Friday, March 04, 2005

One in four 'touched' by ID fraud in Britain

ID Theft and Fraud in UK affect one in four adults. Yet most don't shred mail with potentially damaging personal information from banks, creditors and credit cards. This BBC story shows how many Brits are victims that don't know how to stem the tide of theft and fraud.

Financial institutions that still require mother's maiden name and place of birth as proof of identity are blamed as the biggest single issue since those are easily come by doing simple internet searches or through data aggregators who happily sell the information to anyone who pays for it.

The problem is worldwide, with far flung criminals accessing data via the web and using it locally through their network of financial crooks. When do we wise up and begin to fix this problem?

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posted by RealitySEO at 11:22 AM


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