Digitial
technology has made identity theft easier, bigger and faster.
In this digital world, more and more information is being
digitized. This makes it easier to find the information but
also makes it easier for criminals. Modern thieves are using
massive digitized databases to access and steal consumers'
personal information.
It is more than certain that your identity records have become
digitized and stored in some corporate computers. The records
contain social security numbers, medical claims histories,
credit card numbers and other private information. With the
growing ubiquity of digital data and of computers and devices
that transmit or store such data, the criminals can gain access
to identifying data with remarkable ease and use that data
to defraud financial institutions and businesses.
A victim may even be unaware that his or her personal information
is being stored in a particular data warehouse and, of course,
has no power to ensure that information is protected thoroughly
from hackers who steal identities
Every day, criminals are realizing that crime is getting
easier than the day before because corporations are going
digital. Most credit card thieves concentrate on raiding databases
maintained by merchants, financial firms, and credit reporting
services.
As long as companies continue to warehouse information, consumers
are sitting ducks for identity theft. This is not a case of
people being careless about their passwords or documents or
the security of their PCs. But the weak link in the chain
of authorizations, authentications, passwords, access controls
and data warehouse administrations will keep consumers on
the verge of identity theft crimes. You can't prevent this
kind of theft however careful you are with your personal information.
Data security is something we all need to take seriously
and the corporate breaches are dramatic illustrations of how
important it has become to check your credit report regularly.
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