Identity Theft Assignment Example | Topics and Well Written Essays - 500 words

Identity Theft - Assignment Examplecommission it postulates that in order for a crime to be committed such as the identity operator theft case three elements namely pressure, opportunity and rationalization must be in play. These are depicted in the figure below fortune refers to the capability to commit a crime. Since very few crooks like being caught, they must act in a way that will ensure their activities persist in untraceable. This becomes possible when weak internal controls and management practices exist that allow the fraudsters to sneak in and wreak havoc. Lack of established procedures to anticipate, detect, and respond to attacks and violations creates an opportunity for frauds. This is one sphere where frauds and crooks have the greatest leverage and control and are always looking to find a loophole maybe a weak encryption system.Rationalization this is another(prenominal) key component for frauds, which allows a fraudster to reconcile her behavior with normally accep ted concept of trust and common decency. The fraudster feels no guilt and in fact feels reassert (Turner, Mock & Srivastava). The fraud triangle is useful because it identifies why, what, where and who of the fraud. Once this is established then remedial accounts send word be taken.Fraud cannot be stopped the pace of proficient change and advancement gives it (fraud) an evolutionary nature and so the crooks will keep getting better and much sophisticated. There is however great opportunity more than ever to slow it down considerably to protect the masses and ordinary people. The identity world will continue to experience this cycle where a intelligent organization comes up with a secure system to protect identity and an even smarter crook comes up with a way around the security measure (Consumer protection Division, 2005).The first step would be to take the basic measures, use passwords, use secure connections, and have anti spyware. By adopting the fraud triangle, measures ca n be put in place to anticipate, identify, and mitigate