Study Gives Insight Into Identity Theft

The Center for Identity Management and Information Protection (CIMIP) has released the first -ever study of closed United States Secret Service cases dealing with identity theft.

Organized group activity took place in 42 percent of the cases, involving 2-45 offenders. In about half of those cases the Internet was used to commit the crime. Just 20 percent of the cases involved non-technological methods for identity theft such as dumpster diving or change of address.

More than a third of the victims were financial institutions such as banks, credit unions and credit card companies. Individuals were victims 34 percent of the time and 59 percent of the victims did not know the offenders. Only 5 percent of the victims were related to the offender.

Study Gives Insight Into Identity Theft | WebProNews