Describe the cyber crime of identity theft

Question

Any help with this topic would be great. Thank you.

Answer 1

Identity theft occurs when the wrongdoer steals a form of identificationâ€"such as a name, date of birth, or Social Security numberâ€"and uses the information to access the victim's financial resources. This crime existed to a certain extent before the widespread use of the Internet. Thieves would "steal" calling-card numbers by watching people using public telephones, or they would rifle through garbage to find bank account or credit-card numbers. The Internet, however, turned identity theft into a fast-growing financial crime in the United States. The Internet provides not only another way to steal personal information but also a way for those who steal information to use items such as stolen credit-card numbers while protected by anonymity. Millions of Americans are victims of identity theft each year.