identity theft questions :
Identity theft is a term first appearing in U.S. literature in the 1990s, leading to the drafting of the Identity Theft and Assumption Deterrence Act
1)Give at least three examples of how identity theft can occur:
A classic example of consumer-dependent financial crime occurs when Bob obtains a loan from a financial institution impersonating Peter. Bob uses Peter’s personal identifiers that he has somehow acquired. These personal identifiers conform with the data retained on Peter by national credit-rating services. The identifiers include surname, given names, date of birth, Social Security number (U.S.), Social Insurance Number (Cda), current and former addresses etc. These data are all part of credit header information retained by credit-rating services. For Bob, these crimes are non self-revealing. With consumers being credit-dependent, the onus shifts to them to re-establish their credit-worthiness with the lending institutions and credit-rating services.
2)How can identity theft ruin financial resources?
Financial ruin
ID theft can destroy your credit and wreck your life
If you think a criminal has to break into your home, office or vehicle to obtain your personal data, think again.
Going about your daily routines, paying bills, buying groceries or gas, or shopping, can unknowingly lead to months, if not years of heartache and financial chaos. Public places are a prime hunting ground for criminals who want to steal you identity by secretly obtaining credit or debit card information. Don’t just worry about shredding personal documents at home but rather pay as much attention while in department stores, restaurants and convenience stores, not to mention shopping online, to those who may be stalking you. Or more accurately, stalking your account numbers. Finishing, they could get your pasword and your credit card number so they could stell all the money they want to and youdont now because is like stilling your card password so they could get allk the money they want but when u blocate the card it will be too late.
3)How serious of an issue is it, are there any statistics on the crime rates?
by stealing the i.d user of a man of bussines that have acces to financial records,this could leaf with 0 money the bussines(knowledge)
4)How serious of an issue is it, are there any statistics on the crime rates?
it´s avery big issue we have to worry about,because it might may make a big change in our economic and social lifes.(knowledge)
A Summary of the Identity Theft Statistics in 2003:
Number of victims: 9.9 million
Average loss to businesses per victim: $4,800
Loss to businesses: $47.6 billion
Average out-of-pocket loss for victims: $500
Total loss to victims: $5 billion
Hours spent per victim resolving the problem: 30
Hours spent resolving problem: 297 million
5. Is it easy to become a victim of identity theft, explain why or why not?
it´s depent the amount of security you have in your computer,but there always be wakers better than your security. some people know lots about of computer and can fight with the identity theft but some and almoust all the pople are infofensive
6. What sort of problems will a victim have after an identity theft?
he might have less money in the bank,he might have a chaos on the email and if the person who is steled dosent know that they have steal his acount they could steel lots of meonoey
7. What type of information is usually taken in a theft?
cedits cards information,i.d and password of your accounts, informacion about you or someone, etc...
8. How is this information obtained?(9.)
1. Shred any documents you receive that contain any personal information. This includes credit card receipts and pre-approved credit applications. This important tip alone can offer you more protection against identity theft than any other suggestion here.
2. Never give personal information to people over the phone, on the Internet or through the mail. Identity thieves will claim to be from the government, your bank or even law enforcement. Keeping your personal information private is one of the best ways to prevent identity theft.
3. Check your credit reports from all three major credit bureaus at least once a year and look to see that everything is accurate. If you find an error, dispute it immediately for protection against identity theft.
4. Be aware when your bills usually arrive every month and check them over carefully. Thieves can steal your credit card statements and this popular type of identity theft has been around for decades.
5. Don’t use common numbers like your birthdate or the last four digits of your Social Security number for your ATM password. If you have done this change it immediately. This is a common mistake people make and one of the quickest ways to prevent Identity theft.
6. Never give out your Social Security number unless it is absolutely necessary. Your employer, financial institution and doctor need it for identification and tax reporting. But if someone else asks for your Social Security number, always question why they need it and be cautious when giving it to anyone.
(http://ezinearticles.com/?6-Ways-To-Prevent-Identity-Theft&id=45951)
10. Finally, what should you do if you have been victimized by identity theft?
First of all you should block your credit card for prevent of getting money from you, then you can call an specialist in identity theft to know some more about you is stilling you and also to get back all your passwords and make them (intouchable) by other identity theft.
