Strategic Planning and Implementation

Over the last several years, identity theft has become a major issue that a number of individuals are dealing with. This is because criminals are using various techniques to be able to gain access to a host of personal information including: bank accounts, credit card / social security numbers and the date of birth. Once this occurs, is when they can assume the identity of this person and begin obtaining credit in their name without the victim being aware of what is happening.

Evidence of this can be seen with a study that was conducted by Javelin Strategy and Research. They found that in 2010 there were a total of 8.1 million people that had their identity stolen. Moreover, the costs for these kinds of crimes were $37 million. (Singletary, 2011) This is significant, because it is illustrating how identity theft is continuing to be a...
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