"Every 79 seconds, a
thief steals someone's identity, opens accounts in the victim's
name and goes on a spending spree."
CBSnews.com |
A recent report on identity
theft warned that there is likely to be "mass victmization"
of consumers within the next two years. The report said consumers
should be extra careful to monitor all their financial transactions
for unexplained account activity, withdrawals, or fund transfers.
The Gartner Group; a technology resource company |
| The July 2000 issue of Consumer Reports cited a study where more than 50% of the credit reports checked
contained errors. There are two main reasons errors may appear on your credit report. One is when you have been mistaken for another person with a similar
name and their information ends up up in your file. The other more serious cause of error
is fraud. Someone may have intentionally gained access to your personal information and obtained
credit in your name. Instances of identity theft are rapidly increasing. |
| Credit card fraud hit 1 in 20 users and identity theft hit 1 in 50 during past year, studies show: One in every 20
consumers has been the victim of credit card fraud in the past 12 months, according to one study conducted
by Gartner, Inc. | According to the FTC's figures, ID theft is the most popular form of consumer fraud,
in part because it is the most profitable. ID thieves stole nearly $100 million from financial institutions last year, or an average of
$6,767 per victim. |
Ask us how you can
protect sensitive client information from getting into the
wrong hands!
Contact Us at sales@acsprotection.com |
Elyria: 440.365.5500
