securedcreditcardsonline.com » Identity Theft http://securedcreditcardsonline.com Thu, 01 Sep 2011 12:53:09 +0000 en hourly 1 http://wordpress.org/?v= What is An Identity Theft Insurance Policy? http://securedcreditcardsonline.com/what-is-an-identity-theft-insurance-policy/ http://securedcreditcardsonline.com/what-is-an-identity-theft-insurance-policy/#comments Fri, 16 Jul 2010 08:33:25 +0000 scco-admin http://securedcreditcardsonline.com/?p=205 A report by the Federal Trade Commission reveals that in 2005, about 8.3 million people in the US have been victims of identity theft.  Of the cases reported, about half resulted to about $500 in damages while 10% has caused $6,000 worth of damages.  Apparently, along with the improvement of technology, cases of identity theft continue to increase more than ever.  In fact, identity thieves have come up with new and more efficient tactics of stealing precious information from unsuspecting victims.

For instance, “skimming” or the use of a small “skimming device” to steal credit card information in just one swipe is now a common incident particularly in restaurants.  When you hand over your credit card to the waiter, your credit card details can be instantly stolen from you without your slightest hint or knowledge.

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