Abstract

In this study we try to explore the concept of “Identity Theft” in a holistic context. The main focus of the research is on “Identity Theft” and its relation with “crimes occurring in the world of advanced technology and user interface”. The research also analyzes many aspects of “Identity Theft” and tries to gauge its effect on “the entire systems of data confidentiality”. Finally the research describes various factors which are responsible for “Identity Theft” and tries to describe the overall effect of “Identity Theft” on “safeguarding of individuals within and outside the technological and corporate world”.

Table of Contents

Abstract1

Identity Theft3

What is Identity Theft?3

Business Idesntity Theft3

Personal Identity Theft5

Directions for Future Research6

Works Cited7

Identity Theft

What is Identity Theft?

Identity theft is a modern name for an ancient crime. Identity theft did not become a federal offense, however, until 1998. Although they vary from state to state, identity theft-related statutes have been enacted in every state. Thus, the following definition is based upon a compilation of these customary laws. Simply stated, identity theft is considered fraud. There are many types of identity theft, and thieves target both businesses and individuals, that have either, developed into professional criminals, enraging the environment and the general masses on a macro scale (Romanosky, Retrieved on December 2010 from http://www.heinz.cmu.edu/research/241full.pdf).

Business Identity Theft

Business identifying information distinguishes one business from all others and includes the name of the business, its address, telephone number, email address, logo, trademark, Web site, corporate credit card number, checking account number, and tax identification numbers. In some cases, the identifying information of businesses is stolen in order to gain access to the company's financial accounts. Business checking accounts are routinely targeted by identity thieves. For example, criminals may steal a business check and duplicate it electronically. The checks are often cashed or used to make purchases without being ...