Torn-up Credit Card Apps Not So Safe
Maximum Prophet writes "This dude tears up a credit card application, tapes it back together, sends it in with his cell phone number and father's address, and voila, gets a credit card.
Who would have thought security at a credit card company was so lax? The company recommends that consumers "tear up" financial solicitations before throwing them away, "so thieves can't use them to assume your identity.", but according to them, "Applications that arrive in damaged form are customarily transferred to an electronic format, he said -- often by machine. So it's possible a human being never handled the taped-up application and never had the chance to spot the obvious sign of trouble." In this era where we worry so much about identity theft, this sort of thing really makes you wonder what the point really is.
You'd think so, wouldn't you. However, you might want to read this story about the Iranian students in 1979.
First three sentences of the fourth paragraph:
This particular story didn't say so but I read elsewhere that the students laid out the shredded documents on the floor of gymnasiums and pieced the documents back together.
We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower