Both the lecture and the passage discuss Identity theft. While the passage says identity theft is a considerably big problem presently, the lecturer argues that identity theft is not a big problem.

 

First of all, the passage says that there are a lot of data collected by the companies, and those data is not safe and frequently stolen. However, the lecture disagrees, saying that the amount of those individual’s data collected by the companies is insignificant. The lecturer also says that the amount stolen from the company’s database is very small.

 

Second of all, the passage claims that identity thieves steal vital information and can use it to completely steal one’s own identity. Again, the lecturer refutes this saying that much of the information that is stolen from databases are often negligible. The lecturer states that most of the information stolen is minor detail, such as one’s name, address, and age.

 

Lastly, the passage states thieves can use stolen information that can be used to steal money from one’s bank account, but the lecture argues that the chance of identity fraud stealing one’s money is vary rare. The lecture claims that most companies that deal with money create safeguards to guard individuals’ information, and also adjust the policies to prevent identity frauds.

 

 

To sum up, even though the passage says that identity theft is a big problem, the lecturer claims that identity fraud is not a considerable problem to concern. First, the passage says that big amount of database filled with the consumers’ information is vulnerable, however, the lecture claims that the amount of companies’ database is insignificant. Second, the passage states vital information stolen by identity thieves can be used to steal an individual’s identity in a complete form, but the lecturer disagrees by saying that the type of the stolen information is not worth considering. Last, the passage says identity frauds are able to access one’s bank account to steal money with the information they stole, while the lecture says that to steal money by stealing information is very hard.