PRIVACY + SECURITY BLOG

News, Developments, and Insights

Is Identity Theft Really Declining?

Identity Theft

A study by Javelin Strategy & Research finds that identity theft declined by 11.5% in 2006: According to the study, 8.4 million adult Americans, or one in 27, learned last year that criminals committed fraud with personal data such as credit card or Social Security numbers. That’s down from 8.9 million in 2005 and 10.1 million in […]

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Verifying Identity: From One Foolish Way to Another

Social Security Numbers

For quite some time, banks and financial institutions have been using people’s Social Security Numbers (SSNs) to verify their identities. Suppose you want to access your bank account to check your balance, change addresses, or close out the account. You call the bank, but how does the bank know it’s really you? For a while, […]

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