Identity thieves likely to be first timers, strangers
Identity thieves likely to be first timers, strangers
Identity theft has become the financial crime of the 21st century. The crime has made up approximately a third of all complaints the largest proportion to the U.S. Federal Trade Commission and other government agencies since 2004. The U.S. Secret Service has cracked down on a number of identity fraud rings this year, including the arrest of former security consult Max Ray "Max Vision" Butler in September.
Gordon and his colleagues used a strict definition of identity theft, requiring that the criminal assume a person's identity to classify the crime as identity theft. The hack of retail giant TJX Companies' transaction processing servers, which led to the leak of 46.5 million credit- and debit-card accounts and massive fraud, did not necessarily lead to identity theft, for example.Identity thieves likely to be first-timers, strangers
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