| FTC releases 2006 data |
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The FTC has released their 2006 data on identity theft. They report 670,000 complaints of identity theft in 2006, their number one complaint. Consumers reported losses of $1.1 billion with a median report of $500.
Of the reports, 25% were for credit card fraud which isn't identity theft by definition but always seems to make it into the FTC reports.
If you like pretty charts we highly recommend this report to cheer up a gloomy winter day.
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| Identity theft risk greatest in major cities |
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ID Analytics, a company that provides fraud intelligence services to businesses, has analyzed the data for identity theft and confirmed the assumption that people living in cities are at a greater risk for identity theft.
New York, Detroit and Los Angeles have the highest risk while the residents of Wyoming have the lowest. Other states with a lot of open space and low identity theft are Montana and Vermont.
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| Will they ever learn |
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In case you missed it, the VA has lost another laptop with another 1.8 million names and personal data. In response Veterans Affairs Secretary Jim Nicholson has suspended activities at seven specialized research centers.
As a wise man once told me: Once is a mistake. Twice is just stupid. It is time to lock all computers to their desks if they aren't smart enough to leave private data on protected systems.
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