Wednesday, July 6, 2005

Sources of Credit Card Theft -- 10:20 pm CST, Update by A.T. Hun

The term "identity theft" is being thrown around way too much for my liking these days, especially when it's just used to mean that someone stole a credit card number. That's not really identity theft, it's number theft. I digress. A company called Javelin Strategy and Research listed the ways you are most likely to have your credit card stolen. It's far more likely to happen by "normal" means (stolen wallet, etc.) than by crackers or spyware. Actually, you are about as likely to have someone steal it by going through your garbage as you are by phishing or cracking. I've always thought it was funny that people won't buy something online from a reputable dealer with 128-bit encryption, but they will gladly hand their credit card to a waitress making $4 an hour. Thanks Blue's News.

News for 07/06/2005

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