Then Why Bother Protecting Your Identity?

Why not just give it all away, open source, public domain everything…

Rather shockingly a new investigation has discovered that it’s now possible to purchase a complete identity online for as little as £80, with individual items going for just £5 a piece.

For this meager sum a would-be fraudster could expect to receive details of an individual’s full name, address, passport and driving licence numbers. In addition, highly sensitive financial information such as credit card numbers, online banking passwords and even the data that would enable them to clone the magnetic strip of an existing credit card would be included in the price.

Taken together this information could enable a fraudster to reap over £14,500 from an adult on an ‘average salary’ per fraud attempt, according to the report published by Get Safe Online.


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2 Comments

  1. speedbird
    Posted November 18, 2008 at 4:16 am | Permalink

    The word is ‘identification’. ‘Identity’ is something else.

  2. Bret
    Posted November 18, 2008 at 8:19 am | Permalink

    Bomb shelters and running to the grocery store when there is a snow storm coming… what’s next? Stocking up on canned goods… easy chicken little.

One Trackback

  1. By What’s a Twitter account worth? - [tmbchr]â„¢ on November 27, 2008 at 2:27 am

    [...] If I’m not allowed to delete my Twitter account, then I’m thinking about auctioning off the password. What is such a thing worth in an economy where a complete real human legal identity is only worth about 80 pounds sterling? Who wants to start the bidding? Everything about me must go! [...]

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