According to the Federal Trade Commission and the Federal Bureau of Investigations, “Laptop theft is the second most common computer crime and less than 2 percent of those stolen laptops are ever recovered. Four in five (81%) of US firms have had at least one laptop stolen containing sensitive information according to a recent study.” According to Paul Stevens, Director of Policy and Advocacy with Privacy Rights Clearinghouse (a private advocacy group) there have been approximately 217 million records stolen in the past three years, 2005-2008.
Federal Trade Commission
In August 2006, the Veteran’s Administration contacted approximately 16,000 individuals regarding a theft of computer equipment containing veteran;s benefits information. In another instance over 26.5 million social security numbers were stolen when a federal employee’s laptop computer was stolen. How did this information get stolen? Wasn’t it protected by the government somehow?
Equifax 3-in-1 credit monitoring has some nice options, including the identity theft insurance policy as well as the ability to customize your alerts. Although it’s not really clear if 3-in-1 monitoring, through Equifax or anyone else, will really provide complete access to all three credit reports, or an actual protection against Identity Theft. But this monitoring does offer the convenience of having all your credit monitoring, disputes, and insurance products in one package.
We often hear of the incidences of children being approached by a sexual predator online, but what about credit predators? Is there a chance that this information can be harmful?
The answer is a resounding Yes! According to the Federal Trade Commission over half a million children were victims of identity theft in 2005…
When you become a victim of Identity Theft, there are two basic paths you can choose to take. Work hard to try and restore your identity yourself, or have a company that does actual restoration take over the Identity theft restoration for you. I have talked before about the only solution I feel is a …