Identity Theft IFSM Teddy Hughes April 29, 2017 Identity theft and identity fraud is an illegal act with the intention of obtaining another person identity for criminal or monetary gain (www.justice.gov). The emergence of the Internet is allowing consumers to become more vulnerable to becoming victims of identity theft, (Saunders 1998). To the perpetrator their mindset is that this is a victimless crime. Nobody is getting killed, nobody is getting hurt or raped, but in fact identity theft can have a major financial setback for both the victim and the economy. Identity theft is one of the illegal activities to prevent as well as prosecute.
Impacts of Identity theft on Individuals or organizations Financial problems: Identity theft creates financial problems for both organizations and individuals. When cyber criminals acquire a victim's financial information, they can steal money from his account or take loans in his name. This can cause the victim a lot of financial problems. Identity thieves also use Social Security numbers to steal from institutions such as the government. Legal problems: Legal issues can also ensue as a result of identity theft.
Do they shred any paperwork or mail containing sensitive personal information before disposing of it? If so, how is it disposed of? By and large, identity theft is a faceless crime, one that many victims can feel powerless to both prevent and prosecute. Coupled with the helplessness and emotional toll, many victims have had their relationships with family members, friends, co-workers, and even romantic partners affected by identity theft. The anguish that identity theft and fraud can cause in its victims can lead to overwhelming sadness and to some extreme cases even thought of suicide.
Identity theft is a problem. It is the act of stealing one’s information, such as credit card numbers. It can go beyond credit cards, however. Criminals can steal social security numbers, medical information, information on taxes, and others. Identity theft is one of the problems in America.
Identity theft is when your social security number, name, address, birthday, and other personal information is hacked into or stolen by a criminal. When they steal your identity it is easier for them to work with the bank, mange your finances, withdraw money from your bank account, apply for credit cards, and loans. When a criminal steals your identity they can foal the bank and other organizations to access your personal account. When they can access different organizations with your information they can change your Email, building address, and login information so you can’t access it. They can then make you in lots of debt without you even noticing.
In a day and age when everything from microwave ovens and refrigerators to nuclear power plants is being run on computers, cyber crime has assumed rather sinister implications. Major cyber crimes in the recent past include the Citibank rip off. US $ 10 million were fraudulently transferred out of the bank and into a bank account in Switzerland. A Russian hacker group led by Vladimir Kevin, a renowned hacker, perpetrated the attack. The group compromised the bank's security systems.
The use of social media makes art more accessible than ever, for both viewers and thieves. Behind the veil of an online alias, the identities of thieves are almost impossible to trace, allowing them to be held unaccountable for their actions. As artists try to find ways to protect their work, thieves continuously find ways to subvert this. Stealing art is easy, creating art is not. Unlike traditional art forgery, stealing digital art takes almost no effort.
Identity theft is the act of stealing another person’s personal identifying information in order to gain access to his financial resources, or obtain access to other benefits, such as money, credit, or insurance benefits. Identity theft, sometimes referred to as “identity fraud,” is a crime that carries serious consequences. The act of fraudulently obtaining and using another person’s identifying information or personal financial documents, such as a credit card or bank account, usually for the purpose of financial gain. Identity theft laws are very strict, providing severe punishments for individuals convicted of the crime. Identity theft, according to the Federal Trade Commission (FTC), was the top complaint the FTC received for the past 15 years, increasing 47% from 2015 to 2016 as a result of a massive increase in
Since white collar crime is perpetrated by people, it is obvious that it will affect to society. Nowadays, computer techniques are continuously developing and people are more exposed to it. And invasion of privacy are becoming more and more issue to society. Identity theft comes at a great expense to person and their families. It is a fast growing crime in America that 12.1million victims were reported last year and their financial loses are reported 26.3 billion dollar.
CYBERCRIME Themes: Cybercrime Network Security Hacking Identify Theft Niklas Haak, Raffael Bausch, Phil Lehner, Tom Albersmann Cybercrime Crimes that involves network and computer is called „Cybercrime“.“Hacking“, “Copyright infringement” ,Unwarranted mass-surveillance”, “Child pornography”, “Child grooming“ are themes that have become high-profile. Computer crime includes a wide range of activities. The enumerated are just a small piece of the diversity of cybercrime. The reason why cybercrime is becoming more popular is that the risk is very low. The now it is profitable when they for example hack networks or steal important information they could sell.