06/10/2007

Identitty theft is the least of our concerns

There's been a lot of ink on the subject of identity theft. The real, bigger, problem is identity fraud.

Check out Identity Theft = the tip. Identity Fraud = the iceberg.

"A growing number of organizations are starting to realize that by resolving identity fraud – at the point of sale/return and even internally by looking closely at potential employees – they can head off a major source of risk and the resulting losses. To businesses, minimizing those losses can add up to 2% to the top line. And, of course to the government it can mean saving countless lives."