FTC: ID theft on the rise

Friday, 23 January 2004, 8:53 AM EST

The Federal Trade Commission said it received more than half-a-million consumer complaints in 2003, as scam artists financed their spending sprees with other people's credit cards and hucksters sold nonexistent products through online auction sites like eBay.

Identity theft--the practice of running up bills or committing crimes in someone else's name--topped the list of complaints with 215,000 reports, up 33 percent from the previous year.

Internet-related fraud accounted for more than half of the remaining complaints, as scammers found victims through Web sites, or spam e-mail, according to the FTC report. Auction fraud was the most prevalent form of Internet scam, the FTC said, followed by complaints about e-commerce and Internet access services.

By Reuters at CNET.

[ Read more ]

Related items




Spotlight

Chrome extension thwarts user profiling based on typing behavior

Infosec consultant Paul Moore came up with a working solution to thwart a type of behavioral profiling. The result is a Chrome extension called Keyboard Privacy, which prevents profiling of users by the way they type by randomizing the rate at which characters reach the DOM.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Wed, Jul 29th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //