Technology, Privacy and Credit Card Fraud Essay -- Exploratory Essays

Technology, Privacy and Credit Card Fraud The advancement of technology over the years appeared to be the greatest thing known to mankind.   With the Internet, the world is at one's finger tips and just about anything can be accessed using it.   This is not necessarily a good thing, with crimes like creidt card fraud going around.   The number of credit card fraud incidents is rapidly increasing as the years progress.   Anybody with a credit card could possibly be a victim of this crime and it should be taking seriously.   One’s life could be ruined if their information gets into the wrong hands.   Around the holidays, most consider shopping via Internet the most safe and convent way to go.   You never leave the house, so there is no need to worry about those thieves running the streets snatching bags and picking pockets.   But, shopping online holds risks just as great as shopping in the stores.   The Internet may say your information is safe and will not be shared with anyone else, but who really knows?   Very rarely people find out their victims of credit card fraud before too much damage has been done.   In East Lansing, there were two cases of credit card fraud within this past year.   According to an article in The State News, Sadia Zoe Tabie- Bogne was arrested on November 10, 2004 for two counts of credit card fraud.   She has stolen and made over $3,000 worth of purchases, with at least $2,800 of it being stolen from her husband.   All of Sadia's victims have been international students, her husband included.   Sadia Zoe Tabie- Bogne's pre-trial is scheduled for November 24, 2004.   Denita Dorsey is faced with twenty seven charges of identity theft/ credit card fraud this month also.   The May graduate has stolen more than $1... ...t year.   The number of incidents and the amount of monetary lost has drastically increased over the past four years.   Privacy is being invaded by technology in more ways than you know. Works Cited * Houghton,   Shannon.   " E.L. resident arrested for credit card fraud."   The State News November 17, 2004 * Mullins, Marcy.   â€Å"Net’s global reach gives criminals an open door.† USA Today October 21, 2004.: 2B * Nordberg, Jenny.   â€Å"Criminals Focus on Weak Link in Banking: A.T.M Network.†Ã‚   The New York Times August 3, 2003.: 24 * Anonymous. â€Å"Identity Theft.† Identity Theft Protection Information and Resource Center. 16 November 2004. <http://www.identity-theft-protection.com/tips.htm> * Anonymous.   â€Å"Federal Trade Commission: Your National Resource for Identity Theft.†Ã‚   ID Theft.   11 November 2004. <http://www.consumer.gov/idtheft/law_investigate.html>.