Identity theft is a kind of theft that involves someone stealing the identity of someone else by assuming that person's identity (Lai, Li, & Hsieh, 2012). This is usually a method of gaining access to the person's resources like credit cards and other things in the person's name. This is considered a white-collar crime and it has gained popularity amongst criminals. According to statistics, each year hundreds of thousands of people have their identities stolen. The thieves will use the person's personal information like bank account numbers, credit card numbers, social security numbers, and insurance information to purchase goods fraudulently. The Federal Trade Commission has reported that over 7 million people were victims of identity theft in the past year. This is quite a huge number, and it indicates identity theft is a growing in the United States. When someone manages to use another person's personal information to obtain credit, or make huge purchases, he or she will definitely use the same information repeatedly as a reference to other victims. The technological advances taking shape within the society have created a loophole that the thieves can use to steal and use the victim's personal information. There are different ways that a thief can employ to retrieve personal information. The most common method employed by the thieves is phishing. Using this method, the thieves would manage to trick the potential victim to insert their personal information into a fake website. Once they have the information they would proceed to use the information fraudulently mainly to acquire credit or make online purchases.
Ethical issues
When a person steals another person's information and uses the information for fraudulent purposes, they are violating the person's basic liberties. Since a majority of the crime takes place online, it is quite difficult for the authorities to determine the identity of the...
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