some statistics indicate that identity theft effects nearly 12 million people per year. Identity theft can occur over the internet while using a computer.....
Internet identity theft is one of the fastest-growing crimes in the U.S. today. For five straight years, the Federal Trade Commission (FTC) ranked it as one of the most-reported types of fraud. Despite the increasing awareness of identity theft among consumers and financial institutions, the identity-theft racket shows no signs of slowing. Reported losses from identity theft, currently responsible for over 40 percent of all fraud complaints, approached nearly $300 million last year.
"True identity theft is a problem that goes far beyond simple credit-card fraud, against which consumers are fully protected, thanks to zero-liability laws and other regulations," said Dave Collett, a spokesperson for MasterCard. "ID theft is when a person's entire identity is taken over. For that to happen, a fraudster would need far more information than just what is found on a credit or debit card."
Stop ID theft
Wednesday, April 26, 2006
internet identity theft- how to stop
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