Business Identity Theft Prevention www.IDTheftSecurity.com

18 Feb 2007 · 2 min

Watch on YouTube

1:35

This content was created by Robert Siciliano. This content was uploaded by Robert Siciliano. This is a YouTube video titled "Business Identity Theft Prevention www.IDTheftSecurity.com" (created 2007-02-18). The excerpt is an audio/video segment from the Suzy Orman show about identity theft, presented as a short dialogue between two speakers (a host and a respondent). They discuss the scope and cost of identity theft, the types of personal and financial information thieves use, common ways data is stolen, and a cited example of finding 65,000 credit card numbers on the internet. The content is an informational/awareness piece about identity-theft risks and prevention.

Chapters

Coming up on the Suzy Orman Show. Tonight's entire hour is dedicated to identity theft. Identity theft. It's an enormous problem and growing. It affects more than 10 million people in the US each year. And even more frightening, it can happen to anyone. What information can an identity thief use to ruin your credit? Your name, address, driver's license number, your your Social Security number, mother's maiden name, birthdate. He or she can use financial information like your bank account, credit card, or PIN number. They can get this by stealing credit card applications, checks, or bank statements from your trash or mail. Or they can find or steal your wallet, hack your credit card number from a corporate database, or steal information from a company that holds it. However they get it, they use your good name, and you won't even know it until you're denied credit or sent a bill for something you didn't buy.
This is the only crime that I can think of that you are guilty until proven innocent, and you're the one that has to explain that you didn't commit those crimes that the identity thief committed under your name.
Identity theft cost consumers $50 billion last year alone, and that number is on the rise, thanks in large part to personal information freely available on the internet.
Just this week, I did some searches over the internet. I found a file that gave me access to 65,000 credit card numbers of everyday people who had posted this information on the internet thinking that no one else had access to it.