The number of adult Americans with Internet access were expected to increase from about 88 million in mid-2000 to more than 104 million at the end of 2004. (Claburn, 2004)The Census Bureau of the Department of Commerce approximated that in the fourth quarter of 2000, online retail sales amounted to $8.686 billion, a boost of 67.1 per hundred from the 4th quarter of 1999. (Haeberle, 2004) Total ecommerce sales for 2000 were an approximated $25.8 billion, accounting for 0.8 percent of all sales. Bankers, for instance, who conduct online banking transactions are particularly vulnerable to fraud and identity theft (Sullins, 2006).
Unfortunately, but not unexpectedly, the rise in ecommerce has become fertile ground for fraud, resulting in a loss of billions of dollars yearly worldwide (Bolton & Hand, 2002). Apparently, the fraudsters are quick to realize the potential of a new technology or system to propagate deception and identity theft, and early on exploit it to their benefit. Long-distance telemarketing became the channel of such criminal activity when it was first introduced in the 1970s. So too the pay-per-call service when it became accessible in the late 1980s. Internet technology is the newest attraction for opportunistic fraudsters who take advantage of it for personal gain. The problems facing law enforcers is the rapidly evolving techniques used by the fraudsters (Acoca, 2008).
The rapid increase in the number of complaints associated with online deception and fraud bears this out: in 1997, the Commission obtained less than 1,000 Internet deception complaints; the following year, the number had expanded eight-fold. Although most Internet deceptions arise from customary scams, the variety of techniques ingeniously devised to exploit the new technology is quickly proliferating. There are the more insidious methods that feed on the publics fascination with - and doubt of - new technology. Their
The paper examines the influence of the Internet on deception and persona robbery and will address the issues surrounding the difficulty of security and inadequacy of legislation against these crimes. The challenges inherent in characterizing both misdeeds are delineated, their…
It has become pertinent for people and organizations to display their identity information in a more sensible and restricted manner so as to avoid an unwanted situation in which someone else wrongly benefits from their identity information. As the online social media has expanded, likewise, the identity theft crimes have increased manifold.
One of these innovative ideas that has become quite popular in recent years involves the stealing of another person’s identity. Identity theft involves the use of another individual’s personal information to gain access to financial and other information that would benefit the criminal.
Computer security is closely connected to such disciplines as ethics and risk analysis, and is considered with topics such as computer crime; the prevention, revealing, and remediation of attacks; and identity and anonymity in cyberspace. In the given paper we will consider the Identity Theft as one of topic related to the ethics in computing, will examine the nature of the given problem, methods of its investigation and prevention.
Identity theft can be broadly categorized as Financial Fraud and Criminal Activities. The most common forms of identity theft for Financial Fraud occur when someone obtains another person's social security number, driver's license number, date of birth, and the like and uses it to open a fraudulent bank, credit card, cellular telephone, or other account, or to obtain false loans.
The rise in the plastic card industry has been result of the innovation and marketing competence of banks worldwide. These developments were enhanced by parallel developments in information and communications technology (ICT) which made real time online transaction a possibility within and across countries and financial markets (Almiron, 2007).
The key words: identity theft, victimization, response.
Identity theft has been a problem for years, and has become one of the fastest growing crimes in the nation. Identity theft is when someone uses your name, social
The author states that the term ‘identity theft’ focuses on the act of obtaining personal information required for perpetrating impersonation. It may be defined in the following manner: “Identity theft and identity fraud are terms used to refer to all types of crime in which someone wrongfully obtains and uses another person's personal data.
The more efficiently and expediently computers and the Internet that connects them process and exchange information for the benefit of the consumer and the corporation, the more ways there are to illegally obtain that information and use it for various nefarious ends.
uses your personally identifying information, like your name, Social Security number or credit card number, without your permission, to commit fraud or other crimes."
Today Identity theft in the US is quite widespread causing huge problems for individuals. The FTC has estimated
10 pages (2500 words)Essay
Hire a pro to write a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Apply my DISCOUNT
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you an essay for FREE
Contact us via Live Chat, call us at +16312120006or send an email to email@example.com