...Preventing Data Security Breaches And Identity Thefts Information Technology Essay Current online marketing strategies deliver immense benefits to the modern global firm by way of better market reach, cheap and convenient transaction possessing, multiple online payment options and real time consumer data management. Marked benefits are commonly discernible in the area of internet based business-to-business or B2B, and business-to-consumer or B2C e-commerce models. These online commerce models rely on digital marketing for their success, which in turn in essentially a remarkable success of information technology and data management techniques. However, the growth of digital marketing is getting severely affected by the misuse of technology by criminals and unscrupulous persons in various ways. Such misuse of technology encompasses identity theft, data loss and other data security breaches. Increasing information security breaches and cases of identity theft in recent times threaten the marketing of products and services either online or offline like never before. This paper attempts to understand issues and outcomes of identity theft, data loss and security breaches on the present and future global marketing environment by examining several secondary sources of information. 2. What is identity theft? We can help you to write your essay! Professional essay writers Our writers can help get your essay back on track, take a look at our services to learn more about how we can...
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...individuals and institutions, but it also damages the consumer confidence of valid Internet businesses and e-commerce. There are many forms of Internet fraud which Internet patrons need to be aware of and cognizant of. This paper will explore major classifications of Internet fraud, provide information on how to deal with Internet fraud, relay actions taken by the government to thwart Internet fraud and prosecution thereof, and also take a detailed look into one type of Internet fraud especially, identity theft. According to the Department of Justice (http://www.usdoj.gov/criminal/fraud/text/Internet.htm), Internet fraud is any type of criminal scheme that uses one or more components of the Internet to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions or to transmit the proceeds of fraud to financial institutions. Major types include; online action and retail scams, business opportunities or work-at-home scams, investment schemes, phishing, and identity theft and fraud. Seventy-five percent of fraudulent parties contact their victims via web-sites, while the remaining twenty-five percent contact their victims via e-mail correspondence as reported by the National Consumers League’s National Fraud Information Center/Internet Fraud Watch program, Internet Scam Fraud Trends...
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...The Threat of Fraud Tracey Brewer American InterContinental University Security and Loss Prevention CRJS270-1301B-01 Jade Pumphrey March 28, 2013 Abstract Identity theft, whether on a personal or business level is a criminal act. So, for many years individuals have plotted and schemed to come up with scams to obtain personal information from other individuals or organization to either sabotage one’s reputation or obtain financial gain. Either way, this wave of criminal activity is wreaking havoc to innocent people and successful organizations everywhere. The Threat of Fraud Introduction Corporate fraud and executive identity theft are crimes that are on the rise. I don’t think corporations understand the impact this crime can have on their business. It only takes a few measures to ensure that the company is protecting against someone being able to access information that could bring the entire corporation to the ground. It can takes years to establish credit, build clientele and provide a service to the country or a community, however, it can only take the click of a mouse, that one email attachment or that one dishonest employee and your entire businesses financial data has been obtained, used or sold for the sole purpose of financial gain. Therefore, to protection your organization’s personal information. Well, it’s time to get the facts, take the necessary precautions, and start the process for what could be the first steps in protecting your organization...
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...Identity Theft John Smith Concepts and Applications of Information Technology 7 April 2012 Richard Jones Identity Theft Identity theft happens when someone steals your personal information and uses it without your permission. It’s a serious crime that can damage your finances, credit history, and reputation. It can take time, money, and patience to resolve. Once identity thieves have your personal information, they can drain your bank account, run up charges on your credit cards, open new utility accounts, or get medical treatment on your health insurance. Furthermore, the internet offers access to a world of products and services, entertainment and information. At the same time, it creates opportunities for scammers, hackers, and identity thieves (Privacy and Identity). Identity thieves are resourceful. They dig through your garbage, the trash of businesses, or public dumps. They may work or pretend to work for legitimate companies, medical offices, clinics, pharmacies, or government agencies, or convince you to reveal personal information. Some thieves pretend to represent an institution you trust, and try to trick you into revealing personal information by email or phone. Some of the clues that your identity has been stolen are for example: withdrawals from your bank account that you can’t explain; don’t get your bills or other mail; debt collectors call you about debts that aren’t yours; unfamiliar accounts or charges on your credit report; medical...
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...course of years thousands of people have misused use of internet and the computer with cyber-crimes. In Today's competitive world identity theft is increasing throughout the world. The main study of research is regarding identity theft in Internet technology. Well first and foremost, what is meant by the term 'identity theft'? A very short and simple definition for identity theft is stealing other people's personal details like Social security number, credit card details, Date of Birth etc. What are the criminals going to do with these details? Why they do that? What kind of technologies are they using to steal the other person's details? Is it becoming very dangerous nowadays? How is it possible to protect yourself from identity theft? In the UK, almost all of the people are using broadband services (BT Group Plc, 2006). The Internet is making everything easy for the consumer. Almost half of the population in the UK is using online banking, paying their bills, shopping and using the Internet to fulfil their day to day tasks. The Internet is a form of global communication throughout the world. Almost 60% percent of the people in the UK use online banking (BT Group Plc, 2006). It is quick, and reliable; however people are not aware of the threads in online banking. The majority of the people in the UK are becoming victims of online banking. Online business, internet auction, Phishing E-Mails, Trojans, and Man - in - the - Middle attacks, Easy Password, Spyware, Adware, Payment system...
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...Identity Theft Introduction Today, the United States is facing an ever-growing number of identity theft crimes. According to the Federal Trade Commission (FTC), nearly 10 million Americans suffered the consequences of this crime in 2004, and the commission received more than 5,000 telephone calls per week related to identity theft in 2005. According to the FTC(2006) most victims of identity theft are quite unaware of how their personal information was obtained. Identity theft happens when someone steals your personal information and uses it without your permission. It’s a serious crime that can wreak havoc with your finances, credit history, and reputation and can take time, money, and patience to resolve. (Identity Theft/ Consumer Information). The sharing of information on transaction identities is necessary for operation of these payment systems. However, this information sharing can facilitate fraud in the form of identity theft. Information sharing can also create conflicts of interest that may not be easily resolved through the operation of the marketplace. Thoughtful public policy should be aimed at resolving these conflicts. The ultimate goal of regulation should not be absolute privacy of consumers or complete suppression of identity theft, but instead the promotion of efficient confidentiality of personal information . Too much white space. What is Identity Theft? Identity theft is a crime when someone without permission uses of another person’s...
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...crime research Research questions • • • • • • • • • • How are cyber crimes committed (e.g. credit cards, internet)? How many crimes are committed and what are the crime trends? Who commits them and why do people commit them? How much money is at stake, lost and recovered? How can such crime be reduced – by prevention or punishment? Online and desk-based reviews of books, reports and articles Legislative and case-law analysis, including sentencing research Consultations with business, government and the community Surveys of households, businesses, offenders and victims Analysis of media reporting of crime Research methods Dissemination of findings • Reports, books, articles, conference papers, roundtables, online, media Cyber crime concepts Organised Crime e.g. OMCGs Identity Crime Cyber Crime e.g. off-line crimes e.g. ID theft Internet Crime e.g. Offensive Content Phishing Financial Crime e.g. Home renovation scams A chronology of cyber crime Cloud computing risks 2009 Wireless vulnerabilities 2007 M-commerce attacks 2006 Phishing 2002 Cyberstalking 1998 Cyberterrorism attacks 1997 Spam 1995 Identity crime 1995 Online piracy 1995 Botnets 1993 Child exploitation1990 ATM fraud 1985 Funds transfer fraud 1985 Extortion 1980 Denial of service 1980 Creeper virus 1971 Computer hacking 1970 Telemarketing scams 1965 Phreaking 1961 Organised...
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...1. What types of technology could big retailers use to prevent identity thieves from purchasing merchandise? Big retailers should implement a secure authentication technology to protect themselves from identity thieves or any other unauthorized persons making purchases. Authentication should be layered, utilizing two or more factors, consisting of something the authorized user knows, something they physically have, and/or something they “are” or biometrics (Baltzan, 2012). Some multi-factor authentication technologies include security tokens (hard or soft), mobile authentication (including digital certificates), and biometric means (finger print, facial recognition) (Rouse, n.d.). 2. What can organizations do to protect themselves from hackers looking to steal account data? In order to protect themselves and account data from hackers, organizations should, first, ensure that employees are trained and educated on the information security plan and that information security policies are in place and strictly enforced (Baltzan, 2012). Secondly, the organization should utilize prevention and resistance technologies such as “content filtering, encryption, and firewalls” (Baltzan, 2012, p. 151). 3. Authorities frequently tap online service providers to track down hackers. Do you think it is ethical for authorities to tap an online service provider and read people’s email? Why or why not? Ethics are relative to one’s culture and societal norms. Therefore, when the members...
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...centuries, the term ‘identity theft’ has meant many things. People have pretended to be other when committing crimes to avoid sentencing. Identities have been stolen in order to obtain certain medical care or drugs that would be unavailable otherwise. In this day and age, identity theft has become synonymous with finances. Thieves all over the world are using various methods to gain access to your money; and they’re more successful at it now than ever before. According to a 2013 Javelin report, 13.1 million people in the United States suffered financially because of identity fraud. According to multiple reports, that number is expected to rise in 2014 and beyond. As we get smarter about how financial identity theft is committed, criminals become smarter about gaining our sensitive information. When we became good about shredding old credits cards and bank statements, they used e-mail and phone schemes to coax us into giving our information to them. Companies invest millions of dollars into new technologies meant to keep criminals out of databases, and criminals simply bypass these obstacles with combinations of cutting-edge and archaic techniques. It’s a vicious cycle that seems to have no end. So how can we as consumers protect ourselves from these identity thieves? Consumers must take a more active role in their financial lives, especially when it comes to online transactions. People often rely on stores and banks to protect their identities online. This is a huge mistake...
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...areas. This study aims at identifying the problems that are caused by ICT in the application of electronic commerce and electronic business in rural Nigeria. The paper will point out these limitations and give solutions to each, thereby ensuring a smooth development process. The following limitations were found: System scalability and available customers, fraud and identity theft, delivery time and uncertainty, trust and customer satisfaction. Key words: Electronic commerce, Electronic business Methodology: The method used in this research is Internet research and personal observation. Solutions To The limitations Of E-commerce And E-business According to Wikipedia: “Electronic commerce consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. It is more than just buying and selling products online. It also includes the entire online process of developing, marketing, selling, delivering, servicing and paying for products and service”. Wikipedia also stated: “Electronic business may be defined as the application of information and communication technologies (ICT) in support of all the activities of a particular business” This type of business has many disadvantages that deprive people of its advantages especially those in the rural areas” E-commerce and E-business are very important ICT tools that can help businesses and organizations...
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...Identity Theft: Fastest Growing Crime Tracy A. Baggett DeVry University Keller Graduate School of Management Identity Theft; Fastest Growing Crime Imagine waking up to news that you had accumulated hundreds of thousands in debt after someone used your identity for unauthorized purchases. This is exactly what happened to John Harrison, a Connecticut salesman. Jerry Phillips, the twenty year old who stole John Harrison’s identity went on a shopping spree that included purchases to Home Depot, JC Penny, Sears, Lowes and even bought two cars from Ford, a Kawasaki and a Harley. In just four months Jerry Phillips was able to accumulate $ 265,000 in purchases. Jerry Phillips was later arrested and imprisoned for three years. He even went as far as to apologize to John Harrison saying, “Sorry. You know, I wish I could make it up to you.” John Harrison felt that the nightmare was over with the criminal behind bars and even verbally acknowledging his regret over the crime. But despite all of this and a letter from the Justice Department confirming that John Harrison was a victim, he still found himself owing $140,000 to different creditors. How about waking up in the middle of the night realizing that federal agents just entered your home with guns pointed certainly qualifies as one of the most horrifying ordeals in anyone’s life. This is exactly what happened to Carlos Gomez, a UPS driver accused of being involved in a million dollar money laundering operation headed by a Wachovia...
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...IDENTITY THEFT NAME: INSTITUTION: IDENTITY THEFT Identity theft refers to a situation where a person uses information used to identify another person, such as their name, credit card number or social security number without their permission, in order to commit fraud or other crimes. In other words, it is stealing the identity of a certain person and pretending to be that person by assuming their identity, usually so as to access their resources or to obtain recognition and other profits in their name (Cheney, 2005). There are many forms of crime related to identity theft. Some identity thieves rent apartments or get credit cards or phone accounts in the names of their victims. These victims may not learn out about it for some period of time, until they notice some charges they did not make, or are contacted by a person or people claiming that they owe them. It may sometimes cost them hundreds or thousands of dollars and a lot of time while trying to undo the damage (Keith, 2005). Identity theft could ruin an otherwise spotless reputation. It could also lead to much suffering if the victims are held responsible for the thief’s actions. TYPES OF IDENTITY THEFT Identity theft can be divided into the following categories: • Criminal identity theft, that is, pretending to be another person when arrested for an offense • Child identity theft. • Financial identity theft, that is, using the identity of another...
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...Online Purchasing Problems Introduction Today, online purchasing is becoming more and more prevalent in our society. People find it easier to purchase online than outside their home because it is simply more convenient. People live extremely busy lives and purchasing online has become a very simple and easy process. No longer do people have to leave the comfort of their own home or wait in long lines at stores. With a few clicks, they can have products ordered and delivered to their homes within a few days. This is extremely handy for people who work long days or have to take care of their children. Online shopping is becoming the new wave for the future. However, this process can be scary for first time users and can leave consumers skeptical of the safety and protection of their personal information. First time online shoppers might be afraid to make the change from personal to digital. Many consumers fear the possibility of problems because they are not dealing with individuals in a retail environment. They fear the possibility of identity theft by hackers and problems with hidden costs and uncertain return policies. These problems do occur with online shopping but there are certain steps and measures that can be taken to reduce these problems. The digital firm is a way for everyone to make their lives easier and less stressful. Identity Theft Shopping online can increase your risk to being a victim identity theft. Computer crime is growing now that more...
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...The Internet growing technologies have created vast opportunities for business growth and likewise increased the exposures of businesses and organizations’ information assets; consequently jeopardizing the key elements of information and systems security—confidentiality, integrity and availability (Kim, Ullrich & Wang, 2012). Online criminality has over the years become a prosperous economic industry especially in the emerging markets; the perpetrators, largely motivated by financial or military interests (Kim et al., 2012; Tuluc, 2012). Kim et al., (2012) observed that there has been a tremendous rise in the threats of malicious attacks globally—a appreciable increase of 71% between 2008 and 2009 was noted. A specie and very popular scam is Phishing and Identity Theft (IDT). This type of online crime is a fraudulent scheme whereby attackers invade the victims’ privacy and obtain their personally identifying information (PII) such as credit card numbers, CVV numbers, credit card reports, social security numbers, drivers license numbers (usually used in gaining short-term driving jobs), telephone calling cards, ATM card details, Mortgage details, date of birth details, passwords, PIN numbers, etc. (Hedayati, 2012). These details are used by online criminals to perpetrate larceny against their victims who may have compromised their PIIs through social engineering—a preliminary attack technique used by the attackers to trick victims into compromising such details to the criminals...
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...Data Theft Paper Data Theft Paper Data theft is when information is unlawfully copied or taken from a business or individual. This information is user information such as passwords, social security numbers, credit card information, other personal information, and confidential corporate information. Within this paper several examples will be giving as, I explore how data theft has affected individuals and organizations. What can organizations and individuals do to protect them from becoming victims of this type of fraud. When stolen data happens such as people’s identities or an organization’s information the potential harm is huge with major economic and legal implications. The worst thing about the data theft is that it can remain undetected. It is devastating when you find out as a boss that an ex-employee has stolen the company information for personal gain, profit, or to ruining the company completely. A survey released by Information Week (informationweek.com) and Accenture in July 2007 showed that 89 percent of 1,010 U.S. companies still felt vulnerable to data theft (McNurlin, Sprague, & Bui, 2009). For example the Boeing Company had an ex-employee who illegally downloaded thousands of pages of significant business documents to his computer. It was anticipated if any of those documents had gotten into the wrong hands of Boeing’s competitors it could have cost them $5 to $14 billion dollars (McNurlin, Sprague, & Bui, 2009). In 2008, a data theft...
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