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Security Fix: When Online Crooks Advertise

gregh  2006-08-16 14:30       

When Online Crooks Advertise:

Just how big is this cyber crime problem? Grasso said the FBI estimates that cyber crime cost the United States alone more than $67 billion last year. That means online criminal gangs like Carderplanet are carting off about $183 million worth of stolen U.S. goods, services and identities each day, or about $7.5 million every hour.

And yet, the government seems perfectly content to let the problem grow.

We don't have meaningful action to prevent identity theft. There's no comprehensive legislation that helps those who are victims to recover. There are no penalties for those who irresponsibly manage identity information.

What's the government's response? Things like Real ID, which will only worsen the problem, and NIEM, which aims to make it easier for identity information to be exchanged between government agencies and private industry.

Hang on to your hats. And maybe they should be made out of tinfoil.

Hey, just FIX the problem,
James Welcher (not verified)  2006-08-20 18:46   

Hey, just FIX the problem, ok Law Boy?


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