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Online Security - Essay Example

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With the advent of internet the life of a common man has changed to a considerable extent. Before the introduction of internet, people have to spend hours in libraries to find relevant information but not any more. Although internet is widely used to get specific information but the facility of online shopping is nothing less than a blessing…
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Online Security
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"Online Security"

Download file to see previous pages "This report illustrates that sophisticated computer fraud schemes continue to flourish as financial data migrates to the Internet," said FBI Cyber Division Assistant Director Shawn Henry in a written statement. "It also underscores the need for continued vigilance on the part of law enforcement, businesses, and the home computer user to be aware of these schemes and employ sound security procedures (Valenzuela, 2009)."
In addition to fraud schemes other methods are also used by scammer and hackers to conduct cyber crimes. For instance, many people have to suffer great losses only because of viruses and worms. So, it is clear that several threats linger in the world of internet but online identity theft is one of the most prevalent issues. The reason is the availability of many tools and methods that are utilized by hackers to access a computer for online identity theft. Spoofing, back doors and internet worms are the most popular but following chart will give a clear idea in this regard.
Now, this graph makes it quite clear that several methods are used by thieves to breach your security but there are some ways to stop them from obtaining any information from your system. However, there are lots of people who believe that solutions are insufficient and the issue of identity theft can not be resolved with them. The objective of this essay is to delve more into the details to find if identity theft has become an incurable disease or there are ways to get over it.
What exactly is identity theft'
Before delving more into the details pertaining to the solutions for identity theft it is important to get some more information about the concept of identity theft. Basically, online identity theft is a crime that occurs when personal information is unlawfully obtained by someone else without the owner's knowledge or consent in order to support criminal activity such as fraud, deception or to obtain benefits in the victim's name. The consequences for the victim can be devastating because once the thieves have your personal information they can open up credit cards and run up debts, take out loans or use your identity as a cover for criminal activity (Online Identity Theft: A New Threat).
The outcomes of losing your identity can be critical, depending on the motives behind different hacking activities. Motives can different but most hackers look for financial information and that's the reason why the financial sector is more at risk, which is evident from the following charts.

These charts show the identity theft activities in 2007. According to the charts, government sector was at the first place in terms of data breaches and exposed identities in 2007. It is followed by financial sector showing that hackers like to get financial information. But, hackers use different methods while targeting different sectors and that's why it is important to check some of the solutions in relation to the ways used by hackers to access computer for identity theft.

Methods used by Identity Thieves:
Installing a virus, worm or spyware is arguably the most common way of accessing sensitive information. Spyware is designed for exploiting infected computers usually for marketing purposes. The activity of the web browser is monitored, resulting ...Download file to see next pagesRead More
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