The Economics of Financial and Medical Identity Theft PDF Download

Author: L. Jean Camp
Publisher: Springer Science & Business Media
ISBN: 1461419182
Category : Computers
Languages : en
Pages : 172

View

Book Description
Financial identity theft is well understood with clear underlying motives. Medical identity theft is new and presents a growing problem. The solutions to both problems however, are less clear. The Economics of Financial and Medical Identity Theft discusses how the digital networked environment is critically different from the world of paper, eyeballs and pens. Many of the effective identity protections are embedded behind the eyeballs, where the presumably passive observer is actually a fairly keen student of human behavior. The emergence of medical identity theft and the implications of medical data privacy are described in the second section of this book. The Economics of Financial and Medical Identity Theft also presents an overview of the current technology for identity management. The book closes with a series of vignettes in the last chapter, looking at the risks we may see in the future and how these risks can be mitigated or avoided.

Author: L. Jean Camp
Publisher: Springer Science & Business Media
ISBN: 0387686142
Category : Computers
Languages : en
Pages : 185

View

Book Description
This professional book discusses privacy as multi-dimensional, and then pulls forward the economics of privacy in the first few chapters. This book also includes identity-based signatures, spyware, and placing biometric security in an economically broken system, which results in a broken biometric system. The last chapters include systematic problems with practical individual strategies for preventing identity theft for any reader of any economic status. While a plethora of books on identity theft exists, this book combines both technical and economic aspects, presented from the perspective of the identified individual.

Author: Linda McGee
Publisher:
ISBN:
Category : Abused elderly
Languages : en
Pages : 64

View

Book Description
The crime of medical identity theft is a growing concern in the health care industry. Recently, the World Privacy Forum issued a report on medical identity theft, noting that it was the least studied and the worst documented of all identity theft crimes. There has been much speculation as to why medical identity theft is considered a dangerous crime, even though it is the most unrecognizable of all identity theft crimes. Unfortunately, there are not as many laws and regulations addressing medical identity theft as financial identity theft. However, in 2012, the Ponemon Institute conducted a study on the number of individuals who experienced medical identity theft. The study was one of the first national studies that focused on medical identity theft in the United States. The purpose of the study was to get an understanding of how medical identity theft has affected the victims and how medical identity theft differs from identity theft. The primary goal of medical identity theft was to obtain medical goods or services through a combination of identity theft and health care fraud. In order for medical identity theft to occur, the victims must have both their financial and medical information compromised. Research shows that the elderly are the primary victims of medical identity theft. The reason is that they receive Medicare and Medicaid. The purpose of this research is to examine why a growing and serious crime such as medical identity theft has not received the same degree of national media coverage as financial identity theft and why there are few resources offered for its victims, particularly the elderly. In addition, this paper will explore how the government can resolve this issue with the current laws and regulations. Unfortunately, further research is needed to enable the government to take responsibility and to raise public awareness about medical identity theft. Keywords: Economic Crime Management, Professor Suzanne Lynch, medical records, protected health information, financial information, data breach, privacy, and security.

Author: Congressional Research Service
Publisher:
ISBN: 9781502730787
Category : Law
Languages : en
Pages : 32

View

Book Description
In the current fiscal environment, policymakers are increasingly concerned with securing the economic health of the United States—including combating those crimes that threaten to undermine the nation's financial stability. Identity theft is one such crime. In 2012, about 12.6 million Americans were reportedly victims of identity fraud, and the average identity fraud victim incurred a mean of $365 in costs as a result of the fraud.

Author: Bryce N. Black
Publisher:
ISBN: 9781621007784
Category : Identification cards
Languages : en
Pages : 0

View

Book Description
This book examines the trends and issues related to identity theft. In the wake of the economic downturn, policymakers are increasingly concerned with securing the economic health of the United States, including combating those crimes that threaten to further undermine the nation's financial stability. Identity theft is one such crime. It is the fastest growing type of fraud in the United States. Identity theft is often committed to facilitate other crimes such as credit card fraud, document fraud, or employment fraud, which in turn can affect not only the nation's economy but its security. Consequently, in securing the nation and its economic health, policymakers are also tasked with reducing identity theft and its impact.

Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Fiscal Responsibility and Economic Growth
Publisher:
ISBN:
Category : Identity theft
Languages : en
Pages : 144

View

Book Description

Author: Cotter Bass
Publisher: BookRix
ISBN: 374870674X
Category : Self-Help
Languages : en
Pages : 46

View

Book Description
Identity Theft and Identity Fraud are terms used to refer to all types of crime in which someone wrongfully obtains and uses another person's personal data in some way that involves fraud or deception, typically for economic gain. In public places, for example, criminals may engage in shoulder surfing (watching you from a nearby location as you punch in your telephone calling card number or credit card number) or listen in on your conversation if you give your credit card number over the telephone. If you receive applications for pre-approved credit cards in the mail, but discard them without tearing up the enclosed materials, criminals may retrieve them and try to activate the cards for their use without your knowledge. Also, if your mail is delivered to a place where others have ready access to it, criminals may simply intercept and redirect your mail to another location. Many people respond to spam (unsolicited email) that promises them some benefit but requests identifying data, without realizing that in many cases the requester has no intention of keeping his promise. In some cases, criminals reportedly have used computer technology to steal large amounts of personal data. If someone is using your personal or financial information to make purchases, receive benefits, file taxes, or commit fraud, that's Identity Theft. This eBook will guide you through the recovery process. If you're dealing with Tax Identity Theft, Medical Identity Theft, or Child Identity Theft, read the chapter entitled SPECIAL FORMS OF IDENTITY THEFT. If you have had personal or financial information lost or stolen, refer to the chapter entitled DATA BREACHES AND LOST OR STOLEN INFORMATION.

Author: Kristin M. Finklea
Publisher:
ISBN:
Category : Fraud
Languages : en
Pages : 0

View

Book Description
In the wake of the economic downturn, policymakers are increasingly concerned with securing the economic health of the United States-including combating those crimes that threaten to further undermine the nation's financial stability. Identity theft is one such crime. It is the fastest growing type of fraud in the United States; in 2008 about 9.9 million Americans were reportedly victims of identity theft, an increase of 22% from the number of cases in 2007. In addition, the Federal Trade Commission (FTC) estimates that it costs consumers about $50 billion annually. Identity theft is often committed to facilitate other crimes such as credit card fraud, document fraud, or employment fraud, which in turn can affect not only the nation's economy but its security. Consequently, in securing the nation and its economic health, policymakers are also tasked with reducing identity theft and its impact. Congress continues to debate the federal government's role in (1) preventing identity theft and its related crimes, (2) mitigating the potential effects of identity theft after it occurs, and (3) providing the most effective tools to investigate and prosecute identity thieves. With respect to preventing identity theft, one issue concerning policymakers is the prevalence of personally identifiable information?and in particular, the prevalence of social security numbers (SSNs)-in both the private and public sectors. One policy option to reduce their prevalence may involve restricting the use of SSNs on government-issued documents such as Medicare identification cards. Another option could entail providing federal agencies with increased regulatory authority to curb the prevalence of SSN use in the private sector.

Author: Stacey L. Schreft
Publisher: DIANE Publishing
ISBN: 1428988890
Category : Business & Economics
Languages : en
Pages : 591

View

Book Description
Identity theft (IT) has been a feature of financial markets for as long as alternatives have existed to cash transactions. But IT has recently occurred on a much larger scale. Data breaches often involve the apparent loss or acknowledged theft of the personal identifying info. of thousands -- or millions -- of people. IT poses risks, not only to individuals, but to the integrity & efficiency of the payment system -- the policies, procedures, & technology that transfer info. for authenticating & settling payments among participants. Either represents a loss of efficiency for the economy. This article looks at the nature of IT today & the factors driving its rapid growth. Also explores whether markets are able to limit the risks IT poses to the payment system. Graphs.

Author: Nicole S. van der Meulen
Publisher: Springer Science & Business Media
ISBN: 9067048143
Category : Law
Languages : en
Pages : 310

View

Book Description
The existence of financial identity theft in the United States, and its (gradual) spread to other areas of the world, increases the need to understand how identity theft occurs and how perpetrators of the crime manage to take advantage of developments within contemporary society. This book aims to provide such an understanding through an in-depth comparative analysis which illustrates how states, financial service providers, consumers, and others facilitate the occurrence of financial identity theft in the United States and the Netherlands.