Question

In: Accounting

Which of the following is an example of an in-person random theft? Card skimmer Mail theft...

Which of the following is an example of an in-person random theft?

Card skimmer

Mail theft

Smartphone theft

Phishing email

Solutions

Expert Solution

IN-PERSON RANDOM THEFT

IDENTITY THEFT OCCURS WHEN SOMEONE USES ANOTHER'S PERSONALLY IDENTIFYING INFORMATION, LIKE THEIR NAME, IDENTIFYING NUMBER, OR CREDIT CARD NUMBER, WITHOUT THEIR PERMISSION, TO COMMIT FRAUD OR OTHER CRIMES

CREDIT CARD SKIMMER

CREDIT CARD SKIMMING IS A TYPE OF CREDIT CARD THEFT WHERE CROOKS USE A SMALL DEVICE TO STEAL CREDIT CARD INFORMATION IN AN OTHERWISE LEGITIMATE CREDIT OR DEBIT CARD TRANSACTION. WHEN A CREDIT OR DEBIT CARD IS SWIPED THROUGH A SKIMMER, THE DEVICE CAPTURES AND STORES ALL THE DETAILS STORED IN THE CARD'S MAGNETIC STRIPE

MAIL THEFT

MAIL THEFT IS A FELONY THAT OCCURS WHEN SOMEONE STEALS, TAKES, OR ABSTRACTS YOUR MAIL. MAIL THIEVES CAN MINE YOUR MAIL FOR CASH AND CHECKS, AND ALSO TO OBTAIN PERSONAL INFORMATION THAT CAN BE USED TO COMMIT IDENTITY THEFT

SMARTPHONE THEFT

THIS MAKES THEM A PRIME TARGET FOR THIEVES AND MUGGERS. ... THE MAJORITY OF THESE THEFTS ARE CLASSED AS 'STEALTH THEFTS' MEANING THAT THE PROPERTY IS STOLEN WITHOUT THE OWNER BEING AWARE; FOR EXAMPLE, IF SOMEONE TOOK YOUR PHONE FROM A JACKET POCKET ON THE TUBE

PHISHING

PHISHING IS A TYPE OF SOCIAL ENGINEERING ATTACK OFTEN USED TO STEAL USER DATA, INCLUDING LOGIN CREDENTIALS AND CREDIT CARD NUMBERS. IT OCCURS WHEN AN ATTACKER, MASQUERADING AS A TRUSTED ENTITY, DUPES A VICTIM INTO OPENING AN EMAIL, INSTANT MESSAGE, OR TEXT MESSAGE

SO OPTION B MAIL THEFT IS CONSIDERED AS AN EXAMPLE OF AN IN PERSON RANDOM THEFT


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