The Identity Theft: Statistics and Research

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Table of Contents

Introduction
Reasons
Recommendations
Summary
References

Introduction

The phenomenon of identity theft has been a problem for a while, having mostly been known as faking signatures for most of its history. However, with the evolution of technology, identity theft has taken the form of stealing people’s personal information and using it to break into their bank accounts or hijack their financial data (Wadhwa & Arora, 2017). Although multiple tools have been developed to address the identified cybercrime, it remains a problem. Therefore, strategies for managing it need to be researched.

Reasons

Due to the lack of awareness of the drastic effects that the mismanagement of personal data may entail, people expose their personal information to cybercriminals quite often, which means that identity theft may become more common. Due to the challenges in locating the person who used one’s financial information, tracking down the perpetrator becomes incredibly complicated. Thus, research addressing possible prevention measures and management strategies are overdue.

Recommendations

It is highly advised that the problem of identity theft be researched by looking at some of the most common tools for preventing it and educating people about the significance of ensuring that their information is kept secure (Bressler & Bressler, 2017). Moreover, the sources of data leakage will have to be investigated in the course of research to define the approaches that will help to disseminate the knowledge about identity theft prevention among general audiences (Irshad & Soomro, 2018).

Summary

The problem of identity theft has become much more pronounced in modern society, where personal data has become highly vulnerable to criminals due to online exposure and gaps in online security. Therefore, both the problems in the current framework for keeping personal information safe and the promotion of technological awareness among the target audience have to be researched. Once the factors that facilitate the vulnerability of personal data are identified, methods for containing it in safer environments can be created.

References

Bressler, L. A., & Bressler, M. S. (2017). Accounting for profit: How crime activity can cost you your business. Global Journal of Business Disciplines, 1(2), 21-30.
Irshad, S., & Soomro, T. R. (2018). Identity theft and social media. International Journal of Computer Science and Network Security, 18(1), 43-55.
Wadhwa, A., & Arora, N. (2017). A review on cybercrime: Major threats and solutions. International Journal of Advanced Research in Computer Science, 8(5). 2217-2221.

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The Identity Theft: Statistics and Research

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