My Idea Online
  • Privacy Policy
  • Contact Us
Wednesday 6 December 2023
  • Login
  • News and Society
  • Automotive
  • Business
    • Business
    • Communications
    • Employment
    • Finance
    • Legal
    • Home Based Business
    • Marketing
    • Online Business
    • Product Reviews
    • Real Estate
    • Self Improvement
  • Home and Family
    • Home and Family
    • Family
    • Home Improvement
    • Kids and Teens
    • Reference and Education
  • Lifes
    • Arts and Entertainment
    • Cancer
    • Entertainment
    • Food and Drink
    • Fashion
    • Health and Fitness
    • Humor
    • Lifestyle
    • Music
    • Recreation and Sports
    • Writing and Speaking
    • Women’s Interests
  • Online
    • Computers & Internet
    • Site Promotion
    • Web Development
  • World Affairs
No Result
View All Result
  • News and Society
  • Automotive
  • Business
    • Business
    • Communications
    • Employment
    • Finance
    • Legal
    • Home Based Business
    • Marketing
    • Online Business
    • Product Reviews
    • Real Estate
    • Self Improvement
  • Home and Family
    • Home and Family
    • Family
    • Home Improvement
    • Kids and Teens
    • Reference and Education
  • Lifes
    • Arts and Entertainment
    • Cancer
    • Entertainment
    • Food and Drink
    • Fashion
    • Health and Fitness
    • Humor
    • Lifestyle
    • Music
    • Recreation and Sports
    • Writing and Speaking
    • Women’s Interests
  • Online
    • Computers & Internet
    • Site Promotion
    • Web Development
  • World Affairs
No Result
View All Result
MyIdeaOnline.com
No Result
View All Result

Identity Theft – Is The Internet A Major Factor?

idea online by idea online
in Computers & Internet
2 min read
2.1k 21
0
47e5375bd9096839c602a2b9 1920

47e5375bd9096839c602a2b9 1920

1.2k
SHARES
2.6k
VIEWS
Share on FacebookShare on Twitter


Identity theft – also known as ID theft, identity fraud and ID fraud – describes a type of fraud where a criminal adopts someone else’s identity in order to profit illegally. It is one of the fastest growing forms of fraud in many developed countries.
In the UK identity theft is increasing at the rate of 500 ach year and, according to Which Magazine, 25 f the population have either suffered from identity theft or know someone who has.
In the USA, a report issued by the Better Business Bureau revealed that, in 2004, over 9 million Americans became victims of identity theft with the total sum defrauded being $52.6 billion.
With figures like this, it’s no surprise that there is a certain amount of concern regarding computer and internet security. After all, the internet is basically a mechanism for exchanging information and the possibility that some of the information exchanged may be more than intended is never far from many internet user’s minds.
It’s easy to imagine criminal masterminds worldwide using the internet to hack into computers in order to gain access to information with which to advance their devilishly cunning schemes. However, as revealed in the report, the facts of the matter are a little more down to earth and the internet, far from making you more at risk to identity theft, can help to significantly cut your losses if you do fall victim this form of fraud.
According to the Better Business Bureau’s research the main methods by which criminals gain access to information used for identity theft fraud are as below:
Lost or stolen wallet, chequebook or credit card. 28.8?
Accessed as part of a transaction. 12.9?
Accessed by friend, acquaintance or relative. 11.4?
Don”t know, refused, no answer. 11.1?
Information accessed by corrupt employee. 8.7?
Stolen paper mail or fraudulent change of address. 8.0?
Obtained some other way. 7.4?
Computer spyware. 5.2?
Information stolen from garbage. 2.6?
Computer viruses and/or hackers. 2.2?
Emails sent by criminals posing as legitimate business. 1.7?
* 12.9
ue to transactions – 10.4 ffline transactions, 2.5 nline transactions.
In total, when the instances where information was accessed during transactions are subdivided into online and offline transactions, only 11.6 f the information used to carry out identity theft fraud was obtained from computers.
Of this more than half was obtained by the use of spyware, viruses or hacking – the risk of which can be greatly reduced by installing the appropriate protection software and ensuring that this is kept up to date.
Not only did the survey reveal that the internet was not a major source of illegally obtained personal information, but it was also found that those fraud victims who checked their financial records using the internet, ATM machines or other electronic methods suffered financial losses which were, on average, 8 times lower than those of victims who used traditional paper statements to monitor their accounts. This very significant reduction was attributed to the rapid discovery of the fraud due to “real time” monitoring.
Of course, that’s not to say that you shouldn’t exercise caution when using the internet or take care to protect the personal information which you may have stored on your PC. However, as long as you install suitable virus, firewall and spyware protection, and keep this continually updated the internet can should be more of a help than a hindrance when it comes to avoiding identity fraud.

Tags: Computers & Internet
idea online

idea online

The internet makes it easy to start a business but what should you start? Discover the right business for you to start with our definitive list of the best online ideas

Related Posts

a03ee874bf9199e7181cb3d9 1920

Personal Asset Preventive Maintenance Software –

3 days ago
30128a749fcf72b01af4a544 1920

Video Game Violence…What do you think about it?

4 days ago
a17c4c61c1ef9d8b54ae97df 1920

How to Find a Dependable Web Host

5 days ago
d779075a308162a116f59274 1920

How To Create Photorealistic Post-It Pop-Up

1 week ago
20e7f8a18ef08fcc18545184 1920

How To Trick The Search Engines

3 weeks ago
262daa3ff16c8796b14946cb 1920 1

The Opera alternative

4 weeks ago
No Result
View All Result

Recent Posts

  • Webcams: Science Fiction Communication at Home
  • Fixing Bad Web Site Copy
  • Personal Injury Law
  • 7 Steps to Selling Artwork
  • COMMITMENT: Teaching Children the Lessons of a Lifetime
  • You have a home air purification system but you neglected everything else!
  • A New Fad in Bracelets
  • This Real Estate Market – About To Burst?
  • The Personality Test Prejudice – Shadows of the Truth
  • Sportcraft treadmill a great investment for individuals in their health.
  • Personal Asset Preventive Maintenance Software –
  • Is Trading E-Currency a Legitimate Business?
  • Weight Loss Programs:The 7 Critical Points You Must Check Before You Choose
  • Couple Of Easiest Ways to Burn Fat Effectively
  • Part V: Learn About your Home Mortgage Options
  • บริษัท
  • โรงเรียน
  • ก่อสร้าง
  • บริการ
  • กฏหมาย
  • ท่องเที่ยว
  • พนัสนิคม
  • ผู้ผลิตสินค้า
  • อิเลคทรอนิคส์
  • ราชการ
  • ไทย

© 2020 myideaonline.com - property for rent - property for sale.

No Result
View All Result
  • Home
  • Online Idea Content
  • Contact us
  • Privacy Policy

© 2020 myideaonline.com - property for rent - property for sale.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In