Identity Theft Essay

Identity Theft Essay-33
Today, we have the “Identity Snatchers,” individuals and groups of individuals who steal the identities of others and use them to garner money, make purchases, etc.By the time the “theft” has been discovered, the victim has at least a year’s worth of agony ahead, righting the wrong.

Today, we have the “Identity Snatchers,” individuals and groups of individuals who steal the identities of others and use them to garner money, make purchases, etc.By the time the “theft” has been discovered, the victim has at least a year’s worth of agony ahead, righting the wrong.

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For people, detecting impersonation is a hard problem for three reasons: we need to verify the identity of people we don't know, we interact with people through "narrow" communications channels like the telephone and Internet, and we want computerized systems to do the verification for us.

Read More → THERE ARE THREE REASONS for breach notification laws.

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Decades ago, there was a science fiction movie called “The Body Snatchers.” Huge seed pods landed from outer space, containing aliens that took on the exact physical characteristics of a person and “became” that person, except with no human emotions.

And, most importantly, we need to make financial institutions liable for fraudulent transactions. Today, more and more money is on the Internet: millions of people manage their bank, Pay Pal, or other accounts-and even their stock portfolios-online.

It's a tempting target-if criminals can access one of these accounts, they can steal a lot of money.

Because it is such a huge issue, the identity theft essay or paper has become a hugely popular assignment in high schools and colleges, in a variety of courses – English, IT, sociology, economics, business, and psychology, to name a few.

And it is favorite topic for students when they are given a choice for their essays and papers.

On the other hand, individuals who suffer when personal information is exposed don't have the capability to protect that information.

Read More → California was the first state to pass a law requiring companies that keep personal data to disclose when that data is lost or stolen. Now Congress is debating federal legislation that would do the same thing nationwide.

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