Good piece today by my WSJ colleague Cassell Bryan-Low on the Douglas Havard case which I mentioned a week or so back: As Identity Theft Moves Online, Crime Rings Mimic Big Business (subscription only, I suspect): Most identity theft still occurs offline, through stolen cards or rings of rogue waiters and shop clerks in cahoots with… Read More »
Could RFID tags be used by shoplifters? Robert Lemos of CNET’s News.com writes from Las Vegas that a German technology consultant believes the Radio Frequency Identification tags “could be abused by hackers and tech-savvy shoplifters”. He quotes Lukas Grunwald, a senior consultant with DN-Systems Enterprise Internet Solutions GmbH, as telling a discussion at the Black… Read More »
The Federal Trade Commission is now wise to the reality: identity theft is a problem. Nearly one in eight U.S. adults has had their credit card hijacked, identity co-opted or credit rating pockmarked by identity thieves over the past five years, Reuters quoted the Federal Trade Commission as saying. The FTC surveyed some 4,000 adults… Read More »
Well, actually the article, from research and advisory firm Gartner, Inc., doesn’t say that. But it does say Identity Theft Is Up Nearly 80 Percent, and that 7 Million U.S. Adults Were Identity Theft Victims in the Past 12 Months. Which seems to be a lot. That’s 3.4 percent of U.S. consumers, I can’t help… Read More »