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(1) Describe the methodology and sources of data that Bureau of Justice Statistics (BJS) has been employed to analyze the victims of identity theft in 2012.
The methodology being used by the Bureau of Justice Statistics is secondary research as they use the data from another source to accomplish their research. The source of data for the research is the 2012 Identity Theft Supplement to the National Crime Victimization Survey. The data is from the victims who had experienced identity theft for the previous 12 months preceding their interview.
(2) Describe (or highlight) the study’s findings on subject matters, such as the prevalence of identity theft, its victims, and the characteristics and effects of this crime.
The study discovered that about seven percent of persons aged 16 years and above had been affected by identity theft in the year 2012. The findings also demonstrated that the majority of the incidents entailed the fraudulent use of information of the existing account like that of the credit card or bank. The victims with personal information that they used to open a new account or for fraud had ...
... a higher likelihood compared to the victims of existing account fraud to be affected by financial, credit, as well as relationship issues and severe emotional distress. About 14 percent of the victims experienced out-of-pocket losses, whereas about 36 percent of the identity theft victims showed moderate to severe emotional distress resulting from the incident.
(3) Describe statistics in Table 1 a Person of age 16 or older who experienced at least one identity theft incident in the past 12 months, by type of theft, 2012.
Table 1 demonstrates that identity theft involving an existing account was 84.6%, that involving a credit card 40.3, bank 37.3, other 7.0, new account 4.1%, personal information 3.8%, and multiple types 7.6% (existing account was 5.0% while other was 2.6%).
(4) Describe graphical illustration (see Figure 2) Most common ways victims discovered identity theft, by type of theft, 2012.
From Figure 2, most of the identity theft involving existing accounts was reported by the concerned financial institutions after they detected suspicious account activities. 20% of the identity theft victims with existing account noticed fraudulent charges on their account. Ten percent of victims of existing account misuse noticed money missing from their accounts, five percent were contacted by informed by a company of agency, 6% percent were contacted by a financial institution, 5% noticed credit card decline, and three percent received a bill or were contacted about an unpaid bill.
(5) Describe graphical illustration (see Figure 8) Length of time spent resolving financial and credit problems associated with identity theft, by type of identity theft, 2012.
From the graph, resolving the financial and credit problems associated with identity theft on existing account was the quickest at 50% for a day or less. The resolving of problems associated with multiple types took the longest time of more than six months at 2 percent. Those issues resolved for a day or less in order of the resolution percentage included a problem with existing account, personal information, new account, and multiple types with resolution percentages of 55, 42, 41, and 36 respectively.
(6) Describe statistics in Table 5: Persons age 16 or older who experienced identity theft at any point in their lives, type of identity theft they experienced outside of the past years, and ongoing problems from identity theft that occurred outside of the past year 2012.
The table shows that at least every person interviewed had experienced at least one incident of identity theft. Also, according to the findings, 7.3 percent of the interviewees experienced one incident or more of identity theft outside the past 12 months. The type of identity theft experienced with unresolved problems included existing account (4.0%) new account (16.1%), personal information (14.9%), and multiple types (20.6%).
(7) Describe statistics in Table 6: Actions victims and non-victims took during the past 12 months to reduce the risk of identity theft, by whether the action was taken in response to the theft, 2012.
The table shows that 84.6 percent of the victims took action independently concerning the identity the in the past year. The percentage of those who checked their credit report was 38.1%, those who changed passwords on their financial accounts was 31.7%, those who purchased an identity theft insurance or a credit monitoring service was 6.1%, and those who destroyed documents containing personal information was 66.8%.

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