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ID Theft Tops List of 2008 Consumer Complaints
From: jkouns <jkouns () opensecurityfoundation org>
Date: Sun, 01 Mar 2009 12:47:34 -0500
ID Theft Tops List of 2008 Consumer Complaints http://www.pcmag.com/article2/0,2817,2341892,00.asp?kc=PCRSS05079TX1K0000992 Despite an increased awareness of identity theft in recent years, the crime was still the top consumer complaint in 2008, according to a report released this week. The Consumer Sentinel Network (CSN) received 313,982 ID theft complaints last year, or 26 percent of all reported problems. CSN is a secure online database that houses complaints made to the Federal Trade Commission, the Internet Crime Complaint Center, Better Business Bureaus, the Identity Theft Assistance Center, and the National Fraud Information Center, among others. On the state level, Arizona had the highest per capita rate of reported ID theft, followed by California and Florida. Credit card fraud was the most common form of ID theft, with 20 percent. Fraud related to government documents and benefits as well as employment fraud both captured 15 percent of the complaints, while phone and utilities were at 13 percent, and bank fraud had about 11 percent. Electronic fund transfer-related ID theft was the most commonly reported type of bank fraud last year, though that declined slightly since 2006. ID theft related to government documents and benefits was up 4 percent from last year. Fraudulent tax return-related identity theft, a subtype of this type of fraud, has increased nearly six percentage points since calendar year 2006, the report said. [..] Report can be found here: http://www.ftc.gov/sentinel/reports/sentinel-annual-reports/sentinel-cy2008.pdf _______________________________________________ Dataloss Mailing List (dataloss () datalossdb org) CREDANT Technologies, a leader in data security, offers advanced data encryption solutions. Protect sensitive data on desktops, laptops, smartphones and USB sticks transparently across your enterprise to ensure regulatory compliance. http://www.credant.com/stopdataloss
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