Fergie's Tech Blog

Grand Theft Identity

In the July 4 issue of Newsweek, Steven Levy and Brad Stone write that:

Be careful, we've been told, or you may become a fraud victim. But now it seems that corporations are failing to protect our secrets. How bad is the problem, and how can we fix it?

Millions of Americans now have a new reason to dread the mailbox. In addition to the tried-and-true collection of Letters You Never Want to See—the tax audit, the high cholesterol reading, the college rejection letter—there is now the missive that reveals you are on the fast track to becoming a victim of identify theft. Someone may have taken possession of your credit-card info, Social Security number, bank account or other personal data that would enable him or her to go on a permanent shopping spree—leaving you to deal with the financial, legal and psychic bills.

posted by Fergie @ 6/26/2005 09:43:00 AM