Reference no: EM133074506

Learning Activity: Formjacking - Identity Theft

Identity theft is a form of stealing someone's identity in which a person (or persons) pretends to be someone else by assuming that person's identity, typically in order to access resources or obtain credit and other benefits in that person's name. The victim of identity theft can suffer adverse consequences if they are held accountable for the perpetrator's actions. Identity theft occurs when someone uses your personally identifying information, like your name, Medibank number, or credit card number, without your permission, to commit fraud or other crimes.

Read this article in Fortune magazine about the new global problem - formjacking:

Newcomb, A. (2019, February 21). Forget phishing and ransomware. Formjacking is the new favourite hack of cyber crooks.

Then read this example, ‘A Voice Deepfake Was Used To Scam a CEO Out of $243,000':

Damiani, J. (2019 September 3). A Voice Deepfake Was Used To Scam a CEO Out of $243,000.

In this article you can see how a game Developer in New Zealand could generate authentic looking photographs/videos in a matter of seconds.

Daniel, A. (2019 September 3). Giving your selfie to this Chinese app is a really bad idea [Blog post].

Read the articles and watch the clips above and in that context answer the discussion questions below:

Question 1: What are the consequences for an individual of security breaches of its data and information?

Question 2: What are the consequences for an organisation of security breaches of its data and information?

Question 3: Should the organisation be held responsible or should the individual be held responsible in light of security breaches of data and information. (e.g. by paying damages to its customers or clients?)