This paper discusses identity theft in terms of its impact, its character and its prevention. In the paper, particular attention is given to the types of primary identity theft classifications, some online methodologies of identity theft and finally, some preventive measures. The paper discusses how identity theft is found to be a massive problem in terms of financial losses to both corporations and individuals and is expected to grow in severity over the next few years.
From the Paper
"Identity theft occurs when an unauthorized person obtains another's name and a piece of critical identifying information about that person such as a credit card or bank account number, social ...view middle of the document...
His immortal words, "honey, you worry too much," had reassured her, for she trusted him implicitly. He had convinced her back in 1999 that they shouldn't buy any Enron stock, and ever since the infamous Texas corporation had imploded, costing stockholders hundreds of millions of dollars, she had always let him have complete control over the handlingThis paper discusses that identity theft is increasing in magnitude and has become a serious threat for a large portion of the population.
2,535 words (approx. 10.1 pages), 5 sources, MLA, 2005, $ 61.95
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This paper explains that what makes identity theft such a concern for the public is not simply the number of people it happens to but the fact that it can occur without the victim's knowledge. The author points out that the primary difference between identity theft perpetrated over the internet and identity theft perpetrated in other ways is the speed by which personal information can be obtained and the distance it can travel. The paper relates that the essential preventative steps are fairly simple and require very little effort, but most people still fail to adhere to all of them; (1) Review your credit reports at least every six months, (2) shred all of your personal papers, receipts, old utility bills and pre-approved credit card offers before you toss them in the trash, (3) keep your social security card and birth certificate in a safe place other than your wallet or purse and (4) have your name removed from mailing lists for pre-approved credit card offers.
Table of Contents
Identity Theft on the Internet
Identity Theft: Managing the Risk Management
What's New for the Future of Identity Theft Prevention
From the Paper
"Insurance companies have an obligation to provide you with the greatest protection imaginable from identity theft. "Insurance agents should warn affluent customers...