In many countries,financial crime involving identity theft is increasing .What are the causes of these trend and what effects does it identity thefts have on the victims involved.

Financial crime which includes identity
theft
is at an increase rate in countries widely.
This
essay will
duscuss
to consider or examine in speech or writing
discuss
discusses
the possible causes of
this
trend and its negative impacts on the victims. The foremost cause of
this
trend is
advancement
Suggestion
the advancement
of technology and loose
security
system
.Along with recent
advancement
Suggestion
advances
in
informations
a message received and understood
information
and technology
,
Accept space
,
this
has given birth to bigger intellectuals and hackers around the globe.These kind of highly intellectual people
often tend
Suggestion
often tends
to hack
even the tight
Suggestion
even tighter security systems
even tighter security system
even the tightest security system
security
system
and commit financial crimes by hacking other people's privacy and getting
accessed
Suggestion
access
to their
fnacial
involving financial matters
financial
facial
boundaries.
Moreover
,
Accept space
,
loose
Suggestion
the loose security system
security
system
in underdeveloped countries
also cause
Suggestion
also causes
has also caused
major identity
theft
.Criminals from
developed
Suggestion
developing
nations can easily invade to countries where they cannot afford higher
security
systems
as a result
people living in these countries becomes victimised.
For example
,
Accept space
,
there are different news of cyber crimes where criminals steal
huge amount
Suggestion
huge amounts
a huge amount
of money from banks and different organisations. The possible effects which
is caused
Suggestion
are caused
by
these reason
Suggestion
this reason
these reasons
are
financil
involving financial matters
financial
financially
loss and lack of trust
on
Suggestion
of
government
. Identity
theft
creates havoc among the peoples financial situations.The locals may face troubles in performing financial transactions and may get victimised
instead
of the criminals while travelling overseas.
Secondly
,
Accept space
,
there creates a tension between the
government
and the people.It will become hard to trust
government
Suggestion
the government
on financial issues as more of these crimes occur repeatedly.Different organisations and institutions where people
maage
be successful; achieve a goal
manage
their financial statements will be in dilemma. To sum up
,
Accept space
,
financial crime which involves identity
theft
is a bigger problem these
days which
Accept comma addition
days, which
mainly occurs due to
recent advancement
Suggestion
recent advancements
the recent advancement
in technology and loose
security
system
which results in financial loss and lack of trust between people and
government
.
Submitted by sovikarai on

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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Topic Vocabulary:
  • Cybersecurity
  • Fraudulent activities
  • Credit monitoring
  • Personal information
  • Cybercriminals
  • Online transactions
  • Data breach
  • Financial exploitation
  • Psychological distress
  • Credit history
  • Restoring identity
  • Unauthorized transactions
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