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In identity theft, it's not just about who you know

posted onNovember 18, 2007
by hitbsecnews

Major identity thieves obtain the personal information they crave from retailers, financial companies and other businesses about half the time, a recent study suggests, undercutting a common perception that potential victims should worry most about being scammed by people they know.

The federally funded study paints a complex portrait of the signature crime of the digital age, one that has been the top consumer-fraud complaint to federal authorities for six consecutive years. Of more than 500 offenders arrested by the U.S. Secret Service between 2000 and 2006, just 8 percent were related to or socially acquainted with victims whose sensitive data were used to write checks, take out loans or buy cars.

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