Fergie's Tech Blog

The Aftermath of Identity Theft

Tim Wilson writes on Dark Reading:

It's not just hype -- identity theft is definitely on the rise, according to a study published earlier today by the Identity Theft Resource Center.

The study, entitled "Identity Theft: The Aftermath 2006," offers a detailed analysis of both online and physical theft, and its impact on victims and businesses.

The study shows that ID theft, both through the Internet and through stolen wallets and purses, increased significantly between 2004 and 2006, according to the ITRC. The cost of ID theft also has grown, and now costs businesses about $87,303 per incident, a figure that is 78 percent higher than it was in 2004.

posted by Fergie @ 11/19/2007 12:55:00 PM