Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Computer identity theft has become very real in 2005

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December 29, 2005

Computer identity theft has become very real in 2005

Identity theft involving computers, both personal and corporate, and related hardware like hard dives and tapes has flourished in 2005. According to USA Today, there have been 130 reported computer related security breaches. Total of more than 55 million Americans are exposed to potential identity theft. Here are the latest breaches:

On Wednesday, the 26, backup computer tapes disappeared from an Orlando office which belongs to the time-share unit of Marriott. 206,000 employees and customers personal data that includes names, Social Security numbers, credit card numbers can be compromised.

Last week, 70,000 current and former employees of Ford Motor Co were told that a computer with data, including Social Security numbers, was stolen from a company office.

On December 16, ABN Amro Mortgage Group said a tape containing data for about 2 million customers was lost as it was being transported by DHL. The tape was later found in Ohio. To rectify this blunder, ABN Amro offered all 2 million customers a free credit monitoring.

Sam's Club announced around December 2, that at least 600 credit card holders who bought gas at its fuel stations may have been affected by fraud. It is being investigated.

See more stories on Wachovia warning in Florida, CardSystems fiasco and USB memory chips.

 
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