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Identity Theft:“Taking on another person’s persona for illegal purposes. Usually includes the use of Social Security.

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Presentation on theme: "Identity Theft:“Taking on another person’s persona for illegal purposes. Usually includes the use of Social Security."— Presentation transcript:

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2 http://www.broadcaster.com/clip/16413

3 Identity Theft:“Taking on another person’s persona for illegal purposes. Usually includes the use of Social Security numbers, credit card information, and other confidential details.” The #1 concern of all people contacting the Federal Trade Commission is Identity Theft

4  financial identity theft : using another's identity to obtain goods and services  criminal identity theft: posing as another when apprehended for a crime  identity cloning: using another's information to assume his or her identity in daily life  business/commercial identity theft using another's business name to obtain credit

5  The 2006 victim population was at 15 million victims. (This translates to approximately 1 new victim every 2 seconds)  Identity Theft is now passing up drug trafficking as the number one crime in the nation according to the U.S. Department of Justice  10-15% of Identity Theft uses real names and data, and 85-90% of Identity Theft is fabricated from real and false data.

6  Dumpster Diving  Researching victim in government registers, internet search engines, or public records search services.  Pickpocketing ID cards and other information  Remotely reading information from an RFID chip on a smart card, RFID-enabled credit card, or passport  Shoulder Surfing  Hacking  Leaked Database Information  Advertising bogus job to which the victims will reply with their personal information  Infiltration of organizations that store large amounts of personal information  Phishing  Obtaining castings of fingers for falsifying fingerprint identification.  Browsing Social Networking Sites  Changing Victims Address to Divert Billing Statements Containing Info

7  In 2004, victims spent an average of 330 hours to recover from Identity Theft  Identity Theft causes unexpected secondary effects that can last up to 10 years › Higher insurance rates › Credit card fees › Difficult time finding job › Higher interest rates  On average, businesses lose $49,254 per victim  Most victims suffer emotional trauma with symptoms similar to victims of more violent crimes (violent assault, battering, etc)

8  The Bonnie and Clyde of the 21 st Century The Bonnie and Clyde of the 21 st Century  The Penalty? As of Saturday, November 16, 2008: › Edward Anderton- 4 years in jail › Jocelyn Kisch- 5 years in jail › Over $100,000 in restitution for dozens of victims

9  Consider getting a locked mailbox or PO Box at the Post Office  Shred all financial documents with personal information— twice  Protect your Social Security Number  Don’t give any information to telemarketers  Don’t open e-mail from people you don’t know  Invest in anti-virus software  Be smart about passwords  Be Careful With Personal Information on Social Networking Websites! Be Careful With Personal Information on Social Networking Websites!

10 Questions?

11 › Http://www.broadcaster.com/clip/16413 Http://www.broadcaster.com/clip/16413 › http://www.youtube.com/watch?v=xYz6Q_ q2UQA&feature=related http://www.youtube.com/watch?v=xYz6Q_ q2UQA&feature=related › http://www.sphinxlegal.com/glossary/i.html? page=1 http://www.sphinxlegal.com/glossary/i.html? page=1 › http://en.wikipedia.org/wiki/Identity_theft http://en.wikipedia.org/wiki/Identity_theft › http://www.idtheftcenter.org/artman2/publis h/m_facts/Facts_and_Statistics.shtml http://www.idtheftcenter.org/artman2/publis h/m_facts/Facts_and_Statistics.shtml › http://www.identitytheftinsider.com/identity- theft-risks/reduce-your-identity-theft-risk/ http://www.identitytheftinsider.com/identity- theft-risks/reduce-your-identity-theft-risk/


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