In many countries, financial crime involving indentity theft is increasing. What are the causes of this trend, and what effect does identity thefts have on the victims involved ?

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Financial fraud is a major concern in most of the countries.
However
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, identical frauds augment the financial crime, which creates
Use synonyms
problem
Suggestion
a problem
problems
for the masses.
This
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essay will not only highlight the problems associated with
this
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issue, but
also
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present effects of it in the enlisted paragraphs. Apparently, the prominent cause of
this
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trend is an online
payment
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servicepayment
Suggestion
service payment
service.
This
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is because of the invent of the internet, people often used online
payment
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methods for shoppings and bills that makes
payment
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process more convenient. For
this
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reason, individuals, financial details are interlinked with their bank account, which can be hacked by fraudsters.
Furthermore
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, the identity thefts hack the transaction details from the internet. According to the recent survey has been conducted by the Cyber Security Branch of Delhi reveals the cyber crimes increase from 35% to 65% in the
last
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three decades, due to online
payment
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methods. Another specific reason, unsafe internet connection.
In other words
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, people use different websites for their purposes and they fill personal information
such
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as name, address or email ID that creates
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problem
Suggestion
a problem
problems
for them.
Moreover
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,
theft
Suggestion
the theft
can easily get information from email, which does not have anti protection for it and
this
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lead a serious issue for individuals.
Thus
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, online
payment
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methods and a unprotected website lead to financial fraud. There are detrimental effects that victims
face
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.
First
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and foremost issue is financial problems. To explain
further
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, sufferers underwent in many financial crisis, which has a negative impact
of
Suggestion
on
their
life style
a manner of living that reflects the person's values and attitudes
lifestyle
. Along with
this
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, debts and lone problems arise in their life, which creates conflict in the family.
For instance
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, many people keep their home or car for sales to pay back the loan.
Secondly
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,
this
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crime has a harmful effect on the victim's mind. To explain in detail, people
face
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depression and anxiety because of financial crisis, which leads
problem
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of mental illnesses. Owing to
this
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they sometimes they commit suicide or offences crime
such
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as murder or shoplifting.
Hence
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, suffered
face
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instability in their life and at the same time they
face
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the trauma. In conclusion, identity theft problems are tremendously increasing in many nations. Because of advance technology and corrupted websites, fetch all personal information about the person, and
this
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problem
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has a colossal impact on the person's
lifelife
a crease on the palm; its length is said by palmists to indicate how long you will live
lifeline
.
Therefore
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, some precautionary steps must take
by
Suggestion
from
individuals.

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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Topic Vocabulary:
  • identity theft
  • financial crime
  • data breach
  • phishing scams
  • social engineering
  • sensitive data
  • online transactions
  • credit score
  • financial loss
  • emotional impact
  • psychological impact
  • data protection
  • cybersecurity measures
  • trust
  • digital technology
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