More Identity Theft Offline Than Online-Study
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Federal regulators warn that the  Internet is the thriving frontier for identity theft, but 72  percent of the thefts of personal information for scams last  year was done offline, a new report says.
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Think you're safe from identity theft on campus? Think again.   College students face about the same risk of having their identity stolen as the average person -- roughly one in 30.
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The loss or theft of personal data such as credit card and Social Security numbers is soaring to unprecedented levels, and the trend isn't expected to turn around anytime soon as hackers stay a step ahead of security and laptops disappear with sensitive information.
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Internet users at home are not nearly as safe online as they believe, according to a nationwide inspection by researchers. They found most consumers have
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Now there are tools available online to safeguard against the theft of Social Security numbers.
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In a MIT-Harvard study, 36 percent of subjects logged in to their online bank accounts despite being warned that the site was not secure.
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InfoWorld - Identity theft remained top of mind among U.S. consumers last year, but complaints about Internet auction fraud dropped noticeably, according to data released Wednesday by the U.S. Federal Trade Commission (FTC).
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Blog: Government auditors say only a fraction of the largest intrusions in recent years showed clear evidence of resulting identity theft, but they admit that's not always easy to gauge.
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Financial fraud rife, say criminologists More than three million online crimes were carried out last year, according to estimates published today. These included more than 200,000 cases of financial fraud, twice the official number of real-world robberies carried out during the same period.â¦
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As a record number of people buy holiday gifts online, consumers should take steps to reduce their risk of having their personal details stolen.
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California university officials have warned nearly 600,000 students and faculty that they might be exposed to identity theft following incidents where computer hard drives loaded with their private information were lost or hacked into.
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BOSTON - The number of phishing Web sites associated with online identity theft scams grew by 33 percent in November, after dropping off in September and early October, according to data compiled by the Anti-Phishing Working Group (APWG) and shared with IDG News Service.
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Gimme shelter US identity theft losses dropped 11.5 per cent last year to $49.3bn, according to a new study.â¦
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A service launched last week that aims to help online users determine whether their credit card and Social Security numbers may have been compromised is running into skepticism about how secure -- and safe -- it is.
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Personal identity has taken on a new  meaning in the digital age, where basic facts like your name,  address or age are far less important to some people than the  collected records of what you were looking at online.
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If you&#39;re a convicted identity thief, you&#39;ve got about a 50 percent chance of avoiding jail time.That&#39;s one of the findings of a new study of closed U.S. Secret Service case files, released Monday by Utica College&#39;s Center for Identity Management and Information Protection. This is the first time researchers have been allowed to sift through the Secret Service&#39;s data. The study&#39;s authors based their findings on an&#160;analysis of 500 closed Secret Service cases.&quot;Prosecutors had a slightly better chance of sending a convicted identity thief to prison than not (51 percent) and could expect to see the imprisoned offender sentenced to three years or less of incarceration,&quot; the report said.The college has been working with a number of partners, including the Secret Service, IBM, and the Federal Bureau of Investigation, since the Center&#39;s creation in mid-2006 to study the methods used by ID thieves and to help corporations and law enforcement prevent this type of crime.Technology like printers, mobile phones, and computers were used in about half of the cases, but the Internet was the exclusive tool of ID thieves only about 10 percent of the time.Identity theft is concentrated in the northeastern and southern United States, the study found. And the majority of the offenders in the Secret Service cases were African-American; more than two-thirds of all offenders were male.The study also found that ID thieves tended to hit people that they did not know, rather than preying on friends and relatives. A family member or friend was the victim in 16 percent of cases. In about a third of the cases, the theft was an inside job, with the data being stolen from an employer.Identity theft is a well-studied phenomenon, but it&#39;s unusual for a survey to be based on this kind of closed-case data. &quot;This study is significant because it did not depend on self-reported or survey data,&quot; the authors wrote.The median loss from identity theft was just over $31,000, but in one case, investigated by the Secret Service&#39;s Dallas field office, the defendant spent millions on luxury vehicles and then managed to set up shell companies and defraud investors. Total losses: $13 million. &quot;In general,&quot; however, &quot;the more offenders involved in the case, the higher the victim loss,&quot; the study stated.According to Javelin Strategy &amp; Research, identity theft cost U.S.businesses and consumers an estimated $49.3 billion in 2006.&#160;
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A researcher says the techniques to stay anonymous online can be thwarted through flaws in the systems.