[Fredslist] 2010 Identity Theft Trends

[Ester Horowitz]

>From the experts in ID Theft is the following Nine predictions for the next
2 years

 

2010 Identity Theft Trends

 

.         Criminals will take advantage of increasing unemployment rates by
tricking desperate people searching for job listings. These fake job
listings and work-at-home scams will eventually end with the job seeker
providing Social Security Numbers (SSNs) to criminals.

 

.         Increase in the number of individuals - who have no criminal
history - begin to explore the crime of identity theft for financial gain.
Once desperate people max out their credit limits and wreck their own credit
histories; they will start to use Social Security Numbers that they can
easily access.

 

.         Increase in stealing credit card numbers, dumpster diving, making
phone calls, or phishing for credit card numbers. These techniques may also
include placing ads in auctions and Craigslist for phantom products for sale
to get either credit card numbers or cash.

 

.         Increase in child identity theft and "all-in-the-family" cases, as
well as the fraudulent use of numbers belonging to close friends, roommates
and fellow workers.  Currently 10% of ID theft now involves children, 50%
involves someone you know, and 40% involves cyberspace.

 

.         High COBRA premiums, growing individual medical insurance costs,
or the inability to afford insurance or medical care, will cause a spike
identity theft

 

 

.         Increase in insider theft due to the failure to follow simple
security protocols in the workplace. Thieves can gain access to personal
identifying information retained in databases or paper files. Additionally,
the lack of computer security measures and the increasing skill levels of
hackers will lead to larger and more financially harmful breaches.

 

.         Increase in governmental identity theft as more people apply for
assistance and/or benefits. Not only will their own SSNs be used, but they
may be temporarily denied benefits due to the use of their child's SSN which
has been used fraudulently. "Governmental Identity Theft", may be associated
with complications with the IRS, Social Security Administration, Departments
of Motor Vehicles, Medicare and Welfare. 

 

.         Increase in criminal identity theft. The effects of criminal
identity theft on the victims will be more apparent with the loss of
employment, loss of benefits and the increased number of arrests of victims
ranging from failure to appear warrants for traffic citations all the way to
felony level crimes. Criminals will continue to exploit the weaknesses of
the current system and revictimize the individual whose information has been
used."

 

.         Increase in identity theft involving social media. It happens when
someone hacks an account via phishing, creates infected short URLs or
creates a page using photos and the victims identifying information.  Lacks
security will expose not only the individual but all they connect to.

 

 

Your good name is the only thing you and your family really own. 

 

 

Warmest Regards

Ester Horowitz

Certified Management Counselor

Certified Identity Theft Risk Mgmt Specialist 

 

Temporary website

 <http://mysite.verizon.net/m2powerinc> http://mysite.verizon.net/m2powerinc

516 409-0849

888 609-6828

 

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-George Bernard Shaw-

 

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