The article discusses card skimming, a method of identity theft in which credit and debit card data from the card's magnetic strip are copied by devices known as skimmers.
The article discusses identity theft, with information on how to prevent it. Topics include creating a variety of secure passwords for e-mail, bank accounts, and social media, reviewing credit reports, financial statements, and medical bills, and notifying credit agencies and law enforcement in the event of suspicious activity.
"Identity theft."Investors Business Daily 13 Dec. 2013: A02. Business Source Complete. Web.
Identity theft resulted in $24.7 bil in fin'l losses last year and affected 16.6 mil Americans, the Justice Dept. said. Among identity theft victims, two-thirds suffered a fin'l loss that averaged $1,769. A majority of victims resolved associated problems within a day, while 10% needed more than a month.
Suggests ways to combat identity theft in U.S. campuses. Different methods used for getting personal information from campus community members. Approaches that students, faculty and staff can use to reduce risk of identity theft. Impact of identity theft crime on victims.
The article talks about identity fraud which has victimized 12.6 million adults in the U.S. in 2012. The U.S. Federal Trade Commission revealed that 18 percent of 2 million-plus complaints in 2013 were related to identity theft whose consequences also affect the U.S. government.