Identity Theft Essay -- essays research papers

Introduction in that respect is currently a huge ontogeny number of criminals that now do greater and more widespread slander to their victims without ever meeting them. indistinguishability larceny surfaced in the early mid-nineties and turned peoples everyday transactions into a data gathering game. Bits of person-to-person information such as commitcards, credit card accounts, income, social protection numbers pool or just some(a)one name, address, and phone numbers be now collected and could be used illegally by these individuals without anyones knowledge. The purpose of this study is to investigate what is being done to help check over this festering crime in North Carolina. This includes the evaluation of the identity operator thieving policies that the banks in North Carolina squander in place. The study move to turn back which bank had better and tougher policies as well as whether or non these security policies had helped stifle identity theft complaints in North Carolina since the understand of its origin. Background of the studyIdentity theft is whereby an individual obtains some piece of an trusting victims sensitive information and uses it without their knowledge to commit fraud or theft. According to the Federal Trade flush (FTC), people whose identities moderate been stolen can spend months or years and their laboured earned money trying to clean up the mess the thieves have made of their good name and credit record. Some victims have mixed-up job opportunities, been refused loans for education, housing, cars or even arrested for crimes they didnt commit. According to the FBI statistics, Identity thieving is the fastest growing crime in the U.S.s (Tribune Business News, 2003). Identity theft thieves have perfected the art of collecting information of unsuspecting victims and now all the law enforcement agencies, as well as touch on companies, are working hard to find ways to combat these issues. There are several ways that identity theft thieves gain regain to your personal information. Lost wallets, purses, stolen or lost mail used to be the main source of such private information. Mail, which sometime, includes bank statements, pre-approved credit cards, and measure papers are a source of a large add of data. In recent years, many have been known to steal reco... ...g numbers of identity theft cases, since the late nineties, have become a growing concern for the law enforcement agency and the community as a whole. Involving the prevalent in this warfare calls for all organizations, banks included, to get tighter policies in place and protect the integrity and security of their customers data. This study will lay down whether or not the implemented policies in the local banks have helped reduce identity theft cases overall. Research Questions and HypothesisTo perform our research study, we attempted to get answers to these questions How do North Carolina bank policies reduce the spread of identity theft? To what extenet are the policies of one bank better than the policies in the others in reducing identity theft occurrence? What role can N.C. bank consumers play in reducing the risk of becoming identity theft victims? We hoped that the responses would prove our hypoithesis the banks that have tight security policies in place have less consumer complaints than those that do not. Literature ReviewAs stated earlier, the system of data collection was done using a survey