Rough Draft Identity Theft Essay

2283 WordsAug 9, 201210 Pages
Rough Draft Identity Theft Joshulynn White Research Writing/220 May 2, 2012 Michael Mills 2 Indeed, identity theft affects the financial fabric of a person’s life. A weave of lies and false truths have been spun about you. And if you happen to be a victim of identity theft you can suffer varies types of adverse consequences or held accountable for the perpetrator actions. Identity theft has gotten advances over the years with the economy going bad, and the creation of the computer boom. This essay will attempt to introduce the intrigue workings of identity fraud and how vulnerable customers are when their personal information is breached. According to the FTC (2006) most victims of identity theft are quite unaware of how their personal information was obtained. (p.4). However, "Determining the link between data breaches and identity theft is challenging, primarily because identity theft victims often do not know how their personal information was obtained," (FTC, 2006). Identifying where the theft occurs is a very difficult and doughting task. However , experts from the Government Accountability Office state,” Identity fraud if often but not necessarily the consequence of identity theft.” When major data breach occurs the consumer personal information can be compromised, however researchers report that only about 2% of those customers become a victim to identity theft as a result of a data breach. (GAO.GOV, 2010). Victims of identity theft have a big challenge in correcting their problem, because they are unaware of where the breach came from. (FTC, 2006, p.4). According to Journal Standards (2012), consumer a very vulnerable when doing business with companies that they give their personal information to. This report found that employees commonly leave consumer’s person information unattended and that they are untrained on the

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