Computer Crime & Identity Theft Essay Example | Topics and Well Written Essays - 2750 words

estimator Crime & indistinguishability Theft - Essay ExampleFor the purposes of this paper, the particular reckoner crime will be concentrated in the area of identity theft and the impact it has both soul solelyy and economic completelyy on the individual and society. What is Identity Theft? The encyclopedic definition of identity theft is the use of another persons identity, i.e. fiscal, personal, geographic or another source, to commit fraud or other types of misrepresentation. By using another persons social security number, drivers license number, date of birth, address, online information one may open shore accounts, apply for loans and credence cards, get a cell phone and so on. In addition to financial loss that can result from identity theft, by using anothers identity the credit history and even the legal history of the victim can be damaged in the extreme. (Identity Theft, 2007)According to the Identity Theft and Assumption Act of 1998, identity theft (ID theft), occu rs when someone is knowingly transferring or using, without lawful authority, a means of identification of another person with the intent to commit, or to aid or abet, in the unlawful activity that constitutes a violation of federal law. It is a federal crime. (Alt, 2007, p. 67)Until recently all Computer Crime was difficult to prosecute for a number of reasons. One of the biggest problems is that large companies often abjure to publicize their involvement when someone has hacked into their system and stolen data or damaged programs and information. By revealing that their systems sustain been compromised a company may subject itself to a loss of consumer confidence and potentially lose many clients, depending on the product or service they offer. The company may also be subjected to lawsuits from clients who claim that on that point was no due diligence performed as regards the security of their information. It is estimated that between twenty-five and fifty percent of all busin ess have experienced some sort of intrusion or breach of security of their computer networks.