Identity theft is not going to go away. The thieves know how profitable it is and how
easy it is to avoid being caught. The Federal Trade Commission recently
released its annual report on the complaints of 2011. No one should be surprised to see Identity
Theft in the top spot once again. This
is the crime that not restricted by borders or governments. Your information can be stolen from any place
where it has been stored as well as sold to anyone anywhere who might wish to
abuse it.
There has been a fluctuation in the numbers for the past
three years 2009 numbers were higher than 2010.
Many people speculated that the crime was receding while I believe that
the financial environment and tighter credit granting practices had more of an
impact. Now with the report from Javelin
placing the number closer to 12 million and the number increases from the FTC
for 2011 it is clearer that the problem appears to be back on the rise.
When you read in the paper or see on television that a group
has been arrested, remember that there are a lot more of them out there
continuing to commit the crime. There
have been a lot of ideas put forward to help protect you from identity
theft. The problem with the claim is
that there are so many different ways your identity can be used and abused that
no one idea can cover all of the different elements.
There are some of the companies offering services are
expanding into the uncovered areas. Each
step is a move in the right direction.
We need to remember that complete protection is a number of steps away
from being total coverage.
One of the topics I will cover has to do with data
breaches. There are all sorts of
opinions about the need to protect a company’s data. The rules about protecting the data vary from
State to State but the base principals are
the same. You collect it you need to
make sure that it is secure
No comments:
Post a Comment