High-tech crime (computer crime) is the use of technology to commit a crime. It is the biggest tech related threat to the society.
Tariq Ameer #116 ITGS 11-H Sept. 15, 2011
Write a 2-page essay about what is biggest technology related threat to the society.
High-tech crime (computer crime) is the use of technology to commit a crime. It is the biggest tech related threat to the society. According to the 2011 Norton Cybercrime Report, in 2010 more than 430 million adults were victimized at a cost of US$388-billion in direct and indirect losses from computer crime world wide. The direct financial losses from cybercrime stood at US$114 billion, while US$274 billion was the value of time that victims spent in solving the crimes [1]. High-tech crimes include identity theft, cyber-stalking, hacking confidential systems, pyramid schemes, planting harmful viruses, and many others.
Identity theft is a form of fraud in which someone pretends to be someone else by assuming that person's identity. There are five types of identity theft criminal, financial, medical, child, and identity cloning. Criminal identity theft is when a criminal identifies himself as another person when the police arrest him. Not only does the criminal escape, but also he victim may encounter problems for months and even years because of the incorrect criminal records. Financial identity theft is using another person’s identity credit, goods, and services. Medical Identity theft is using a person’s name or insurance information to get medical services/goods or just to make false claims. Child identity theft on the other hand is using a child’s Security Number for personal gains. Identity cloning on the other hand is to assume the identity of another person for daily life.