Team Project On Identity Theft
I chose the topic of identity theft and how it affects the companies who issue individuals credit. With this becoming an increasing problem companies will be forced to put new strategies in place to protect its clients and to convince them that they are a safe company that will not be affected by identity theft. This is associated with the class because it affects how companies will have to strategically plan to bring in new clients we are afraid this theft will happen to them. Companies will also need to initiate new strategies to keep up with the changing technology.
Sources
Regnier, Pat. The ID Theft Protection Racket. Money. New York: Sep 2005. pg. 112, 4 pgs.
Sivy, Michael. Toddler Fraud. Money. New York: Dec 2005. pg. 32, 1 pg.
Wood, Peter. Identity Theft in the Corporate Network. Credit Control. Hutton: 2005. pg. 28, 2 pgs.
Questions For Discussion
1. Should individuals be held liable if their identity is stolen? To what extent? What if individuals are children?
2. What, if anything, should companies be responsible for if they issue credit to the wrong identity?
3. How should credit scoring be affected by identity theft?
4. Should there be a limit on how often you can claim your identity has been stolen?
Meeting Minutes
Meeting took place on 11/28/05 at 4:00 p.m. in the Pioneer Student Center.
Team Members Present and Their Roles:
Jennifer Klein Facilitator
Mike Nevers Team Leader
Meghan Borleske Team Recorder
Jodi Nevers Team Member
All members have read the current articles for reading which included:
The ID Theft Protection Racket by Pat Regnier
Identity Theft in the Corporate Network by Peter Wood
Toddler Fraud by Michael Sivy
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