Fergie's Tech Blog

Opinion: Banks Must Come Clean on ID Theft

Chris Jay Hoofnagle writes in The San Francisco Chronicle:

Two separate studies recently reached conflicting conclusions: While one found that identity theft is on the rise significantly, the other reported that it is on the decline.

So which is it?

There's no way to know because banks do not report to the public how often identity theft occurs, or how it happens. As long as the public is kept in the dark about the scope and evolution of identity theft, this form of fraud will thrive.

posted by Fergie @ 4/18/2007 07:21:00 AM