Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Fraud in financial markets impact on government actions
Weaknesses history of national crime victimization survey
Essays on the national crime victimization survey
Don’t take our word for it - see why 10 million students trust us with their essay needs.
The U.S. Department of Justice National Crime Victimization Survey defines identity theft as covering three categories of incidents. Attempted use or use of existing credit cards not authorized by another party is one category. Attempted use or use of existing accounts, including financial accounts, without authorization, is another type. Lastly, when someone uses someone's personal information to commit crime, obtain new accounts or conduct financial transactions this is theft of identity. All of these incidents are reasons why mobile document shredding can be a timely, handy crime-stopper.
Global Crisis of Fraud and Identity Theft
Identity theft is an international crime epidemic. The U.S. has countless organizations trying to stem the tides. In 2008, approximately 5% of people age 16 or over were victims of identity theft during a two-year period. This represents 11.7 million people, and approximately $17.3 billion. Twenty-three percent experienced direct monetary loss. For 3% percent of victims, damage continues beyond six months. One out of five victims reported their victimization as significantly distressing.
In 2007, 6.6% of American households reported a household members being the victim of identity theft. This widespread victimization spread to 7.9 million households, an increase of 23% from 2005 reports. The crime netted at least $500 in cash, services or goods.
In 2004, the U.S. Postal Service reported nearly 10 million identity theft incidents, costing consumer $5 billion. According to authorities, the primary method of theft is not online but offline. Online incidents accounted for approximately 12% of cases. Another possibly surprising fact is that half of identity thefts are committed by non-strange...
... middle of paper ...
...tial documents in a safe container in a discreet location. Keep critical documents in a safe deposit box at a financial institution, in a locked filing cabinet, box, or a safe at home or office. The storage container should be fireproof.
Mobile document shredding can be a convenient solution to protecting financial well-being. A regular security system can render records harmless and maintain personal security. Shredded documents can be safely hauled away. Shredded documents can also become useful as recycled material. Shredded documents can become bedding for animals including horses, dogs, cats, rabbits, and hamsters. The material can be used at home, given to neighbors, or to community organizations such as animal shelters. Kitty litter, stuffing for pillows, packing material, confetti, fire logs or bricks, and compost are other uses for recycled material.
Identity theft is something that has been around for some time and it will not be gone anytime in the future. With many of the technology that comes out every year may pose a threat to our privacy and personal information. The harm that an identity theft can cause can be from minor to severe. As a result no one would want to become a victim of an identity theft crime because we would never know if we can even restore everything to its original state. For those that have a dependency on technology, be careful about what you do, what you put on the Internet, what information you give out, this is because it could come biting you back into the future.
Harrell, E., & Langton, L. Bureau of Justice Statistics, Programs. (2013). Victims of identity theft, 2012 (NCJ 243779). Retrieved from website: http://www.bjs.gov/index.cfm?ty=pbdetail&iid=4821
Each year around 15 million United States residents are affected by Identity Theft. This causes financial losses of around $50 billion per year. The average amount of money stolen per victim is $4950! That is a lot of money that is just taken from people with little things they can do to affect their identity from being stolen. The most common age group for Identity Theft is 18-24. The 18-24 age groups hold over 20% of all Identities stolen. Did you know that around 6% of adults are affected by Identity Theft? People who steal other peoples Identities are just really rude. Most people work very hard to earn their money and when it gets stolen from them it is just wrong. According to statistic brain the Identity Theft fraud rate is growing very slowly each year, but it needs to be stopped completely.
Identity theft is an increasing epidemic. Some of the ways a person can commit identity
Identity theft has been around for decades, so it’s nothing new. The only difference now is that the general public and the government are aware of the problem and actively pursuing strategies to combat it. However, identity theft wasn’t always about stealing someone’s credit card information or trying to extort large amounts of cash. It began mostly as a political tool to stuff ballot boxes or used by teenagers to obtain fake ID’s in order to get around laws that prohibited underage people from participating in certain activities such as drinking alcohol. In more recent years however, identity theft has become much more sophisticated and advanced. With the help of computers and advanced technology, identity theft, especially through the electronic world, has become easier and easier for criminals to acquire. (FBI) Most people who engage in the illegal act typically use it for economic gain, essentially to get rich. As any crimes go, identity theft is a nonviolent crime that is relatively easy to conceal which attracts more people to at...
The primary use of stolen identities is for credit card fraud which can occur by an offender placing charges on a victim’s existing cards or by opening new accounts in his or her name. A common activity for these fraudsters is to change the billin...
In modern days, there is a type of crime that is growing very fast. It has become a very popular crime because it’s easily done, and it doesn’t leave a big trace, whether the crime is successful or not. The crime in question is Identity theft. Identity theft is a crime that involves a person or group pretending to be someone else for their own personal wants. The criminals use personal financial information such as social security number, bank and card information, your address and other personal information. According to the Insurance Information Institute, 15.4 million U.S. consumers have been victim to this crime, amounting to a loss of $16 billion, making it the most growing crime
Saleh, Z. (2013). The impact of identity theft on perceived. Journal of Internet Banking & Commerce, 18(2), 1-11. Retrieved from http://www.arraydev.com/commerce/jibc/
Do you hate seeing litter on the streets, or seeing and smelling heaps of garbage sitting, and rotting away? Humans recycling more will help to reduce this. We throw many things that can be recycled. Recycling glass, plastics, paper, and metals will reduce solid waste dumped into the ecosystem daily. “96 percent of U.S. plastic, and 50 percent of its paper, goes into landfills. Mexico, not exactly a bastion of environmental awareness, recycles more glass than the U.S.” (Alice Horrigan 1). That’s 96 percent of the millions of tons of plastic, which will outlive most of us in a landfill that we could recycle and keep it out of our landfill. Paper is made from trees, if we recycle it, we can decrease our rate of ugly deforestation and the destruction of animal habitats. When paper gets to the landfill, it is guaranteed to get wet. The wetness and decomposition of paper atracts mold spores, which produce an odor and are potentially bad for your health. Also k...
When most people hear the word recycling they think of plastic water bottles, milk jugs, or even old paper that they can reuse, but this is not necessarily the case anymore. Scientists and researchers have discovered a new form of recycling that is going to help better the environment and it can even help make people money! Smokers around the world do not think about recycling their used cigarette butts, but this new form of recycling has changed some of their minds on this subject. Recycling has been a major environmental issue, but most people have forgotten about it or they just do not care for it anymore. Paper recycling dates back to as far as 400 B.C. Some people even say that the early Romans recycled their bronze coins so that they
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.
Attention Getter: 7% of people 16 years or older were victims of identity theft in the year 2012 approximately 16.6 million people.
In conclusion, identity theft is illegal, unethical and very dangerous to the victim. This is because identity theft can cause a lot of financial and reputation damage to the victim and his/her family. It is a shame that there are so many cases of this crime in the world today. Having said all of this, it is really important to prevent identity theft by being careful of your actions. However, as technology is advancing, it is becoming more and more harder to do so. Due to this fact, it is important for each individual to know what identity theft is and what they can do to prevent it from happening. After this is accomplished, identity theft will be minimized and this world will be a better and safer place.
"Identity Theft and Your Financial Life." Daily Record [Baltimore] 23 Aug. 2004, Special to the Daily Record ed.: n. pag. eLibrary. Web. 6 July 2011.
America,” (Weidenfeld 1). Being the number one crime, identity theft is very dangerous. If your