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Big ID Thefts Not To Be Feared
goldseries writes "A
new study released by ID Analytics says that only about 1 out of every 1000 stolen identities are actually used, due to the amount of time it takes to use the identity, limiting a single thief to 250 identities a year. The likelihood that your information will be used increases drastically when the size a the theft is small. So size does not matter, in identity thefts at least; the identity thefts you need to worry about aren't the big ones heard on the news but the small unreported ones." From the article: "While the findings will provide some comfort to consumers whose credit cards are lost or lifted, or whose sensitive information is compromised when, for instance, a laptop is stolen, as recently happened at Chicago-based Boeing, some of ID Analytics' suggestions could be controversial. The company suggests, for instance, that companies shouldn't always notify consumers of data breaches because they may be unnecessarily alarming people who stand little chance of being victimized."
Looks like Baghdad Bob has a new venue for employment...
"The criminals are commiting suicide outside the gates of your personal information! There is no ID theft in the city, not at all! We are victorious!"
"Shit. Another 100,000 credit card numbers were jacked? Naw, we don't need to let anyone know. It's the holidays for fuck's sake."
Where all think alike, no one thinks very much.
The next time I golf, and I see my ball heading towards a large crowd of people, I shouldn't alert them about it since it will probably only hit one person (assuming no rebound)?
In undeveloped countries, the consumer controls the market. In capitalist America, the market controls you.
Bah! You probably aren't even standing......
99.525809283902% of all typists are seated as they type.
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As a matter of fact, I am a lawyer. But I play an actor on TV.