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Essay / Research Paper Abstract
Identity theft is the subject of focus of this 7 page paper. How information systems enters this area is contemplated. Suggestions are provided. Bibliography lists 8 sources.
Page Count:
7 pages (~225 words per page)
File: RT13_SA710id.rtf
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Unformatted sample text from the term paper:
information such as an address and mothers maiden name, they can apply for credit. The problem is that the thieves get the items bought on the newly obtained credit and
the true owner of the identity gets the bill, at least eventually. Citibank now has a humorous ad campaign depicting identity theft victims and the thieves who use their cards.
It is a problem that is now very well known to industries as well as to ordinary people. Hence, people take precautions, but theft continues to be a problem. How
prevalent is identity theft? In early 2003, the Wall Street Journal reported that the number of such cases had doubled ("Identity-theft," 2003). The FTC in 2003 claimed that during a
period of one year, victims numbered ten million (DAlvise, 2005). That is equivalent to 4.6% of the adult population (DAlvise, 2005). The average monetary loss per victim is
about $18, 0000 ("Identity," 2002, p.68). Estimates vary, but identity theft obviously costs a lot of money for those who have been defrauded in lost opportunities as well as in
time and money to correct the problem. First, it is important to define identity theft. What is it, and how does it occur? II. What is Identity
Theft? The American government defines it as follows: "Identity theft occurs when a criminal uses another persons personal information to take on that persons identity" ("Identity Theft,"
2006). There are numerous cases of identity theft and it culminates in a variety of ways. Sometimes, identity theft occurs in "rings" where numerous numbers are stolen at once. One
report notes a ring that stole as many as 30,000 identities ("Security Experts," 2002). Sometimes, identity theft is a crime where one individual steals one number and masquerades
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