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Survey Indicates ID Theft May Be Diminishing
netbuzz passed us a link discussing a survey conducted by major credit firms. Keeping in mind the source (CheckFree, Visa, and WellsFargo), the results indicate identity theft may be on the downswing as consumers wise up to scammers. The number of respondents that reported a fraudulent account created with a stolen identity dropped by a full half percentage point between 2005 and 2006. Overall fraud apparently dropped by some 12% over last year, representing $6.4 billion in fraud reduction. Again, consider the source: identity fraud is still apparently costing some $49.3 billion annually.
why shouldn't it be winding down, anybody whose social security number or bank card ID is not compromised, please post it.... ;)
if this is supposed to be a new economy, how come they still want my old fashioned money?
I called up my credit card company a couple months ago to report some fraudulent transactions on my statement. They informed me that since identity theft is declining, they don't believe me, and so they were rejecting my claim that I was a victim of identity theft.
... well, maybe that could be the source of their figured?
now we need to go OSS in diesel cars