Cyber Crime and Identify Theft - Essay Example

Cyber crimes have both international and local engagements in which a government may choose to do so through spying on other governments or by non-state actors who may use these avenues to conduct financial theft (Girard 399).... Principally, cyber crimes that target computer devices or their networks include viruses, malicious software (Malware) while those that may originate from computer devices or networks include fraud, information warfare, and identity theft among a list of other documented crimes (Turrini & Ghosh 51)....

hellip; According to the United States Federal Trade Commission, over $10 million in consumer funds are lost annually to identity theft in the country, totaling over $50 billion of reported losses.... million consumers became victims of identity theft, with 6.... Cyber-theft knows no boundaries, and the tendency for such crimes to be commissioned through a network of communications is extensive.... At the Sixteenth Session of the United Nations Economic and Social Council (UNESCO) Commission on Crime Prevention and Criminal Justice in 2007, the Results of the study on fraud and the criminal misuse and falsification of identity in a Report of the UN Secretary-General toward 'international cooperation in the prevention, investigation, prosecution and punishment of fraud, the criminal misuse and falsification of identity and related crimes' set the international platform toward legislative policies pertaining to cyber identity theft, and the economic impact of transnational fraud....

The paper "cyber crime: the Latest Ways to Steal Identity and Money" will begin with the statement that cybercriminals have known that is less risky, less difficult, and more satisfying to steal financial information through identity theft than the traditional crime method like armed hold-ups in banks.... hellip; According to the findings, it can, therefore, be said that identity theft refers to the stealing of peoples' personal information or data that will enable the attacker to impersonate his or her victim....

In these days, it is easier to do crime, as criminals are able to encode the data, which is showing some proofs against their delinquent actions, and also transfer such data regardless of having fear of being noticed from Police side or Law agencies.... As the internet has astonishing effects on this area, where it is being impossible to detect a person due to the fact that the crime can be held regardless of any geographical area....

This information was utilized for identity theft.... Additionally, the paper "Technology and crime" describes various areas of technology-based crimes....   … The variety of technology-based crime is always growing, both as a result of technological alteration and in terms of social interactions with new technologies.... Cyberstalking is a crime in which the aggressor threatens a user of the internet using electronic sources, such as e-mail or instant messaging, or messages commented to a Web site or a group....

The paper "cyber crime" discusses that generally speaking, there is still hope for everyone in the cyber world that the advent of new technology not only provides loopholes for criminals to get in and opportunities to spin the world on their fingertips.... Cybercrime is the crime or any malicious and wrongful activity targeted at a computer or a computer system (Stephenson, pp.... cyber Crimes have been categorized into two different classes....

identify theft is defined as the confidential information of an individual is used to trade in for money by means of fraud.... As every year the number of identity theft is increasing along with the cost and mental stress the victims have to bear associated with the severity of the theft.... As the Internet continues to evolve, threats related to hacking and security breaches are protected by cryptographic protocols but electronic identity theft has risen....

This research will begin with the statement that crime rates are increasing day by day everywhere because of the problems in the society, changing lifestyles and life philosophies.... However, US and UK are two of the richest countries in the world and still crime rates increasing day by day in these countries.... Cybercrime, burglary, organized crime, gun violence etc are some of the major criminal activities seen in the United States and the UK....