Identity Theft by Phishing
Stealing Your Life: The Ultimate Identity Theft Prevention Plan
by Frank W. Abagnale

Stealing Your Life is more frightening than a gory murder mystery. Any one of us, from cradle to grave, is vulnerable to a swindle that can wreck us emotionally, cost us serious money, ruin our credit ratings, and take us years to straighten out. Identity theft is here to stay, and as long as legislators, businesses, law enforcement agencies, and individuals fail to take it seriously, the number of victims will continue to climb.

For thirty-two years, the author has been a law-abiding citizen; his criminal past, famously recounted in the book and film "Catch Me If You Can," is a distant memory. However, he knows how crooks think, and this knowledge has led to a lucrative career as a consultant for the FBI and corporations all over the world in preventing frauds and scams. Abagnale is horrified at how easy and tempting identity theft is for the budding criminal. He calls it "a crook's dream come true."

     

Identity Theft by Phishing

Identity Theft Statistics

Identity Theft by Phishing * Identity Theft Statistics

Identity Theft Statistics - Where Are You Most Vulnerable?   
Carl LaFresnaye

If identity theft statistics tell us anything, it's that the more technology advances, the easier it becomes for identity thieves to wreak havoc.

In California, for instance, the hotbed for counterfeiting activity by Asian gangs, available technology gives criminals the power to make an exact replica of your credit card in minutes! Credit card counterfeiting is the No. 1 cause of the spike in identity theft statistics.

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Bogus Tweet Fears Dog AFL (Herald Sun)
PLAYERS have been urged to report fake Twitter accounts as internet identity theft continues to dog the AFL.

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Here is the breakdown of the major causes for the rise in identity theft statistics in 2005:

- Credit card fraud = 26% of total identity theft cases in the United States
- Phone/utility = 18%
- Bank = 17%
- Employment = 12%
- Government papers/benefits = 9%
- Loans fraud = 5%

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Twitter Becomes More Proactive About Phishing (Network World)
Twitter is finally being proactive about the large number of phishing scams that have plagued the micro-blogging service in the past year. On Wednesday, Twitter introduced its own anti-phishing service...

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Identity Theft Statistics - Surfer Beware!

The Federal Trade Commission received over 685,000 complaints of identity theft and fraud in 2005. That translated into a whopping $680 million in losses!

Of the total number of complaints, identity theft accounted for 37% and fraud for 63%. But among cases of fraud, criminals used the Internet 46% of the time. In dollars, that translates into $335 million stolen.

In fact, 73% of all complaints involved using the Internet as the first way to touch base with the potential victim. Take a look at the following identity theft statistics to see where you are most vulnerable.

- Auction websites = 12% of all complaints to the FTC
- Offers of foreign money = 8%
- Shop from home or catalog offers = 8%
- Lotteries, sweepstakes, or prizes = 7%
- Computer or Internet service complaints = 5%
- Work from home offers or business opportunities = 2%
- Credit protection or advance fee loan offers = 2%
- Phone Service = 2%

Identity Theft Statistics - What It Can Cost You

The number of victims of identity theft reaches approximately 10 million every year. So each minute, 19 individuals are victimized. Based on identity theft statistics, the cost per person is $500. Multiply that around 50 billion victims around the world and you get a staggering figure.

But the cost to you may not only be money. Americans have spent approximately 300 million hours just to resolve problems related to identity theft. Identity theft statistics estimate that every 30 to 60 hours, a victim has to face a matter concerning this very common problem.

Theft statistics show that if you are victimized, you can spend an average of 600 hours and about $800 to clear your name and correct your credit history. And it may take you a year or more to fix the problem.

Although there was a decrease in the number of identity theft incidents, the total dollars involved have increased of the last three years. Figures from 2003 show that the per person average was $5,249. In 2006, the figure jumped to a loss of $6,383 per person.

Index of Articles about Indentity Theft

What Other Authors say about Indentify Theft

Identity Theft Tips by Tony Robinson

Identity theft is an ongoing crime, that in the year of 2004 alone more than eleven million victims lost their identity. Now that we are in recession, the world is in chaos more so than ever and many people...

6 Ways To Prevent Identity Theft by Gary Gresham

These six ways to prevent identity theft offer you valuable tips against the fastest growing crime in America today. In 2004, more than 9.9 million Americans fell victim to many types of identity theft...

Rising Identity Theft Crimes by Tony Robinson

Each year identity theft is on the increase according to the Federal Trade Commission (FTC). Since 2004, a shocking rate of eleven "million" have fallen victim of identity theft. At the same time, experts...

Facts on Identity Theft by Tony Robinson

Identity thieves work overtime to get someone's identity. When a person loses their wallets or purses where information is often stored, the wrong hands can find the belongings and use it to their advantage....

Small Business Q & A: Dont Fall For The Latest Internet Identity Theft Scam by Tim Knox

Q: I use PayPal to accept credit cards for my online collectibles business. I recently received an email that my PayPal account was going to expire in five days if I didnt click a link in the email and...

Identity Theft Cases - Thieves Don't Discriminate! by Carl LaFresnaye

The identity theft cases reported by the US media in recent years just goes to show how vulnerable Americans are to this rapidly growing, white-collar crime. Identity fraud (which includes identity theft...

Identity Theft Protection - Practical Ways to Stay Safe by Carl LaFresnaye

Sadly, many Americans only think of identity theft protection once they've been victimized. In the unfortunate tradition of closing the barn door after the horse has escaped, many of us install Firewalls,...

How to Repair Your Credit if You Are the Victim of Identity Theft by John Campbell

If youre ever a victim of identity theft you will need to take immediate action to repair the damage done. Depending on how long someone may have stolen your identity, the damage could be more extensive...

Identity Theft Taking Over by Tony Robinson

Identity thieves are taking over millions of lives each year, and the studies are showing the law is making very little headway in stopping the crimes from occurring. Recently, studies have shown that...

14 Steps You Can Take to Prevent Identity Theft by Etienne Gibbs

Becoming a major epidemic, Identity Theft occurs when a criminal uses another person's personal information to take on that person's identity. Identity theft includes the misuse of a Social Security number,...

Identity Theft Prevention Tip - Stop the Thief in His Tracks! by Carl LaFresnaye

Perhaps the most practical identity theft prevention tip is discovering just where your lifestyle and habits are most vulnerable to attacks. If you can stop a thief in his tracks, it will save you loads...


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