Identity Theft

Paper Summary:

This paper outlines the growing risk of identity theft. It discusses why identity theft needs to be taken seriously by legislators and the ways in which legislators may actually be part of the problem. Specifically, the paper argues that too many prospective bills are not being pursued at a time when identity theft is claiming millions of victims in America and that Congress should be implementing better regulations.

Table of Contents:
Abstract
Introduction
Conclusion

From the Paper:

"There can be little question that identity theft is a growing problem in America. For example, a 2003 survey by the Federal Trade Commission found that more than 10 million Americans had experienced identity theft in one form or another within the past year. As well, recent data bank breaches at the Bank of America and at Lexis-Nexis clearly indicate that, even when Americans think their private information is safe and secure, it really may not be (Moye, 2006). Furthermore, other evidence indicates that people of all ages can fall victim to identity theft - and thieves can access personal information distressingly easily, using low-tech, low-skill procedures such as dumpster-diving and having someone from within a business provide information on clients (Young, 2005). The troubling thing about this is that the government has failed utterly to put in place regulations that really protect Americans."

Sample of Sources Used:

• Moye, Stacey. (2006). Congress assesses data security proposals. Information Management Journal, 40(1): 20-22.
• Young, Stephanie. (2005). Stolen lives: Identity theft is the country's fastest-growing crime. Black Enterprise, 36(2): 86+. Retrieved April 9, 2007 from <http://www.questia.com/PM.qst?a=o&d=5011234619>

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