Information Tech Acts Paper
Information Technology Acts Paper
Information Technology Acts Paper
Fair Credit Reporting Act, 1970
Congress enacted the Fair Credit Reporting Act (FCRA or the Act) in 1970[1] to define the standards of practice for credit reporting agencies and the rights of people who are subjects of credit reports. (Maurer V. G., 1997). Before this people had no means to verify information which was reported to creditors, insurance companies or anyone who needed to check a person’s credit report. Mistake in credit reporting were handled at the court level.
Throughout the years following 1970 the Fair Credit Reporting Act has been revised numerous times. With time comes change, change in technology which makes it much easier for people with low morals to take advantage of someone. Identities are stolen much easier using technology. The advancement in technology made it necessary to create the Fair Credit Reporting Act. Information is readily available to almost anyone with computer access. This makes it easier to commit crimes, crimes such identity theft. With access to a person’s credit report, thieves can assume another person identity with ease. Advances in technology can be a double edged sword. It makes it easier to track and enter data but it also makes it easier for the data to be entered incorrectly, in turn the incorrect data is being reported.
The Act has made it possible for consumers to be proactive in the information available in their credit report. With the ability to access ones credit report, one can monitor what is being report to anyone who requests it. We have the ability to identify and correct errors as well as monitoring any unauthorized access as well as activity.
Computer Fraud and Abuse Act, 1986
In response to increasing computer use in the United States, Congress enacted the Computer Fraud and Abuse Act (CFAA) in 1984 (Booms, 2011). This Act covers a broad area of computer crimes. One in particular is, crimes of an employee against a
Information Technology Acts Paper
Fair Credit Reporting Act, 1970
Congress enacted the Fair Credit Reporting Act (FCRA or the Act) in 1970[1] to define the standards of practice for credit reporting agencies and the rights of people who are subjects of credit reports. (Maurer V. G., 1997). Before this people had no means to verify information which was reported to creditors, insurance companies or anyone who needed to check a person’s credit report. Mistake in credit reporting were handled at the court level.
Throughout the years following 1970 the Fair Credit Reporting Act has been revised numerous times. With time comes change, change in technology which makes it much easier for people with low morals to take advantage of someone. Identities are stolen much easier using technology. The advancement in technology made it necessary to create the Fair Credit Reporting Act. Information is readily available to almost anyone with computer access. This makes it easier to commit crimes, crimes such identity theft. With access to a person’s credit report, thieves can assume another person identity with ease. Advances in technology can be a double edged sword. It makes it easier to track and enter data but it also makes it easier for the data to be entered incorrectly, in turn the incorrect data is being reported.
The Act has made it possible for consumers to be proactive in the information available in their credit report. With the ability to access ones credit report, one can monitor what is being report to anyone who requests it. We have the ability to identify and correct errors as well as monitoring any unauthorized access as well as activity.
Computer Fraud and Abuse Act, 1986
In response to increasing computer use in the United States, Congress enacted the Computer Fraud and Abuse Act (CFAA) in 1984 (Booms, 2011). This Act covers a broad area of computer crimes. One in particular is, crimes of an employee against a
References: Booms, T. E. (2011). Hacking into Federal Court: Employee "Authorization" Under the Computer Fraud and Abuse Act. Vanderbilt Journal Of Entertainment & Technology Law, 13(3), 543-575. Maurer, V. G., & Thomas, R. E. (1997). Getting credit where credit is due: Proposed changes in the Fair Credit Reporting Act. American Business Law Journal, 34(4), 607.