Fergie's Tech Blog

Identity Thieves Use Yahoo! e-Mail to Purchase Goods Online

Fiona Raisbeck writes on SC Magazine Online:

Over three quarters of suspected identity thefts use Yahoo! email accounts, according to a report published yesterday.

The research, completed by checkmyfile.com, found that consumers using popular internet based email addresses, such as Yahoo! and Hotmail, to make online purchases are more likely to be blacklisted as identity thieves by retailers.

It found that companies accepting transactions from such email accounts are up to seven times more likely to have to refund a consumer's credit card because the card owner doesn't recognise the purchase, compared to customers using other email providers. According to the report 82 per cent of suspected identity theft attempts use Yahoo! addresses.

posted by Fergie @ 10/18/2006 11:00:00 AM