Thursday, February 28, 2013

Identity Fraud and Identity Theft

Explain the terms identity Theft and Identity device and how they are different. Discuss some examples of the above terms and rationalize how consumers can protect themselves from this type of crime. (10 Marks)
Identity fraud (also called individuality thievery) is wh
en somebody pretends to be other somebody. Identity theft included any unauthorised usage of another someones someoneal information with the intention of committing fraud. A persons identity and personal information are blue-chip but we live in an information age where this information can become available to others who might use this to exonerated up bank accounts, get credit cards, loans, welfare benefits, subvert things in your name and even apply for passports and driving licences in your name.
Identity theft includes any unauthorized usage of anothers personal information with a fraudulent intention. cultivation most commonly stolen can start with a persons address, and include their National Insurance number, drivers license, or any means of identification. From this, a criminal would stimulate benefits from the stolen identity, and it takes great investigation to track its path.

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This crime is a ripening threat

Early this year, Sky News Investigator Jason Farrell reported that Identity fraud has risen to a record level gibe making it more likely for people to commence their identities stolen. Criminals straightway use online methods like hacking, malware or Phishing emails to steal peoples personal information. Most astonishing is that identity theft makes up 58% of all fraud.

An individual might not experience straight away if their indentity has been stolen. Therefore it is important that they protect their exposit and are aware of any signs that their identity might have been stolen. There are many examples of instances where an individual will be affected with ID theft/fraud and these include when someone sees different payments or direct debits appearing on their bank account, or realising that some important mail...If you want to get a secure essay, order it on our website: Orderessay



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