May 5, 2008
Identity Theft - Don’t blame The Internet
Identity theft 0 also known as ID theft, identity fraud and ID fraud 0 describes a type of fraud where a criminal adopts someone else0s identity in order to profit illegally. It is one of the fastest growing forms of fraud in many developed countries.
In the UK identity theft is increasing at the rate of 500% each year and, according to Which Magazine, 25% of the population have either suffered from identity theft or know someone who has.
In the USA, a report issued by the Better Business Bureau revealed that, in 2004, over 9 million Americans became victims of identity theft with the total sum defrauded being estimated at $52.6 billion.
With figures like this, it0s no surprise that there is a certain amount of concern regarding computer and internet security. After all, the internet is basically a mechanism for exchanging information and the possibility that some of the information exchanged may be more than intended is never far from many internet users0 minds.
It0s easy to imagine criminal masterminds worldwide using the internet to hack into computers in order to gain access to information with which to advance their devilishly cunning schemes. However, as revealed in the […]
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