AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
NEW YORK -- Today there are about three times more identities of U.S. residents on record than there are actual residents. Statistics cited at by the Privacy Rights Clearinghouse show that the first six months of 2006, over 32 million U.S. identities were stolen in cyberspace. The site (www.privacyrights.org) includes a chronology of data breaches, and the institutions where they occurred, that resulted in 84 million Americans having their personal information compromised since the ChoicePoint incident in February 2005.
The bad news is that 2006 is likely to be the worst year ever for identity theft. The good news, says a company called Edentify is that actual losses from identity theft are continuing to fall.
Bethlehem, Pa.-based Edentify offers patented measures for companies and individuals to prevent identity theft, including an "identity escrow account," very similar to PayPal, that enables consumers to maintain ownership of their own biometric identity verification for every ...
Source: HighBeam Research, Will 2006 Be Record Year For Online Identity Theft.