The Pros And Cons Of 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.

There is no “sure” way to stop identity theft from happening to someone. There are only measures that may make it harder for thieves to steal someone’s identity because nothing is foolproof. People can shred their important documents after they’re done with them to help prevent their identity to be stolen via dumpster diving, but the thief may find all the shreds and put them together just like a puzzle. The odds of this happening are slim, but there is still a chance, a chance lower than just throwing it out. People should make sure to not use ATMs and not to do personal banking in public, but this will only slow down a thief who is determined to steal someone’s identity. Once a thief is determined to steal someone’s identity and only their identity, there are not many obstacles stopping him/her.

Identity theft is a type of fraud that involves using someone else's identity to steal money or gain other benefits. as of yet,

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 this form of fraud. However, it is evident that Florida needs to find more efficient ways to limit identity theft drastically, since it has led the nation in identity theft for the past three years. This paper will examine the steps that are involved in identity theft and the areas that are most negatively affected by this crime, in the state, In addition, this paper will examine the best strategies that individuals can utilize to prevent identity theft and protect their personal information, such as shredding paperwork that contain sensitive information before throwing it away and not carrying a Social Security card with them. The paper will make the readers understand how serious of a crime identity theft is and why it happens in Florida more often than any other state in the United States.

One reason identify theft is being a fast growing crime in the United State is because; more people credit card information is being stolen. Around 10% of American has fallen victims to credit card theft. Around 7% of Americans have been victim of debit or ATM fraud and 12% of the fraud was on internet websites and 10 % was on the telephone. One example of identity theft was eighteen months after moving in with his fiancée Joe Tremba begain to receive collection letter about past due credit card account that have been given to a collection agency. Tremba who always pays his bills on time was

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.

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.

Whether you have been a victim of identity theft or want to prevent yourself from becoming one take advantage of these tips and strategies to keep you safe. Some of them may be very obvious to you, while others may surprise you.

Identity Theft is the assumption of a person’s identity in order to obtain credit cards from back account and retailers; the crime varies from stealing money from existing bank accounts; renting apartments or storage units; applying for loans or establishing accounts using another’s name (legal dictionary, 2007). Identity theft and identity fraud are terms that are often used

Identity theft can occur countless ways and anyone can be a victim of this criminal act. People who commit identify theft usually have the motive of wanting to commit various crimes, buy expensive items, apply for loans or even land a job all while using someone else's identity. Identity theft is especially common when someone is seeking to cover up their criminal acts. Fortunately there are ways to prevent identify theft from happening to you and being able to know when it is happening. The number one way to prevent identify theft is to always shred

One of the major downfalls of identity theft is the fact that, in most cases, it takes the victim a large amount of time before noticing there has been a robbery. The best way to keep an eye on your identity is too closely monitor your credit report on a monthly basis. For example, the report will advise you of your credit score. If there has been a major change, you should investigate further to find out why there has been a change in your credit rating. Additionally, paying close attention to your monthly bank statements and credit card statements will warn you if there have been any charges completed that you were not aware of. A faster way to manage the review of your statements would be to view them online on a daily or weekly basis to

Although identity theft can occur in vast data breaches or theft from large companies, usually it is simply thieves acquiring personal information from the trash or even dishonesty among employees with individuals information (Kapoor, Dlabay, Hughes, 2014). When an individual has a suspicion that their information has been compromised, it is important to take the necessary steps to protect yourself from further damage and charges as well as protecting your future credit history (Kapoor et al., 2014).

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 rapidly as the years go on. It has been reported that an estimate of fifty billion dollars has been charged to our consumers every year due to identity theft (Finklea, 2009).

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

Today in the United States there is a crime that every citizen faces having committed against them and that is the crime of identity theft. Identity theft is the theft of one's personal identifying information such as one's name, address, date of birth, credit card numbers, bank information, and most of all social security number (National Insurance Crime Bureau, 2000). With the modernization of our world it has became easier for would be identity thieves to commit their crime. There are many basic steps that one can do to help prevent themselves from becoming a victim of identity theft.