Identity Theft Research Paper

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.

Identity theft is a fast growing white-collar crime that is gaining the notoriety of an epidemic. There is a wealth of information on identity theft and prevention yet this area of crime is developing rapidly and is shrouded in myths.

Identity theft is the least understood of all problems, though this assumption of our identities for fraudulent purposes is the most alarming of all problems. It is the most rapidly growing crime in the United States. It is quite complex, and this is how fraudsters work. A fraudster gets hold of your personal information, including your social security number and the numbers of your credit cards, among others. It is not so difficult if you are not careful. He/she assumes your identity, runs up astronomical bills, and leaves you holding the bag. This leaves you with a credit record that is totally ruined, and creditors at your door screaming for their money.

During this project, the question arose; who is or has been the biggest winner of identity theft? In the few rare cases involving identity theft where a perpetrator was caught, the culprits in the following cases were identified. And the runner up in the game of identity theft is: Albert Gonzales who in 2008 stole 30 million credit and bank card numbers, hacked several corporate data bases and stole over $200 million. And our grand prize winner is: Philip Cummings who in 2002 obtained 15,000 consumer’s identities and hacked a credit reporting agency. He stole $2.7 million. (Graphs.net). While there is no clear solution to prevent being a victim of identity theft, a person can only take precautions, be aware of their surroundings, monitor

Each year around 15 million United States residents are affected by Identity Theft. This causes financial

There are as many as eight or more different types of identity thefts, but these three are the more common types: Financial Identity Theft, Driver’s License Identity Theft, Social Security Identity Theft. Consumers need to know what to do if they are a victim of identity theft starting by knowing the type of identity theft they are dealing with. (Stroup, 2016) Most people recognize and associate financial theft with this type of crime. It involves the use of personal information to create or take over someone’s financial accounts such as (checking accounts, credit cards, etc). Thieves then can acquire the information needed to hack into your accounts or steal your information through computer viruses, data hacking or any other cyber- attacks. It can be frustrating, stressful and time consuming trying to get

In today’s society, Identity theft is one of the most repetitive criminality that has plagued hundreds, frequently among millions of individuals each year. It arises once a person has knowingly obtained personal info such as social security numbers, credit card figures, or banking information to purchase merchandise or services without the awareness of the original owner, even with an intent to commit, or to aid any unlawful activity that institutes a defilement of federal law, or that is an offense under any applicable state law. If the offender is found guilty, then the person committing the act may conceivably get a fine, property forfeiture, or at a maximum of 15 years in prison. Identity thieves could also use that person’s credit score

Identity theft is committed every day in the United States. This form of crime can be extremely serious and life changing. The amount of resources the United States puts toward the prevention of identity theft is just not enough. Identity theft can harm a persons’ entire life because of all the damage that the thief can cause in such a short amount of time. Identity theft is a threat to everybody and the world as a whole should be more aware of the consequences because of all the pain it can cause. Being the victim of identity theft comes with severe consequences and the attorney general’s office, police departments, and banks need to start educating the population about this

Have you ever had your identity stolen? In today’s Information Age, data security breaches and identity theft are becoming a much more prevalent crime. According to NBC news, there were over 12.6 million reported cases of identity theft in the United States alone in 2012. When broken down that is 35,000 cases of identity theft each day! The repercussions of this for the victim can vary greatly. An individual can simply have a few fraudulent charges made on their credit card, which most banks will cover. However, if that individual is not careful they could have numerous loans taken out in their name, maxed out credit

Identity Theft is one of the major problems in the United States. About 71% of Americans experience many causes of Identity Theft and most people don’t know how to solve this issue. I have chose to use this poster because, I believe that this poster will help readers know how they can prevent events such as fraud payments and where they can go to ask for help.

The government is actively involved in decreasing the amount of identity theft by providing the most effective tools to investigate and prosecute identity thieves. One of these tools is the Identity

Identity theft can occur when someone uses someone else’s identity in an effort to illegally obtain material or other forms of benefits. In all cases, the identity thief victims end up suffering great financial losses along with other undesirable consequences like tainted reputation. While the prevention, detection and dealing with identity theft aftermaths maybe the common focus of every individual, it would much advantageous to have a basic understanding and nature of how identity theft happens. A number of techniques employed in this habit are pretty straightforward such as wallet theft, credit cards and mails. Some are however complex, technological and sophisticated. Thieves all around the globe are determined to develop

     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 affects millions of Americans every day. Scam artists and hackers lay in wait for an unsuspecting person to get caught up their scheme through ignorance or naivety so they can take full advantage of their personal information to do as they desire with it. Problem is, it infiltrates and depreciates the integral infrastructure of our society which creates a cultural lapse through the declination of economic and cultural growth and double jeopardizes an already unstable system to the brink of its destruction. To understand how

How do you secure your identity with the Internet developing faster than can be protected? Attempting to stay ahead of the hackers and attackers has been a contentious effort since the Internet’s earliest days as a research project. Today, after thirty years of prolific development, security concerns have only increased. Designing computer systems and devices which are capable of resisting attack from within, while growing and evolving at an epidemic rate is almost an impossible endeavor. Today, identity theft is the nation’s fastest growing white collar crime and preys upon the financial resources and reputations of its victims to include children and deceased. In many