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Security Information |
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Identity Theft - Dont Blame The Internet
Identity theft - also known as ID theft, identity fraud and ID fraud - describes a type of fraud where a criminal adopts someone else's identity in order to profit illegally. It is one of the fastest growing forms of fraud in many developed countries. In the UK identity theft is increasing at the rate of 500% each year and, according to Which Magazine, 25% of the population have either suffered from identity theft or know someone who has. In the USA, a report issued by the Better Business Bureau revealed that, in 2004, over 9 million Americans became victims of identity theft with the total sum defrauded being $52.6 billion. With figures like this, it's no surprise that there is a certain amount of concern regarding computer and internet security. After all, the internet is basically a mechanism for exchanging information and the possibility that some of the information exchanged may be more than intended is never far from many internet user's minds. It's easy to imagine criminal masterminds worldwide using the internet to hack into computers in order to gain access to information with which to advance their devilishly cunning schemes. However, as revealed in the report, the facts of the matter are a little more down to earth and the internet, far from making you more at risk to identity theft, can help to significantly cut your losses if you do fall victim this form of fraud. According to the Better Business Bureau's research the main methods by which criminals gain access to information used for identity theft fraud are as below: * 12.9% due to transactions - 10.4% offline transactions, 2.5% online transactions. In total, when the instances where information was accessed during transactions are subdivided into online and offline transactions, only 11.6% of the information used to carry out identity theft fraud was obtained from computers. Of this more than half was obtained by the use of spyware, viruses or hacking - the risk of which can be greatly reduced by installing the appropriate protection software and ensuring that this is kept up to date. Not only did the survey reveal that the internet was not a major source of illegally obtained personal information, but it was also found that those fraud victims who checked their financial records using the internet, ATM machines or other electronic methods suffered financial losses which were, on average, 8 times lower than those of victims who used traditional paper statements to monitor their accounts. This very significant reduction was attributed to the rapid discovery of the fraud due to "real time" monitoring. Of course, that's not to say that you shouldn't exercise caution when using the internet or take care to protect the personal information which you may have stored on your PC. However, as long as you install suitable virus, firewall and spyware protection, and keep this continually updated the internet can should be more of a help than a hindrance when it comes to avoiding identity fraud. Hamish Hayward
MORE RESOURCES: Opinion | Banning TikTok Won’t Solve Your Data-Security Problem The Wall Street Journal He’s a Security Guard at the Met. Now His Work Is Showing There. The New York Times Why does Trump want Greenland and the Panama Canal so badly? One reason may surprise you - USA TODAY Japan links Chinese hacker MirrorFace to dozens of cyberattacks targeting security and tech data ABC News Remarks at a UN Security Council Briefing on Nonproliferation and the Democratic People’s Republic of Korea United States Mission to the United Nations Sweet Security Partners with Illustria to Offer Proactive Open-Source Supply Chain Risk Management GlobeNewswire Krebs on Security – In-depth security news and investigation Krebs on Security One week later: New Orleans debates security, memorial grows, more chemicals found FOX 8 Local First New in 2025: Counties Should Prepare Now for the Upcoming HIPAA Security Rule Update National Association of Counties Special ops forces seek to manage digital footprints, achieve ‘security through obscurity’ DefenseScoop Pope to celebrate Jubilees for Communications, security forces Vatican News - English White House program to certify the security of IoT devices goes live Cybersecurity Dive U.S. citizen denied entry into Poland after security staff object to handwritten notes in passport ABC News Remarks at a UN Security Council Briefing on the Political and Humanitarian Situations in Syria United States Mission to the United Nations Stowaways on planes and inside landing gear raise worries about aviation security The Associated Press Brillion Achieves SOC 2 Type 2 Compliance, Reinforcing Commitment to Data Security and Privacy Business Wire Opinion | Biden’s ‘security’ concern about TikTok and U.S. Steel is doubly specious The Washington Post New Orleans Homeland Security criticized during terror attack probe WDSU New Orleans Border security is national security Foundation for Defense of Democracies The Rio Treaty's Security Pact and Unintended Consequences of Threatening Canada, Greenland, and Panama Just Security Tidal Cyber Acquires Zero-Shot Security to Enhance Threat Intelligence Mapping Capabilities Business Wire Swimlane Hero helps solve complex security operations problems Help Net Security Security guard catches DJ molesting 12-year-old boy at California mall, officials say Sacramento Bee Who is Acronis’ New Chief Information Security Officer? Cyber Magazine UN aviation agency confirms recruitment database security breach BleepingComputer Fort Smith Public Schools to integrate AI gun detection software in security cameras Northwest Arkansas Democrat-Gazette AITX's RAD-R Welcomes Steve Danelon as President, Strengthening Leadership for Residential Security Solutions GlobeNewswire Orange Bowl pep rally security includes surveillance cams, law enforcement on the ground - CBS Miami Update on former Vigo County Security Annex demolition MyWabashValley.com Security Industry Association Welcomes New Perimeter Security Subcommittee Leaders Security Sales & Integration BreachLock Unveils Unified Security Testing Platform for PTaaS, ASM, Continuous Pentesting, and Red Teaming PR Newswire Alois Brunner, the Nazi ‘butcher’ who trained Syrian security Al Jazeera English Marine Corps bases take increased security posture The Island News – Beaufort, SC When It Comes to Security, Europe Is Whistling Past the Graveyard World Politics Review Synology Launches ActiveProtect: Simplifying Enterprise Data Protection with Unmatched Security, and Scalability Business Wire Japan links Chinese hacker MirrorFace to dozens of cyberattacks targeting security and tech data The Associated Press Security consultant denied profiteering in defamation case against CNN WMBB - mypanhandle.com Security and Sanctions in Post-Assad Syria The National Interest Online 2025 Security Industry Predictions: Jon Adams, Vice President of Sales, DMP Security Sales & Integration Eric Trager tapped for Mideast slot on Trump’s National Security Council The Times of Israel Can Washington handle two weeks of high-security pomp along with a heavy burst of snow? The Associated Press Washington Township Police to launch security risk assessment program for businesses Bellefontaine Examiner New Orleans hires consultant to review security after Bourbon Street attack. See who has the job. NOLA.com New Orleans attack prompts tighter security in D.C. ahead of inauguration, Carter funeral The Chicago Cusader Newark Airport makes list of Top 10 craziest security catches New Jersey 101.5 FM Base steps up security measures following terrorist attacks Mountain Home News |
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