Identity Theft – Cyber Crime Pays November 18, 2007
Posted by LifeLock Promo in Internet Identity Theft.Tags: identity theft, identity theft protection, security breaches
trackback
Identity theft is THE fastest growing crime in the world. It’s now bringing in more than drug trafficking.
One of the reason it’s so popular with thieves is because they are rarely caught. And even if they are caught, they generally aren’t convicted. It’s possible that only 5% of identity theft cases lead to an arrest. Of those 5%, only 30% are actually convicted. Electronic crime seems to be THE place to be nowadays.
Another reason cyber hackers don’t get caught is because so few people actually detect it. As a society, we’re still in the 1980’s mentality. Identity theft rarely happened back then because there wasn’t as much access to personal information.
Security breaches are now commonplace. A huge black market exists for bank account numbers, credit card numbers and social security numbers. They get sold many times over. For a thief, finding a spreadsheet full of credit card numbers is like hitting a lottery.
Bring yourself into the 21st century and pay close attention to your credit reports and what’s in them. Preventing identity theft is a lot easier than fixing it.
Comments»
No comments yet — be the first.