STRATEGIC PLANNING IMPLEMENTATION 1: Project Overview Implementation and project plan is very critical for the success of a project. Project plan is the situation analysis, identification of problem, goal definition, designing a work plan, formulating strategies and budgeting of overall project. On the other hand, implementation plan is defined as the utilization, mobilization and control of resources and project operation. This paper aims to provide strategic planning and implementation of Identity Theft Corporation (ITC) project. The project also provides the risk and financial plan. Identity theft protection service is a very big industry amounting to more than $4 billions. However, the annual loss recorded in the United States is more than $50 billions due to identity theft, and the U.S government has decided to spend approximately $55 billions to combat ID theft. With significant increase in the ID theft, the market for ID theft protection service continues to grow and will reach $12.3 billions in 2014. (Research and Market, 2010). To have larger cut in the market share, the strategic implementation plan is conducted to assist ITC to develop innovative ID protection service within the industry, which will make the company to differentiate itself in the industry. Project work-breakdown schedule is very important in the project plan. Project work-breakdown schedule (WBS) reveals the tasks required to be completed in the overall project. The next section
Formulate a process for undertaking strategic planning in your area of interest. What is the need for strategic planning at this time? Which actors should be involved? How do you apply the steps and procedures discussed in Berman Chapter 4 to your process? Which steps would you undertake to ensure that conditions for success are in place?
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.
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
The strategic planning process begins by reviewing the organizations mission, vision and values. Clarifying the mission, vision, and goals at the beginning strategic planning process can help align fragmented entities (2 p. 293). The mission statement identifies the organizations reason for existing and how it is unique in comparison to other organizations (A p. 294). It is a short, concise and clear statement that serves as a rallying point for the organization (4 p. 752). The mission provides clues about the types of services that can be expected from the organization (A). Failing to check new projects against the mission can cause an organization to get into trouble (A p. 294).
Identity theft is one of the fastest growing cybercrimes being conducted in today’s society. It is almost impossible to detect until it is too late. With the advancement of technology it can happen from anywhere in the world, from a remote village in Vietnam to the computer smart kid that lives down the street. And it is being done with as little as $40 dollars in equipment, which is turned into millions of dollars in theft and return. The procurement and safe keeping of who you are is a not a tough battle, and
Identity theft is at an all time high in America. In fact, in 2012 alone victims throughout America suffered approximately $24.7 billion in both direct and in-direct losses (DiGangi, 2013). That amount of loss nearly doubled what was accumulated in other types of theft such as burglary, property theft, and auto theft. These cases of identity theft and data breaches have became so common today that most do not even pay close attention when a new case is mentioned. However, the effort to eliminate the threat before it occurs is ever important when dealing with a phantom like enemy.
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
The evolution of technology has enabled criminals a new form of prey. This problem is known as identity theft or identity fraud. The development and growth of the world wide web and personal computers being have made everyday things easier for everyone, but have also made it easier for criminals to gain access to information needed to steel someone’s identity. This is a crime which cost people thousands of dollars and countless hours of time spent to regain their losses and the damages done by having their life turned upside down by identity theft. Albrecht(2016). This paper will discuss just how big of a problem identity theft is, a few of the typical types of identity theft, possible preventative actions that should be taken to avoid identity theft, and the actions a person having identity stolen should take once they realize they have been compromised. The main thing that seems to have to be done is preventative measures by both the potential victims and creditors to keep information private so thieves cannot get the access in the first place. The more difficult that you make it to get to your information the less likely you are going to be victimized. Albrecht(2016).
Project work-breakdown schedule is critical to describe each task required in the project. The next section provides the Work Breakdown schedule (WBS).
Computer Identity theft has affected over 10 million Americans every year because of the poor protection protocols being used nationwide. According to the Aberdeen group over 220 billion dollars have been loss every year due to identity theft. As the use of the internet and technology grows more prevalent in our society the amount of people who are affected by identity theft grows too. Identity theft and fraud have been defined by The United States Department of Criminal Justice 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” (Weissmann, “Identity Theft and Identity Fraud”). The effects of Identity theft has left many individuals continuously searching for ways to protect their information, and has caused many to have maxed out credit cards, bad credit rating, empty bank accounts and criminal records.
“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 cases, identity thieves are able to suppose an unaware person’s identity entirely, acquiring someone’s identification with their name and even often committing crimes as that person.
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
Harper College’s Information Technology (IT) Client Services department houses the Information Security group. This group does not gather most of its own data, so the leaders will need to gather metric information from other College areas.
No two people go through life the same exact ways. Some choose to live moment to moment while others feel the need to have a grander plan for their future. People develop plans for different scenarios in their life to include what college they will attend, what profession they want to enter, the type of wedding and even, when they want to get married. Individuals who live by a plan can often be heard referencing their Plan B or five-to-ten year plan. Just as individuals like to plan, businesses also want a blueprint for their short- and long-term growth. Planning enables organizational leaders and managers to play a significant role in creating progressive objectives that enrich company productivity and
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