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2006 Identity Theft Losses Total $16.3M
2007 Prospects Looking Bleak
In the wake of the TJX privacy breach
- the largest one ever reported at 46 million credit card and debit
card numbers - North American shoppers are concerned about the willingness,
ability and interest of large organizations to protect their personal
information.
This week's discovery of hundreds of
Rogers phone records littering the streets of Toronto, linking individuals,
their contact information and financial details; has finally applied,
with some urgency, the last nail in the coffin containing the trust,
complacency and apathy of the Canadian public towards all privacy
related matters.
The RCMP processed some 7800 cases
of identity theft last year amounting to $16.3 million in individual
losses. These do not include corporate identity theft and only hint
at the fact that 2007 numbers will be staggering. The public demands
answers and corporations need to hear the questions, find the answers
before ever hoping to credibly produce a solution. 
In the meantime, we have compiled a
concise document containing 30 best practices for individuals (and
companies) to follow to combat identity theft, protect personal
information loss and prevent privacy breaches. You may need to subscribe
to the Informatica newsletter (if you haven't already) to access
it, but it's completely free and fit for sharing or distribution.
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