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Identity Theft Chelsea Weser.

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Presentation on theme: "Identity Theft Chelsea Weser."— Presentation transcript:

1 Identity Theft Chelsea Weser

2 Definition Fraud leading to the acquisition of money or other benefits by pretending to be another person.

3 The 4 Types of Identity Theft
Descriptions 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

4 Crimes illegal immigration terrorism espionage blackmail
to attack payment systems, including online credit card processing and medical insurance

5 How Criminals Get Your Information In most cases, a criminal needs to obtain personally identifiable information or documents about an individual in order to impersonate them. Stealing mail or trash Researching about the victim in government registers or internet search engines Stealing payment or identification cards Eavesdropping on public transactions to obtain personal data Stealing personal information in computer databases Advertising bogus job offers (either full-time or work from home based) to which the victims will reply with their information Infiltration of organizations that store large amounts of personal information Browsing sites, online for personal details that have been posted by users

6 How to Protect Yourself:
Go over this checklist -

7 Impact The average fraud per person decreased from $4,789 in 2003 to $1,882 in 2006. Total value of identity fraud from US$47.6 billion in 2003 to $15.6 billion in 2006

8 Case Study (CBS) A restaurant busboy is accused of using the Internet and Forbes Magazine's list of the richest people in America in a scheme to steal millions from such figures as Steven Spielberg, Martha Stewart, Oprah Winfrey and Ted Turner.


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