Cybercrime
The misuse of computer systems has been a prevalent issue ever since the invention of computers. In this digital age, cybercrime is the fastest growing categories of crime facing many nations. It is pervasive and epidemic, threating billions of computer users and causing damages worth in billions. Every year, the numbers of attacks are increasing in numbers and complexity. And as we become more reliant on information systems, our security and privacy are in increasingly constant threat of compromise. When planning online crime, cybercriminals employ different tactics for various reasons. Their intention can be stealing money, obtaining valuable data, or simply revenge. When the Internet was created, security was not taken into account. Most of the technologies we depend on today have no effective security. The security issues of the internet are due to software thinking everyone is playing by the rules. The design flaw allows cybercriminals to exploit and deliberately cause software to perform tasks that not designed to do. Identity theft, hacking, spamming, and digital piracy---these are the few prevalent forms of cybercrimes.
Identity theft is increasingly becoming a prevalent form of cybercrime. Cybercriminals misrepresent themselves by pretending to some else and use others personal information to open accounts or use accounts that already exist. In 2014 “ 22 million Americans had been victimized by..” These crimes cost business and consumers over
Identity theft is the stealing and use of someone’s personal information and is one of the fastest growing crimes in the nation (Dole, 2005). According to Federal Trade Commission estimates, identity thieves victimize approximately 10 million Americans every year at a cost of an astonishing $50 billion (2005). Identity theft has been going on for years now and is easily done with the help of today’s technology. According to the Federal Trade Commission, there are six common ways that identity thieves get a hold of personal information. The varieties of methods that are used are dumpster diving, skimming, phishing, changing the victim’s address, stealing, and pretexting (Federal Trade Commission). Once someone’s identity is stolen,
Cybercrime has experienced significant progress during recent years, as its advance is directly proportional with the advance of technology. In spite of the fact that the authorities devise new and better strategies to fight cybercrime, the fact that the number of people online is constantly increasing means that cybercrimes occur even more frequently. Dishonest people who seek opportunities have discovered how the internet stands as a perfect environment for them to commit crimes by taking as little risks as possible. Computer fraud generates a series of benefits for the person committing it, as he or she can either profit financially from the enterprise or can simply alter files in order for his or her image to be positively affected. Identity theft is a major form of cybercrime and it is essential for society to acknowledge the gravity of the matter in order to be able to effectively fight against criminals using it.
Every minute, about nineteen people fall victim to identity theft. Identity theft is the fraudulent use of a person’s private information; typically for financial gain. Frank Abagnale Jr. was notorious for using various identities to receive numerous benefits. Abagnale’s identity wavered depending on the career he chose. This bewildered investigators and caused the prolonged search for Frank Abagnale Jr. As technology advances; identity theft will continue to flourish throughout numerous infrastructures. Identity theft hastily becoming one of the largest growing crimes in America. However, there are numerous ways to protect yourself from becoming a victim to this malicious threat. By inspecting your purchases on the internet, keeping your personal information safe,
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”,
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.
new advances in the electronic technologies during the past decades have administered a new wealth of criminal activity. Software like Computer viruses, malware, software privacy, spam and etc. Technologically savvy artist replicate websites, so when a person's online activities occurs in a virtual world it can be compromised.Many times Cyber intrusions rely on human interaction and it often involves tricking people into breaking security procedures.
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 internet has brought upon a new revolution of global interconnection where contacting someone on the other side of the world is just a click away, but with this international phenomenon comes an increased susceptibility with unfamiliar technology. Internet crime is compiled of all non-physical crime with the aid of a computer. Although broad in definition internet crimes are largely composed of acts such as cyber fraud, ‘phishing’ (username and password hacking), cyber stalking and hacking. Internet crime does not pose an overwhelming issue in society in terms of its
Internet identity theft is a serious danger in our world today, victims of this crime have had their lives ruined and in some cases have ended up in jail because of crimes committed by an identity thief. Internet identity theft is “the criminal act of fraudulently obtaining the personal information belonging to another individual within the realm of a computer or electronic setting.”(1) Throughout the past several years there have been several laws passed to combat and keep up with this ever evolving crime, those laws include The Identity Theft and Assumption Deterrence Act, The Identity Theft Penalty Enhancement Act, and The Identity Theft Enforcement and Restitution Act of 2008. In addition to these, several states have pending legislation out there to either pass new state laws or revise current ones. In this paper, theses laws and the pending legislation in some of those states will be discussed in detail.
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.
Computer crimes are criminal activities, which involve the use of information technology to gain an illegal or an unauthorized access to a computer system with intent of damaging, deleting or altering computer data. Computer crimes also include the activities such as electronic frauds, misuse of devices, identity theft and data as well as system interference. Computer crimes involve activities of software theft, whereas the privacy of the users is hampered. These criminal activities involve the breach of human and information privacy, as also the theft and illegal alteration of system critical information. The different types of computer crimes have caused the introduction and use of newer and more effective security measures.
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
Only within the past few years have there even been reliable estimates of the incidence of identity theft. “The first thorough survey of the extent of identity theft was conducted for the Federal Trade Commission (FTC) in 2003. A similar survey, involving interviews with slightly more than 4,900 randomly selected individuals, was conducted for the commission between March and June 2006” (Anderson, Durbin, & Salinger. ID Theft). Victims of identity theft are commonplace and the resulting monetary losses have been impressive. However, this attention to identity theft is a fairly new phenomenon. With its immense growth, attention and precedence, cyber-criminals are able to infiltrate and depreciate the integral infrastructure of our society which creates a cultural lapse through the declination of economic and cultural growth and double jeopardize an already unstable system to the brink of its destruction. Research has suggested that victims of identity theft spend an average of $1,500 in out-of-pocket expenses and an average of 175 hours per incident of identity theft in order to resolve the many problems caused by identity
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
Cybercrime has become a fast growing concern for the 21st century as businesses, institutions and individuals grow into an interconnected web of computer networks. Online business transactions, along with the sharing of personal information, are vulnerable to a host of disasters that can reap economic and social havoc. Some sources say that today, cybercrime costs more than $1.0 trillion to society--Global Industry Analysts, Inc. forecasted the world cyber security market to reach $80 billion by 2017 (Gale, 2011).