Identifying The Different Ways Online Identity Theft

Identify and discuss the different ways online identity theft can be achieved by a cybercriminal Identity theft is when your personal details are stolen. Identity theft occurs when someone steals your personal information with the intention to access bank accounts for example, or commit many other crimes in your name and at your expense. Identity theft is a growing threat in the uk which is increasing at a rapid rate. It is said that it could be one of the leading threats in the coming years. Analysis of fraud trends in 2012 revealed 50% of all frauds identified during the year relate to the impersonation of an innocent victim or the use of completely false identities. Account takeover fraud, where a fraudster gains access to and hijacks†¦show more content†¦Some might even ask to send a check to clear any changes. Another way thieves can get your details can be through atms. They can do this by using a method calling ‘skimming’ this is when they get your personal information by attaching a data storage device to the arm and the details will transfer to it when you swipe your card. Another straight forward type of identity theft is a direct theft, this maybe when the thief will steal a wallet or somehow get your personal information by taking your personal letter out of the bins. This is why peo ple must insure to shred important personal letters like bank statements. Cyber criminals targeted users of Skype, Facebook and Windows using multiple Black hole exploits in October, according to the latest threat report from security firm GFI Software. Researchers uncovered a large number of Black hole exploits disguised as licences, account verification emails, Skype voicemail notifications and spam messages. (Ashford) A recent survey of 1,900 small businesses around the globe by internet security firm Symantec found the firms were plainly aware of cyber threats. They singled out specific problems like targeted attacks, keystroke logging, and the dangers of using smartphones for company business.(Millar.Bbc) If you’re a victim of identity theft, it can lead to fraud that can have a direct impact on your