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The impact of online identity theft
Essay on online identity theft
Research on the internet and identity theft
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Recommended: The impact of online identity theft
Social networking sites are increasingly becoming one of the internet most utilized activities. However, how often does one think that their Facebook site is hazardous to their identity. According to the U.S. Department of Justice, an estimated 11.7 million Americans were victims of identity theft in 2010 (U.S. Dept. of Justice). Identity theft is defined as a crime where someone illegally acquires and utilizes another person’s vital information to deceive for personal gain. That same year, the Federal Trade Commission reported that identity theft crimes cost businesses and individuals an estimated $53 billion (Federal Trade Commission). Most Americans are familiar with identity theft but aren’t well-informed about the influence it has on the economy in addition to individuals. If potential victims are better educated on how social networking sites put our identities at risk, the affects identity theft has on its victims, and ways to prevent identity theft from happening while using a social networking site.
Losing one’s private information can possibly be the worst thing to ever happen or, for some, the biggest act of carelessness displayed. The average person would probably panic and hope that no one is exploiting his or her misplaced information. Well social networking sites can cause just that without you even knowing it.
Although there are numerous ways an identity can be taken social networking seems to be the most effective. A report concerning the most common ways an individual’s identity can be stolen was completed by the Federal Trade Commission and the Better Business Bureau. This report states that although a lost or stolen wallet is the most common way, that happens more than 28.8% of the time, it isn’t the on...
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...ts to repel it.” Identity theft protection laws are limited, so take action and defend yourself.
Works Cited
Cornell University Law School. Legal Information Institute. 15 March 2011. http://www.law.cornell.edu/search/index.html
Hoffman, Sandra K. and Tracey G. Mc Ginely. Identity Theft: A Reference Book. Santa Barbra, California: ABG – CLIO, 2010
Identity Theft Assumption Deterrence Act. United States Federal Trade Commission. 30 Feb 2011. http://www.ftc.gov/os/statues/itada/itadact.htm
Identity Theft and Identity Fraud. The United States Department of Justice. 14 Feb 2011. http://www.justice.gov/criminal/fraud/websites/ idtheft.html
Katel, Peter. "Identity Theft." CQ Researcher 10 June 2005: 517-40. Web. 15 Feb. 2011.
Lexis Nexis Academic & Library Solutions. 15 March 2011.
Vacca, John R. Identity Theft. Upper Saddle River, NJ: Prentice Hall PTR 2003
Identity theft has been a major issue of privacy and fraud. In the data breach analysis from the Identity Theft Resource Center (2013), the number of data breaches from the year 2005 to 2012 increased. In 2012, there had been 49% where the data breach exposed people Social Security Number. The data breach of 2012 has a rate of 27.4% caused by hackers. These breaches were commonly from 36.4% businesses and 34.7% health and medical (Identity Theft Resource Center 2013). The number of identity theft varies from physical possession to digital possession. At least one-fifth of trash cans contains papers listing people’s credit card number and personal information. People that throw away their trash mails contain much personal information that is useful to steal someone's identity (Davis, 2002). Technology becomes a need where people use it daily and as a result it has also become a use for identity theft as well. Throughout the years as technology develops so does identity theft. This paper shows the types, methods and technique used for identity theft, and it also examines possible risk of identity theft from current technology.
Identity theft is an increasing epidemic. Some of the ways a person can commit identity
This is the way I discovered last year that I had become a victim of identity theft. Weeks and months later, I learned that, in addition to making fraudulent charges to my credit card, the criminals opened several cell phone accounts using my name, address, date of birth, and social security number. They even had the audacity to have two phones purchased illegally added to my existing, legitimate cell phone account. At times, I loathed opening my mailbox for fear of finding yet another invoice asking me to pay hundreds, sometimes thousands, of dollars for these lowlifes to buy and talk on cell phones. Should you ever find yourself in a similar, unfortunate situation, know that the Internet contains web sites that can he...
I’ve decided to write my research paper on the issue of identity theft. Identity theft has occurred all throughout history in various ways and forms. Today, it is one of the fastest growing crimes occurring all over the world. Data suggests that identity theft accounts for roughly $50 billion stolen each year from citizens and businesses in the U.S. I believe that more attention should be targeted towards identity theft because of the detrimental effects it can have on a single victim and on our nation’s economy. Topics I will discuss include statistics about the crime, laws that protect the victims of the crimes, and what we are doing to prevent future attacks from happening.
With social media websites being the main hub of personal information, advertisers are consistently monitoring our social media activity, having the ability to look into our personal information. In the article "Advertising and Consumer Privacy: Old Practices and New Challenges." by Justine Rapp states, “Fueled by advances in capabilities and interconnectedness of computer based technology, advertisers are able to collect and assimilate information on consumers like no other time history” (51). Facebook has become the number one, social media website around the globe. It is the most popular website used by personal and business users in today’s society. In the article “Using Social Media to Reach Consumers: A Content Analysis of Official Facebook Pages” by Amy Parsons states, “As of July 2011, the social network site Facebook claims to have over 750 million members and in the terms of activity.” (27), making it easy to meet and connect with others. Facebook is considered the “hot spot” for online social activity, however, it exposes personal information about its consumers to
"The Cost of ID Theft, Part 1: Beyond Dollars and Cents." Commerce Times: Business Means Business. N.p., n.d. Web. 18 Nov. 2013.
Journal of Internet Banking & Commerce, 18(2), 1-11. Retrieved from http://www.arraydev.com/commerce/jibc/. Sullivan, C. (2009). The 'Standard'. Is identity theft really a theft? International Review of Law, Computers & Technology, 23(1/2), 77-87.
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.
Social Networking sites play an essential role in today’s culture as they provide people with the ability to interact, blog, share pictures and videos, flirt, and date without having to move an inch. People pour their minds and hearts into the world of cyber communication; it is an easier way for them to clear their heads without having a face-to-face confrontation. Undoubtedly, this is advantageous to certain people. It helps establish connections with people, friends and family from any corner of the world, but one cannot ignore the extensive privacy breach that occurs in the universe of online social media.
III. Thesis Statement: Identity Theft is rapidly becoming a national issue because anyone of us could be a victim of identity theft. How we protect our self, keep our information private, identify any signs of identity theft, and report and repair our credit is up to each one of us. We have to be vigilant about our protecting ourselves from criminals.
Dyke, Van, and Albrecht W. "Identity Theft." U of NEBRASKA–LINCOLN. U of NEBRASKA–LINCOLN, n.d. Web. 26 Jan. 2014.
One of the things though is that we don’t only see schemes on social networks it could happen on any site that requires you to share information. Things like online shopping require you to share some of your personal information along with your bank information so if the site doesn’t have a strong security system it can have consequences. There are intelligent hacker1s and scammers that can breach the security system and steal your bank information. Three simple steps such as typing your name, birthdate, and zip code is more than enough for someone to try and steal your identity or use your information to their advantage. Theodore Claypoole in “Privacy and Social Media” said how the United States is trying its best to pass laws and keep up to date with new software in order to help protect people from falling into the realms of cyber criminals (Privacy and Social Media). As time passes technology is advancing and sharing our information is becoming easier, so it’s necessary for our security software to be up to
However, much like any other part of the internet, social networks can be frought with serious security risks, both for your person, and your data.
Many factors play right into the advantage of identity theft through social media. One of the most important is the lack of user knowledge of the social media or website they are using. Social media such as Facebook, twitter, LinkedIn, among others have insecure data for their
America,” (Weidenfeld 1). Being the number one crime, identity theft is very dangerous. If your