ID Theft Prevention
Identity Theft Prevention...
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Identity Theft Prevention...
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Most ID Thefts Occurs By Someone You Know
The well-publicized security breaches in regard to loss of personal information account for only a small part of actual ID thefts. Most cases of ID theft involve a family member or relative(35 percent) and friends or neighbors (18 percent). Another 23 percent of ID theft are the result of dishonest employees. Credit card fraud is #1 for ID theft.
Hack in the box: identity worth over ?85,000 to ID hackers
A new wave of ID theft is hitting the nation with Britons? identities being illegally manufactured online for financial gain - and it?s no wonder as the average identity is worth over ?85,000 to ID hackers. So lucrative is this multi-billion pound industry that it is fast becoming the target of organised criminal gangs, according to a report commissioned from leading criminologists by online identity experts Garlik. ID thieves are currently fleecing more than 100,000 Britons each year. Yet the problem is set to escalate with the industry predicted to grow to ?4 billion by 20101, affecting 200,000 people annually.
ID Theft Real Problem In Alabama
Identity theft is the fastest growing crime in the nation. More than 2,000 Alabamians were victims of identity theft in 2004 alone.
5 Things Banks Don't Tell You About ID Theft
How well would your bank's ID Theft protection really help you? Statistically, financial institutions provide ID Theft protection that only helps 28% of the time. And then it only helps with that account. There are five areas of ID Theft that you need to be aware of.
Police search for ID theft victims
But wary Brits think email warnings are hoax UK police are attempting to reach thousands of Brits who have become victims of malware-powered ID theft scam.Â…
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Identity Theft
Fighting Identity Theft
By James H. Dimmitt
Chances are good that you know someone who has been
victimized by the fastest growing crime - identity theft.
The Federal Trade Commission (FTC) reported that there
were 10 million cases of identity theft in 2002 alone.
It’s estimated that someone’s identity is stolen every 79
seconds.
The bad news is with increasing amounts of personal
information available to an experienced identity thief,
it shows few signs of slowing down. The good news is
that identity fraud is now a federal crime with stiff
penalties for those who perpetrate these crimes.
Here are a few simple steps you can take now to minimize
your risk:
1) Check your credit report annually, if not more often.
Most victims of identity theft don’t realize they’ve been
victimized until 14 months after the crime. By then the
damage is done and you will spend a significant amount of
time and money trying to correct it.
2) Keep your Social Security number private. Do not have
it printed on your personal checks or drivers license. Do
not share it with anyone, including merchants, unless
they can provide a good reason for having it. Once
someone has your Social Security number they have the key
to unlocking your identity and using it fraudulently.
3) Shred offers for pre-approved credit cards that you
receive by mail. Do the same with any receipts that
contain account numbers or your Social Security number.
Identity thieves are not afraid to go “dumpster diving”
in order to obtain your personal information.
Identity theft has become the fastest growing crime
because it is the most profitable crime. On average, the
loss from identity theft is about $18,000.00. Taking
these precautions now can you save you from becoming
another statistic in the fight against identity theft.
© 2004, http://www.yourfreecreditreportnow.com (http:/
/www.yourfreecreditreportnow.com)
James H. Dimmitt
James is editor of "TO YOUR CREDIT", a weekly free
newsletter. Subscribe to the newsletter by visiting http:/
/www.yourfreecreditreportnow.com (http://www.
yourfreecreditreportnow.com). He is also author of
“Identity Theft - How to Avoid Becoming the Next Victim!”
available at http://tinyurl.com/bc45 (http://tinyurl.com/
bc45)
jimdim815@aol.com (mailto:jimdim815@aol.com)
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Identity Theft Prevention
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