The growing threat of identity theft

The statistics are scary: there are 81,000 known computer viruses and 500 new viruses detected each month. Two billion spam email messages are sent each day and 27% have a hidden Customer ID to determine if they have been opened (and by whom). Last year the cost to business of spam more than doubled to US$20 billion in the United States alone. Identity theft occurrences grew 79% last year and the cost of identity theft to US corporations over the last five years has been estimated by the US Federal Trade Commission at US$60 billion. Now a survey has found that 28% of adults cannot accurately identify Phishing Email Scams, the most likely way identity can be stolen.

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