Impact Of Online Identity Theft On Consumers & Organisations
Internet fraud has become a major issue due to the ever increasing population of internet users, because the internet is such an easy solution to fast sufficient services readily available for busy lives that’s is why most of us are now dependant on the internet in some shape or form and each time we use the internet we input data that are related to use from our name, address and even bank details with the assurance that the site is safe and trustworthy, but this is not always the case because the security system implemented like all things in this world has weaknesses.
Online hackers uses programs to penetrate these weaknesses of database system which holds valuable consumer information and data, which they can use for to carry out fraudulent activities such as; credit card scams using stolen identities acquired through the system, or open numerous bank accounts to make overdraft withdrawal using addresses they acquire from the database they’ve hacked. The main areas that......
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Approximate Word Count: 1341
Approximate Pages: 6 (250 words per double-spaced page)
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