Victims of identity theft are not limited to Americans. It is a crime that affects national economies all over the world and in some cases is a more serious concern than national security or even the war on terror.
The Federal Trade Commission recently reported a loss of approximately $50 billion dollars annually in the United States. In the United Kingdom, the Home Office estimated the cost of identity theft (known as identity fraud in most other countries) as approximately $3.2 billion dollars over the last three years. The Australian Centre for Policing Research estimates the costs of identity theft to individuals to be at $3 billion each year.
Citizens of the UK can request a copy of their credit report from the three major credit reporting agencies of Callcredit, Experian or Equifax to monitor their credit. But, in the UK those who discover they have been victims of identity fraud must first attempt to resolve the disputed credit through the lending agency and then if unsuccessful report that they dispute certain information on their credit report. This makes it much more expensive and time consuming for victims to resolve identity fraud.
Spyware is the most often used information gathering tool in the […]

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