the Federal Trade Commission, over 1.1 million people were the victim of identity theft. With this number, it is very evident that identity theft is one of the fastest growing crimes in our country. This paper will attempt to more thoroughly define identity theft. It will

Identity theft is on the rise in the United States and Globally. The Federal Trade Commission advised that there are about nine million cases of identity theft. People who had their identity stolen often feel like they were violated. Any individual can have their identity compromised in numerous ways. Different institutions store personal information. There are several organizations that have social security numbers, bank account numbers, and credit card numbers. Colleges and Universities have people personal information stored in their databases that could be hacked. There are several companies that offer options to people to protect their identity. Most credit card companies offer the option of identity

Identity theft continues to be a problem in the United States, yet research on identity thieves is limited. Both the theoretical and empirical literature on identity theft is in their infancy. As a result, not surprisingly, not much is known about this crime and its victims.

The United States Department of Justice defines Identity Theft and Fraud as, “… terms used to refer to 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” (U.S. Department of Justice, 2012). An individual’s personal data such as: Social Security number, bank account information, credit card numbers, or telephone calling card number¬ may be used by criminals to personally profit at your expense. In many cases, a victim's loss not only includes out-of-pocket financial losses, but substantial additional financial costs and time repairing and correcting credit histories and erroneous information. To assist with my research for this paper, I chose two books written from different perspectives. First, I sought out a book to provide a comprehensive review of identity theft history; methods used to steal identities, consequences of having your identity stolen, and prevention techniques from an individual or business perspective. Next, after developing a strong baseline on identity theft, I searched for a reference book which offers a comprehensive review of the concepts of computer crimes, relevant laws, and methods practiced by investigators to trace, capture and persecute identity theft