Credit Card Fraud Prevention for Merchants

22 Aug

Why Identity Theft is such a problem!

If you are one of those that wonders why Identity Theft has become such a problem, wonder no more. Here’s just a few reports from one week. The total – almost 2.5 Million!

Insider possibly compromises 2,000,000 records, including Social Security numbers, of mortgage applicants: “Countrywide Financial Corp. data loss circa 2008/08/02″

15,000 notified about lost flash drive containing names, addresses, credit card numbers and Social Security numbers: “Arapahoe Community College data loss circa 2008/08/04″

Personal and financial information of 380,000 on stolen laptop: “Ireland Department of Social and Family Affairs data loss circa 2008/08/11″

Names, Social Security numbers, and dates of birth of 92,095 on hacked server: “Dominion Enterprises / InterActive Financial Marketing Group (IFMG) data loss circa 2008/08/18″

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3 Responses to “Why Identity Theft is such a problem!”

  1. 1
    David D Says:

    Link for countrywide article is busted. Here's a working one:

    http://blog.absolute.com/countrywide-financial-insider-breaches-2-million/

  2. 2
    Tom Mahoney Says:

    Well heck - they're all busted now. I'll get them fixed. Thanks David!

  3. 3
    Tom Mahoney Says:

    All better.

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