The End of Privacy Research Paper Example | Topics and Well Written Essays - 1500 words

The End of Privacy - Research Paper Example The authorities have been involved in securing and establishing policies to minimize incremental advantages from such information. However, the ambivalence one experiences due to advance technology is quite right. Such technological tools do advent human kind, but they are also a main reason to erode personal privacy (Tavani, 162). Surveillance cameras, sensors, recording devices, monitors have the capability to store large amount of data. These day to day technological tools may seem inevitable due to the ease and security they have produced for the mankind, but they have also posed a threat towards the civil liberty and personal privacy of many. Although, violation of internet privacy is not an easy task, but hackers all around the world have obtain techniques to extract encrypted and encoded data. However, these technological shortcomings can only be resolved by the same mean (Buchanan,817). However, there are two main concerning aspects which USA government is trying to resolve t o its best. The obtainment of personal information by FBI for national security purposes and the emphasis individuals are exerting on the privacy of their information. Another security concern is possessed by the World Wide Websites through their ‘tracking cookies’, which get stored on the hard drive and extract personal information of the user (Dubrawsky, 38). ... ce, several bills have been presented before the Congress to retrieve this encrypted information for the national security means, as the security of state is integral than the privacy of few individuals. The key to decode such encrypted information is thus, a civil and humanistic right to the information possessor. Such encrypted information is mainly possessed by a firm or a contractor if he shares it with government then he violates the right of his clients, which is also a breach of law. Hence, it is an utmost priority of the law enforcement firms to responsibly obtain information, which could potentially lead to a threat and not to violate the confidentiality of an individual or organisation. Basic internet threat protection can be attained from firewall and anti- viruses. These software keep the privacy options of one’s PC high and do not let the pop-ups viruses and spywares to intrude or store information on one’s hard drive. The later changes the configuration of PC without the users consent. Therefore, it is much more detrimental than the former one (Caruso,1). Banks, Credit Card companies, Government agencies gather personal information of the client or public and store it in their database. Hence, this personal information given out to such firms can be exploited by the receiver. For instance, if an individual fills out a bank loan form he will insert all his personal information from family structure to preferences and potential worthy items (Liberti, 4057). However, this happens rarely, but information given out on World Wide Web is particularly detrimental for the donor. If such information is given out to a wrong or fraudulent source it can lead to maximum loss. It can all began from junk emails to pop up items and eventually it can lead to

Money Landry Research Proposal Example | Topics and Well Written Essays - 750 words

Money Landry - Research Proposal Example The only paper trials available to the financial institution used to be the records of bank accounts if which the deposition was made. The banks did not feel the need to report currency transactions. Bank Secrecy Act (BSA) was enacted by the Congress in 1970 which was followed by (the introduction of the Currency Transaction Report (CTR, Form 4789), Report of International Transportation of Currency or Monetary Instruments (CMIR, Form 4790) and Report of Foreign Bank and Financial Accounts (FBAR, Form TD F 90-22.1)) (IRS.gov, 2010). Enactment of BSA proved a big step in the way of hindering the money laundering in that it developed the paper trial which was required by the law enforcement in order to trace the dollars that went untaxed as well as others that were laundered by the financial institutions. IRS has evaluated the performance of BSA and has reached the conclusion that BSA has done a lot to dismantle the prime money and drug laundering organizations in the country through p rudent investigation and forfeiture of their assets. Besides, three directives have been issued by the European Union (EU) that are directed at eliminating the use of financial system for money laundering (Hopton, 2009, p. 9). Regulations and laws in the whole EU against money laundering are influenced by the very directives. In the sub-region of West Africa, participants of a seven page communique which was issued at a course’s termination noticed a remarkable increase in the dangers associated with financial crimes including money laundering. â€Å"With globalization, participants added, crime transcends national boundaries so easily that the fight against the scourge calls for absolute collaboration at the...Money Landry: Research Proposal Money laundering is not just the outcome of the legal framework of a country, but is a result of the socioeconomic conditions as well as culture prevailing in it. This research tends to identify the specific factors that are responsible for the growth and strengthening up of the money laundering in a country. Moreover, this research aims at determining the most cost effective and useful way of controlling money laundering in a country. The research will compare the differences in the causal and restraining factors determined between a developed and a developing country to analyze the influence of economic strength on money laundering. Research objectives: This research has three primary objectives: 1. To study the effects of money laundering on a nation’s economy. 2. To study the factors promoting the growth of money laundering in a nation. 3. To identify the most useful and cost effective way of restraining the growth of money laundering Literature Review: â€Å"Money laundering has traditionally been considered to be a process by which criminals attempt to hide the origins and ownership of the proceeds of their criminal activities [so that they] retain control over the proceeds†. Banks are the fundamental facilitators of money laundering. The factor analysis will be conducted to identify common variables whose relation with money laundering will be evaluated through regression analysis. The dependent variable will be money laundering and there will be a multitude of independent variables including law, bank policy, and governmental taxes.