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Identity Theft Issues

Submitted by BlueTbag on March 11, 2007

Category: Technology
Words: 3062 | Pages: 13
Views: 338
Popularity Rank: 27,610
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Identity Theft

INTRODUCTION

Theft was once the practice of snatching a purse or the obtaining of credit cards, identification or a break in but with the invention of the internet brings society to new level of virtual theft. The consumers and business model is the reason of a weak defense against internet crimes. The willingness of credit approval, third parties information acquisitions, individual victim’s unawareness of personal data leakage and the insecurity of internet transactions are all contributors in allowing identity theft to bring damage to society. Identity theft has become one of the fastest growing crimes in the world.

HISTORY
Traditionally, theft required the physical force especially in a violent struggle to obtain a purse or a car. In the field of computer theft, physical violence is not a prerequisite but rather computer knowledge is the essence. The term still fits within the English law set by the Theft Act of 1968 defining it as, “The dishonest appropriation of property belonging to another with the intention of permanently depriving the other of it.” None of the less, all crimes are of dishonesty. Identity theft is the unauthorized use of credit card numbers and perhaps even other personal numbers resulting in acts of financial responsibility. Millions of people can easily be reached on the World Wide Web. At times, the purpose of identity theft was for illegal immigration, permanent identity changes, espionage, blackmail or terrorism. The cause and effects are disastrous and often are associated with financial liabilities. Thus, the topic is very broad because the idea of theft could range from impersonation shopping to phishing. To narrow down the definition of identity theft, credit and fraud is the key description. Without a doubt, financial theft has evolved.

Statistics and Facts
All companies either offering credit or online purchases are at fault. To...

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