Slashdot Mirror
Identity Theft Skeptic Ends Up As Fraud Victim
An anonymous reader writes "British TV host Jeremy Clarkson recently wrote a newspaper editorial ridiculing the uproar that had occurred after the British government admitted to losing two compact discs containing the personal information on 25 million people. To support his claim about the overhyped risks of identity theft, he published his bank account information in the article. Proving that some identity thieves have a sense of humor, a week later, he found out that someone had set up an automatic bank transfer for $1000 to a diabetes charity from his account. This comes less than a year after the CEO of LifeLock, an identity theft protection company which publishes the CEO's social security number on its website, himself was a victim of financial fraud. Back in July of 2007, a man in Texas was able to secure a $500 loan from a payday loan company using the CEO's widely publicized SSN. Will this latest incident finally prove that identity theft is real, and that publishing your own financial info is an invitation for fraud?"
It seems like making people paranoid about protecting their personal data is the wrong way to attack the problem, especially given the significant chance that whatever they do, some 3rd party will release that data and put them at risk.
Instead, we should remove the incentive for identity theft and make it MUCH more onerous and difficult to get anything worthwhile out of stolen financial data.
Plus, it'd be nice to not get those 10-15 credit card offers a week in the mail.
If a crime bas been committed the police have good reason to seek to have privacy doors opened - perhaps with the oversight/approval of a judge. Recent UK legislation is giving civil servants wide investigation powers - without judicial oversight.
This smacks of an excuse.