Data Breaches Rarely Lead To Identity Theft

from the hype-and-reality dept

Earlier this year, it seemed like you could hardly go a day or two without hearing about yet another data leak by some company or another and how everyone's data was at risk. Of course, now some are beginning to realize that very few of those data leaks actually resulted in identity theft scams. Of course, that shouldn't necessarily make anyone feel better about them. It could just mean that so much private data about people is available that your chances of being "picked" are much slimmer. Safety thanks to the ubiquity of available information just isn't that comforting.
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  1. identicon
    Pete Austin, 24 Oct 2005 @ 6:55am

    Your Accounts have been Compromised!

    "In 2003, 10 million U.S. residents were the victim of ID theft, according to the FTC ... Of all data compromises, only about 2 percent of the accounts that are compromised are ever used fraudulently," said Rosetta Jones" - Original CNET Story "According to the U.S. Bureau of the Census, the resident population of the United States... is 297,499,005" - US PopClock.

    Doing the math, the accounts of the average US citizen are compromised 1 or 2 times per year.

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