Online Identity Theft

Everyday, while the world is in circulation 24/7 with people constantly online, making their 

online purchases, we sometimes forget that there are real cyber criminals out there in the 

shadows monitering our every moves on the computer. We might not be able to identify who 

they are in the real world. So I would like to share this piece of information on 

how to deal with identity theft. This is from the Bank of America website.  Read on.

Research — Identity Theft The past year has been highlighted by a flurry of new research on identity theft.  Most notable is that all the recent studies point to an identity theft epidemic, one  that has been considerably underreported for years. The research also finds that early detection is the key to preventing financial and other losses relating to identity theft. Furthermore, the groundbreaking Federal Trade Commission report reveals that the  majority of identity theft victims discovered the fraud themselves by monitoring their  accounts. As a Bank of America® Privacy Assist® member, you have ongoing access to changes in your credit file that may be an indication of fraud and the assistance of our Identity Theft Recovery Unit should you fid yourself a victim of this growing crime. Federal Trade Commission Identity Theft Survey Report, September 2003 http://www.ftc.gov/os/2003/09/synovatereport.pdf Gartner, Inc, Gartner Says Identity Theft Is Up Nearly 80 Percent; 7 Million U.S. Adults Were Identity Theft Victims in the Past 12 Months, July 2003 http://www3.gartner.com/5_about/press_releases/pr21july2003a.jsp Identity Theft Resource Center Identity Theft: The Aftermath 2003, Summer 2003 http://www.idtheftcenter.org/artman2/publish/lib_survey/Press_Release_-_The_Aftermath_2003_Study.shtml Privacy & American Business Privacy & American Business Survey Finds 33.4 Million Americans Victims of ID Theft; Consumer Out-of-Pocket Expenses Total $1.5 Billion a Year, July 2003 http://www.securitymanagement.com/library/Harris_ID_Theft1103.pdf