Wednesday, September 06, 2006
How hard is it to steal an identity?
You can get an idea by looking at the black market price for information a crook can use to impersonate you. That price will have something to do with supply and demand.
The BBC reports that the going rate per ID is 20 pounds sterling in "West Africa". That's about US$40.
The bad news is that identity theft is clearly cheap and easy. The good news is that it makes no sense for a crook to spend more than $40 to perpetrate it.
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The BBC reports that the going rate per ID is 20 pounds sterling in "West Africa". That's about US$40.
The bad news is that identity theft is clearly cheap and easy. The good news is that it makes no sense for a crook to spend more than $40 to perpetrate it.
# posted by Frederick @ 8:34 PM Email to a friend:
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