Identity Theft Protection Research Paper

During the last Christmas season, Target announced that their data security was breached. According to David Lazarus in Los Angeles Times, Target stated that roughly 110 million customers’ information was illegally taken from their database. The information included their credit/debit card info, phone numbers, and email addresses. Target is one of the most popular grocery stores in the U.S.; they have a substantial amount of consumers. Because of this incident, consumers' trusts for the store have been decreasing. Worrying about losing its customers, the company offered a free year of credit monitoring and identity-theft protection, so the customers will feel more secure. Not only Target, some other large retailers also faced the same issues. They want their customers to trust that the companies can protect private data. However, should we not worry? Data breaches have been going on for about a decade, but we have not seriously thought about the issue. In order to protect people’s privacy, the federal government should make new laws concerning companies’ handling of customer information.

Personally identifiable information (PII) is the type of information commonly used for identification purposes. This type of data could include names, addresses, birth dates, and social security numbers. PII is typically stored electronically by governments and businesses that would include financial, health, and educational data records. It is important to protect this type of data for privacy and anonymity issues that could result in “data breaches, electronic discovery, consumer profiling, workplace monitoring, and advanced surveillance technology (Reynolds 151). Access to a person’s PII can be used for identity theft which according to the NSA is a crime that involves using another person’s personal information to take malicious actions,

Having the internet at our disposal makes our lives so much easier to live, however we may consider it a blessing but there are some curses that trails right behind it.

Since previous laws only apply to major financial or PII industries, other industries in the public sector that store and handle consumer account information and non-public sensitive information have no legal obligations to protect such data. Representatives Randy Neugebauer (R-TX) and John Carney (D-DE), Senators Tom Carper (D-DE) and Roy Blunt (R-MO) introduced legislation in the House and Senate, called the Data Security Act of 2015, titled H.R. 2205 and S. 961. This bill is meant to better protect consumers from identity theft and account fraud by establishing a clear set of national standards that would help prevent and respond to data breaches.

Identity theft is a growing problem and happens when someone else uses your information/identity as if it were their own. It’s a serious crime that can damage your finances, credit history, and inflict an emotional toll. The recovery process can take time, money, and patience to resolve. According to the Identity Theft Resource Center, it takes 600 hours to restore your identity after a theft has taken place. This means your best bet is prevention.

Authorities going through your personal information and leaving it vulnerable to malicious hackers is the greatest way identity theft occurs. A temporary solution to this disgusting, terrifying issue is putting verification codes of who you are. The aftermath of barging through our personal things leaves it defenseless to malevolent hackers because, the firewall

Finally, Identity theft is the most common problem in Australia .When someone who access your bank and credit, debit cards without your permission then it should be identity theft. In this theft the hacker will hack your identity based on your daily using of data and they hack user’s passwords. They collect the information from your daily shopping and using of cads. In this attack Australian banks are robbed by this and they lose lots of amount by this attack. In this attack lots of people lost their personal information. According to the Bradford W. Reyns (2011)” identity theft occurs when, knowingly and without legal authority, an individual’s identity is appropriated with the intent to aid or engage in unlawful activity”. This is the main

As a result, the government had chosen to accommodate for the well-being of the nation with a new policy to enforce the safeguard of everyone's privacy. "President Obama stops by the Federal Trade Commission offices to talk about how we can better protect consumers from identity theft and safeguard everyone's privacy, including our children"(whitehouse.gov). This recent action brought forth by the president is a result of the government's motives to better the welfare of the people. An example of "The number of new steps and proposals"(whitehouse.gov) from the president was "introducing legislation to create a single, national standard protecting Americans from identity theft"(whitehouse.gov). Obama's decision to speak out about the issue is just another one of the many instances where the government decided to put the people first. Along with the legislation, he also is "working to protect our children's personal information and privacy online"(whitehouse.gov). Utilizing the maximum potential of his power, Obama, and the officials are in a constant process to contribute to the safety of all ages. The government clearly resides on the public's side, as many of their actions are directly associated with the prosperity of our nation. In the words of the president himself, "If we're going to be connected, then we need to be

This is a case of my aunty who was a domestic house wife. One day on her way back from shopping her purse got stolen. She carried all her bank cards together with the personal identification numbers for her bank cards in her purse as she was not that educated and used to forget the PIN. She did not realize that her purse was stolen until she reached home. Same time she rushed back to town to get the bank card blocked but it was already late, the fraudster had withdrawn around $700.00 from the ATM. In this particular case my aunt was vulnerable as she lost $700. The controls/measures/practices to protect personal data in this caseare to memorize the

The constant evolution of technology has led to the expansion of a crime that feeds on the inability of consumers to control who has access to sensitive information and how it is safeguarded. That crime is identity theft. Identity theft causes financial damage to consumers, creditors, retail establishments, and the economy as a whole. The Identity Theft Policy of NFBS is designed to reasonably detect red flags, respond to red flags, and prevent and protect account holders from identity theft. The firm has designated Mark EstepSusan Martin as the Identity Theft Protection Officer. Please see the AML, Consumer Information Privacy, and Prohibited Acts sections of this manual for more information about customer privacy, customer identification, money laundering, and respective red flags.

The problem most Americans face in today’s society is stolen identity. Stolen identity can ruin the life of every citizen in the United States and foreign countries. According to Ballard, a journalist, who recognizes the Federal Trade Commission for capturing identity theft as the number one rank of consumer complaints (21). Out of ten million people, there will be one person who has been a victim of stolen identity. At birth, a child is given a social security number to distinguish them from other babies. In reality, the social security number is the main target for identity theft. Throughout each country, a person’s credit is damaged due to stolen identity. Americans must protect their personal information from the world because an

Enclosed is the research report on Identity Theft that you requested I turn in to you on Wednesday, May 17, 2017.

In today’s world, we can say that the main danger to privacy, security for people who lives in free democratic societies can come from the system that will create and apply supposedly very high tech national ID card.

National ID cards have been seen in a controversial light ever since they started. ID cards or some similar form was first invented in France in 1803 in order to streamline the running of central governments. Since then 9/11 has rekindled the argument: Are they worth it? Questions we can judge this by are: Does it enhance national security? Does it help with crime? Is it convenient? Could it help with illegal immigration? National ID cards will continue to be divisive for the country as a whole but I can prove that we don’t need ID cards

Identity theft is not something new that has recently attracts people’s attention. The classic theft is “petty thieves”, and criminals been doing this for centuries. “Petty thieves” are the criminals that steal wallets and purses, and now modern days stealing credit cards and debut cards. They go on shopping to spend all the money in your wallet, purse, or credit card. Since the early 1990s the growing technology, a new wave of identity thieves developed who are professionals to keep their own identities, and crime hidden. In the past, the theft had to personally go to a bank or a lending institutions to access, or create an account. This was a risky move because it had high risk of being caught. “However, with the