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Posted

Seems like this article I wrote is timely for this thread:

http://www.neowin.net/news/high-tech-identity-theft-is-less-common-than-you-think

 

Interestingly, only ~300 people get arrested for identity theft every year -- and 12 million people are affected -- so these two in the story Jack posted really are the dumb ones... :)

 

Also interesting - your medical insurance card is worth $50 on the black market, while your credit card number is only worth $5. Probably because fraud detection is really good on credit cards nowadays.

Posted

Also interesting - your medical insurance card is worth $50 on the black market, while your credit card number is only worth $5. Probably because fraud detection is really good on credit cards nowadays.

 

And because credit card companies cancel cards which have high chance of fraud being done on them (no explanation to customer what causes them to be risky including internal unauthorized access) and force consumers to get a new number without notifying them ahead of time. Good for credit card companies but bad if you have numerous automatic payments scheduled for card or try to use it before being notified.

Posted

i have always carried my social security card in my wallet! i never knew otherwise

 

Seems like this article I wrote is timely for this thread:

http://www.neowin.ne...-than-you-think

 

Interestingly, only ~300 people get arrested for identity theft every year -- and 12 million people are affected -- so these two in the story Jack posted really are the dumb ones... :)

 

Also interesting - your medical insurance card is worth $50 on the black market, while your credit card number is only worth $5. Probably because fraud detection is really good on credit cards nowadays.

Posted

i have always carried my social security card in my wallet! i never knew otherwise

Glad I could help. :)

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