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Identity Theft: Not As Funny As In The Movies

Tuesday, February 12, 2013 - 10:15 PM
From Bankrate: 
Real life rarely resembles the amusing capers of Hollywood. On the mostly unfunny side of identity theft are devastating financial consequences, including the potential to land a victim in jail.

It can even be life threatening. A recent caller to the Identity Theft Resource Council, or ITRC, related a story of medical identity theft that left him unable to fill his own needed prescriptions.  

... Credit card fraud accounts for the highest number of FTC identity theft complaints, at 20 percent, says Schifferle (an attorney with the division of privacy and identity protection at the Federal Trade Commission).

Other identity theft prevention steps that consumers can take to protect their valuable identifying information can be summed up in a nifty acronym from the Identity Theft Resource Council: SHRED.

Read more

The "S" in SHRED is often-repeated advice:  S: Strengthen passwords online. Don't use the same password on multiple sites.

 
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pearlbrownpearlbrown1,474 posts since
Nov 2, 2010
Rep Points: 6,407
1. Wednesday, February 13, 2013 - 8:26 AM
Following Lou's personal account of identity theft, I searched DA for identity theft-related information. 

51hh had posted the same information (see it here) as this article on 2/8.  I found it on Yahoo Finance on 2/12 with a different name and posted it, unaware it was the same one.   
1
pearlbrownpearlbrown1,474 posts since
Nov 2, 2010
Rep Points: 6,407
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