Cyber Crime Id Theft And Credit Fraud - 1411 Words

It is 2012, and Information Technology (IT) is revolutionising society, culture, communication and general Multimedia (MM) in a new fashion. This new fashion is no longer constricted to one continent; it is global. Nor is it constricted to one construct; technology converges ever more rapidly. According to Moore’s law; the doubling of transistors on integrated circuits (ISSCC, 2003) it expects more powerful information technology, and also expect technologies to continue their concrescence to new more powerful appliances with new features. Since the new technologies/features are on the increase via â€Å"accelerating returns† (Kurzweil, 2001), there is a concern within this essay and an ever increasing global population in the context of privacy, laws and ethical considerations. If it were not hiding under a rock the last several years that would have seen the random outlier news stories. TV discussions about cyber-crime ID theft and Credit fraud, teen sexing (sexual content text messaging) or the armed forces cadet sex tape scandals. However, it is noticed other technological privacy issues like airport full-body scanners, it’s appreciated that one’s privacy seems to be at greater and greater risk. In today’s busy technocratic world, the context of privacy in the face of new cyber technologies is ever more pertinent as technology reaches ever further into ones personal lives with; consumer privacy, medical privacy, employee and workplace privacy (Tavani, 2011). By now variousShow MoreRelatedWhat Is Cyber Crime?1424 Words   |  6 PagesWHAT IS CYBER CRIME? Crime is a common word that we always heard in this globalization era. Crimes refer to any violation of law or the commission of an act forbidden by law. Crime and criminality have been associated with man since long time ago. There are different strategies practices by different countries to contend with crime. It is depending on their extent and nature. It can be concluded that a nation with high index of crime cases cannot grow or develop well. This is because crime is theRead MoreIdentification Theft And Identity Theft947 Words   |  4 Pages and when a person is a victim of identity theft, it is this distinct characteristic that is stolen Therefore the victims of identity theft often feel a deep sense of violation as they struggle to reclaim their good names. The government must implement better regulations to help put an end to this crime which is affecting millions of innocent Americans. Until then there are three important ways individual must protect themselves against id entity theft, customers should understand how identity thievesRead MoreIdentifying The Different Ways Online Identity Theft1462 Words   |  6 Pagesways online identity theft can be achieved by a cybercriminal Identity theft is when your personal details are stolen. Identity theft occurs when someone steals your personal information with the intention to access bank accounts for example, or commit many other crimes in your name and at your expense. Identity theft is a growing threat in the uk which is increasing at a rapid rate. It is said that it could be one of the leading threats in the coming years. Analysis of fraud trends in 2012 revealedRead MorePreventing Identity Theft Essays1198 Words   |  5 Pagese-commerce. We all take a sort of false comfort in the basic anonymity of the internet; however, when we think about it, that could end up being the single biggest risk to our own safety today. When we typically think of crimes committed against us, we could probably name several: mugging, theft, scams, murder, and rape. For these, things we all take as many necessary steps as we can to help lower the chances of them happening to us because they are on the forefront of our minds. However, most of us don’tRead MoreCyber Crime As A Key Risk For Regulated Firm1504 Words   |  7 Pages Cyber-crime as a key risk for regulated firm Delegate ID number : 3733017 November 2014 The term cyber-crime describes criminal activity involving computer and internet in committing a crime. Generally it can be divided to two manners: It can target the machine itself, where the purpose of crime would be to gain access to important data stored on the machine, which could be used to obtain gain. It can also use the machine as a tool to commit other type of crime in more traditional understandingRead MoreBest Practices For Preventing Identifying And Reporting Internet Fraud Essay1590 Words   |  7 PagesBest Practices for Preventing, Identifying and Reporting Internet Fraud The Internet plays critical roles in the fabric of today s society, and people use their computers and mobile devices for business, social contact, recreation playing games and many other activities. However, everyone faces cyber crime risks when using their computersm and these perils range from phishing to investment fraud. People use their computing devices to work, buy products and services and store vital personal informationRead MoreCyber Secuirty and Cyber Crime1643 Words   |  7 PagesCyber Crime and Security Cybercrime or electronic crime generally refers to criminal activity where a computer or network is the source, tool, target, or place of a crime. These categories are not exclusive and many activities can be characterized as falling in one or more category. Additionally, although the terms computer crime and cybercrime are more properly restricted to describing criminal activity in which the computer or network is a necessary part of the crime, these terms are also sometimesRead MoreIdentity Theft Is Improving With Time1216 Words   |  5 Pages Identity theft is improving with time! Really. It is. Honestly, if I were to become a victim, better it be today then five, ten or even 100 years ago. The common perception is that identity theft is a computer generation crime, which is increasing by the day. Truth is, identity theft dates back before the Internet, computers, the digital age at all. Mobsters may have brought it to an art form decades ago, and its title was quite liter al derived. In that era, identity theft was not a financialRead MoreThe Impact Of Technology On The Financial System1478 Words   |  6 Pagesactivities and connect to the public all around the world. The evolution of technology has greatly contributed to economic developments worldwide, however, coupled with the increased dependence on technology is the complexity and sophistication of cyber security threats that has resulted in the rise in cybercrime not just in a technologically driven country like Australia but worldwide. Australia’s financial industry has been referred to as one of the largest and highest-performing industries inRead Moreâ€Å"According to the Australian Bureau of Statistics Personal Fraud Survey 2010-11, an estimated total1500 Words   |  6 Pagesâ€Å"According to the Australian Bureau of Statistics Personal Fraud Survey 2010-11, an estimated total of 1.2 million Australians aged 15 years and over were victim of at least one incident of identity fraud in the 12 months prior to the survey interview..† (Afp.gov.au, 2014) Identity fraud is a type of fraud that involves illegally pretending to be somebody else for a beneficial gain. This can result in emotional and/or financial devastation. This is a very common legal issue facing Australian stakeholders