Study: ID fraud in decline

Friday, 2 February 2007, 1:38 PM EST

Despite high-profile data breaches, identity fraud may be on the decline, according to a study released on Thursday.

The study, based on 5,000 telephone interviews, found that identity fraud has dropped about 12 percent within the sample set, which translates to an overall drop of some $6.4 billion in costs from the crime, according to Javelin Strategy & Research, the analyst firm that conducts the study every year.

At SecurityFocus.

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