Experian claim online identity theft is up by 300%

July 18, 2012

UK credit-checking company Experian has released a report which claims that online identity theft is up 300% on 2010. Be aware this is identity theft, which isn’t the same as identity fraud. Identity theft is where a fraudster collects the information but doesn’t do anything with it.

Identity fraud is where the fraudster uses the information to actually commit a fraudulent offence i.e. take out a credit credit card or loan in your good name. The media still doesn’t understand the difference between theft and fraud. This is a big fail by the media. As for Experian’s report – they claimed that fraudsters exchanged 12 million pieces of personal online information in the first quarter of 2012. Identity fraud victims are normally unaware that credit cards or mobile phone contracts have been taken out in their good name. The first they know about it is when the bill arrives in the post. Read more...

Recommended From Hakin9

Security firm RSA Security breached

Security firm RSA Security breached

RSA Security is one of the biggest players in the enterprise security landscape, featuring....

Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments
© HAKIN9 MEDIA SP. Z O.O. SP. K. 2023
What certifications or qualifications do you hold?
Max. file size: 150 MB.

What level of experience should the ideal candidate have?
What certifications or qualifications are preferred?

Download Free eBook

Step 1 of 4


We’re committed to your privacy. Hakin9 uses the information you provide to us to contact you about our relevant content, products, and services. You may unsubscribe from these communications at any time. For more information, check out our Privacy Policy.