Maintain your old Siemens Hipath system

Identity Theft - Dont Blame The Internet

Identity theft ? also known as ID theft, identity fraud and ID fraud ? describes a type of fraud where a criminal adopts someone else's 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 $52.6 billion.

With figures like this, it's 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 user's minds.

It's 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 report, the facts of the matter are a little more down to earth and the internet, far from making you more at risk to identity theft, can help to significantly cut your losses if you do fall victim this form of fraud.

According to the Better Business Bureau's research the main methods by which criminals gain access to information used for identity theft fraud are as below:

  • Lost or stolen wallet, chequebook or credit card. 28.8%
  • Accessed as part of a transaction. 12.9%*
  • Accessed by friend, acquaintance or relative. 11.4%
  • Don't know, refused, no answer. 11.1%
  • Information accessed by corrupt employee. 8.7%
  • Stolen paper mail or fraudulent change of address. 8.0%
  • Obtained some other way. 7.4%
  • Computer spyware. 5.2%
  • Information stolen from garbage. 2.6%
  • Computer viruses and/or hackers. 2.2%
  • Emails sent by criminals posing as legitimate business. 1.7%
  • * 12.9% due to transactions ? 10.4% offline transactions, 2.5% online transactions.

    In total, when the instances where information was accessed during transactions are subdivided into online and offline transactions, only 11.6% of the information used to carry out identity theft fraud was obtained from computers.

    Of this more than half was obtained by the use of spyware, viruses or hacking ? the risk of which can be greatly reduced by installing the appropriate protection software and ensuring that this is kept up to date.

    Not only did the survey reveal that the internet was not a major source of illegally obtained personal information, but it was also found that those fraud victims who checked their financial records using the internet, ATM machines or other electronic methods suffered financial losses which were, on average, 8 times lower than those of victims who used traditional paper statements to monitor their accounts. This very significant reduction was attributed to the rapid discovery of the fraud due to "real time" monitoring.

    Of course, that's not to say that you shouldn't exercise caution when using the internet or take care to protect the personal information which you may have stored on your PC. However, as long as you install suitable virus, firewall and spyware protection, and keep this continually updated the internet can should be more of a help than a hindrance when it comes to avoiding identity fraud.

    Hamish Hayward
    Don't become a victim. Find out the facts about identity theft.

    In The News:

    Fears for King and Queen Consort's first state visit as violent protests continue
    Thu, 23 Mar 2023 20:20:00 +0000
    The first state visit of the King's reign could be disrupted by fierce protests in France over a plan to raise the retirement age.

    'City killer' asteroid to pass between Earth and moon in 17,500mph close encounter
    Fri, 24 Mar 2023 07:20:00 +0000
    An asteroid big enough to wipe out a city will hurtle between Earth and the moon's orbit this weekend in a close encounter visible through binoculars and small telescopes.

    North Korea tests underwater attack drone that can generate 'radioactive tsunami'
    Fri, 24 Mar 2023 02:01:00 +0000
    North Korea has tested a new underwater attack drone that can generate a radioactive tsunami, the country's state media has claimed.

    'Closing the door' on trans people: World Athletics criticised over decision to exclude trans women from female events
    Wed, 22 Mar 2023 15:58:00 +0000
    World Athletics has decided to exclude transgender women who have gone through male puberty from female events.

    911 call released as boys trapped in tunnel told to 'scream as loud as they could' to be found
    Thu, 23 Mar 2023 19:45:00 +0000
    Five boys aged 11 and 12 who became trapped in the New York City sewer system were told to "scream as loud as they could" to help firefighters locate them before being rescued.

    Erfahrungen mit Pallhuber Wein
    Agen Bola SBOBET Terpercaya

    Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

    Secrets On Security: A Gentle Introduction To Cryptography

    Let us take the example of scrambling an egg. First,... Read More

    Reclaim Your PC from the Internet Spies

    Viruses are, however, not the only malicious software programs out... Read More

    Five Excellent Indie Encryption And Security Solutions You Have Not Heard About

    1. Geek Superhero Superhero watches your computer for changes,... Read More

    Secure Your PC From Hackers, Viruses, and Trojans

    Viruses, Trojans and Spyware: Protecting yourself.No user on the internet... Read More

    Spyware Protection Software

    Spyware protection software is the easiest way of removing spyware... Read More

    The Bad Guys Are Phishing For Your Personal Information

    Do you know what "phishing" is?No, it doesn't mean you... Read More

    Network Security 101

    As more people are logging onto the Internet everyday, Network... Read More

    Phishing-Based Scams: A Couple of New Ones

    Phishing in its "classic" variant is relatively well-known. Actually, 43.4... Read More

    Make Money Online - Latest Scam Disclosed

    Before we start, I want to make it clear that... Read More

    Message Board Security Problems

    Security leaks can be a big problem for any site... Read More

    Is Adware - Spyware Putting Your Privacy at Risk

    Do you sometimes notice your computer running slower. Is your... Read More

    Online Shopping: 10 Tips For Safe Online Shopping

    Have you ever bought a product or service from the... Read More

    A New Low

    A new variation of the Nigerian Scam theme ... Read More

    Wells Fargo Report Phishing Scam

    First off I should explain what phishing is. Phishing is... Read More

    How to Get Rid of New Sobig.F Virus?

    As you know, this time the virus under the name... Read More

    Dont Allow Hackers to Take Out Money from Your Bank Account

    If you know what is the 'Fishing' then it's very... Read More

    Identity Theft Offline -- So Many Possibilities

    Chris Simpson, head of Scotland Yard's computer crime unit was... Read More

    Traditional Antivirus Programs Useless Against New Unidentified Viruses!

    Every now and then you can read about a new... Read More

    3 Pervasive Phishing Scams

    Scams involving email continue to plague consumers across America, indeed... Read More

    Lottery Scam, What It is and how to Avoid It?

    Internet scams and frauds are on the rise! The quantity... Read More

    Phishing, Fraudulent, and Malicious Websites

    Whether we like it or not, we are all living... Read More

    Watch Out For That Scam

    The IFCC (Internet Fraud Complaint Center) received over 200,000 complaint... Read More

    Sarbanes-Oxley: A Cross-Industry Email Compliance Challenge

    Is your enterprise following the rules?The bulk of financial information... Read More

    Top Five Spyware Fighting Tips

    Spyware and adware are becoming major problems for online surfers... Read More

    Top Spyware Removers Considerations

    Only the top spyware removers are successful at detecting and... Read More