The five biggest myths of identity theft

Myth 1: The number of identity theft victims increases every year. According to the Better Business Bureau cases of identity theft dropped in 2005. “It’s going down, that is in great part due to consumer awareness,” says Katie Mitzner of the BBB.

Myth 2: Seniors are the most likely target of identity thieves. 

Generation X, people ages 25 to 34, are the number one victims of identity theft.

Myth 3: Thieves steal your personal information by using the Internet. 

No, it turns out now that that most identity theft is from information stolen offline. You are actually safer using the internet for your banking than those who do so through the mail.

Myth 4: Most identity thieves are strangers. 

About half of the identity thefts that are reported are from people known to the victim. That includes family members, colleagues, employees or people who pass in and out of your office.

Myth 5: All false credit card charges are identity theft. 

Identity theft is the process of using your information to establish credit in your name. Someone who steals your credit card number and makes false charges is only committing credit card fraud.

Privacy concerns grow over access to social network sites.
Every day, millions of college students spend an average of 18 minutes logged on to Facebook.com, messaging friends or browsing photos from the latest parties.What they may not realize is that they’re not just in the company of friends — but also future employers and university administrators. Through alumni and borrowed e-mail addresses, users can register a Facebook account to screen future job applicants, investigate on- and off-campus crime and gather personal information.