Identity Theft Identity theft is a major concern today in our country, millions of a person’s identity have been compromised for many of years. Identity theft occurs when someone uses another person’s personal information such as name, Social Security number, driver’s license number, credit card number, or other identifying information to take on that person’s identity in order to commit fraud or other crimes. Stealing an identity is, unfortunately, surprisingly easy to do and happens when you least expect it. Just by opening your mail, something that has personal information on it, throwing it in the trash. Therefore, a person can go through your trash and take all that information and use it against you to take on a new identity.
Identity theft is a negative issue in the entire United States, but the state of Florida is where it is most common and where there is the most cases. Due to Florida having the most identity theft complaints, it is important to question just how vulnerable the state is to
Therefore, when someone uses your personal information to obtain identification, credit or even a mortgage, you become a victim of identity theft. This crime is devastating to a victim’s credit score and peace of mind.
Extent of Identity Theft Identity theft is a type of fraud, it is the deliberate use of someone else's identity. Most commonly to gain money or obtain credit and other benefits in the victim’s name. The victim whose identity has been stolen may suffer consequences such as being held responsible for the offender's actions. Identity theft occurs when someone uses someone else’s identifying information (such as their name, credit card number, passport, etc.) without their permission.
Identity Theft Crimes According to the Bureau of Justice Statistics (BJS), almost 18 million Americans were victims of identity theft crimes in 2014. In fact, the most common kind of identity theft during this year was the attempted unauthorized use of existing financial accounts. Identity theft crimes are very serious, but there are actually different ways that criminals attempt to misrepresent their victims.
Introduction: 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 person's personal data (i.e., name, date of birth, social security number, driver's license number, and your financial identity— credit card, bank account and phone-card numbers) in some way that involves fraud or deception, typically for economic gain (to obtain money or
The use of government identification is used from buying alcohol to applying for a job. If the identification is stolen, the criminals now have access to these items, while using the victim’s money. Criminals that conduct identity theft have even been known for buying items such as a new driver’s license! The most thought of form of identity theft is from credit cards. These types of theft can be stopped the quickest, if the person is active in checking their accounts for unauthorized transactions. Some purchases, like purchasing furniture may have the bank calling you to make sure you are authorizing that purchase, as it is a more expensive purchase. Many cases of identity theft, have no financial loss. The National Criminal Justice Reference Service (NCJRS) states: “From 2005 to 2010, the percentage of all households with one or more type of identity theft that suffered no direct financial loss increased from 18.5% to 23.7%.” While there may have been some out of pocket expenses to help get everything back to normal, these cases are less severe than the other ones stated so far. While identity theft can be a great burden, these cases can be solved within a day. The Bureau of Justice Statistics found that “Half of identity theft victims who were able to resolve any associated problems did so in a day or less.”
Identity theft is a particularly heinous crime as it impacts so many people and brings such a burden upon the global economy. During 2012, in the United States alone, more than sixteen million people had their identity stolen and the financial impact reached nearly 25 billion dollars (Rotter, 2014). Expectations are that costs will exceed one hundred billion in the United States and globally the ramifications will be multitudes higher.
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.
Every individual in this world has an identity that makes him or her special from others. Identity theft is a method of cybercrime that deals with stealing personal information. There are a few different definitions that define identity theft in the same way, but use various terms. One variant definition of identity theft is the fraudulent appropriation and use of someone’s identifying or personal data or documents, as a credit card (“Identity Theft”). Another variant definition of identity theft is identity “theft” is a fraud or unlawful activity where the identity of an existing person is used as a target or principal tool without that person’s consent (Kirk). The origin of identity theft is completely different now than it was in nineteen sixty-four, when the first print of identity theft came about (“A Brief History”). Back then, they did not have credit
“8.6 million households (8.6%) experienced some form of Identity theft in 2010”, according to FTC. Research from all around the world reveals that identity theft affects millions of people per year, giving victims a numerous amount of hours and money in identity recovery and repair. In fact, in some
Identity Theft: Trends and Issues Identity Theft: Trends and Issues 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
Identity Theft What is identity theft? By definition “Identity theft n. the dishonest acquisition of personal information in order to perpetrate fraud, typically by obtaining credit, loans, etc., in someone else's name; fraud perpetrated in this way. ” (dictionary.oed.com, 2007). It’s estimated that 9 million Americans have had their identities stolen each year. “According to the Secret Service, its investigations show a jump in potential losses due to identity theft, from $851 million in 1998 to $1.4 billion in 2000.” add citation from how stuff works There are many ways that thieve steal your identity, they may go through your trash, steal your wallet or purse. I will discuss a lot of the different ways in more
How Identity Theft Affect the Culture of our Society Sections I, II, III and IV Rodrekus Baskin DeVry University How Identity Fraud and Theft Impact the Culture of Our Society Section I Identity theft affects millions of Americans every day. Scam artists and hackers lay in wait
Identity 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 problem is victims can be accused of crimes that they have not committed. These are just a few reasons why Identity Theft is the most problematic social and economic problem in today’s society.