Identity thieves are becoming Professionals; because it is a lucrative profession. Less than 5% of all the criminals are truely punished, making it an atractive venture.
Many real estate-based schemes have been reported nationwide last year. This trend moves into 2009 with more sophisticated schemes, such as those involving bogus mortgage-rescue outfits that target homeowners facing foreclosure.
Economic crimes are increasing as the economy continues to falter, giving ID thieves more opportunities.
The combined effects of a down economy, unemployed people struggling financially, and homeowners facing foreclosure lends for people becomig vulnerable to this crime.
The Identity Theft Resource Center (ITRC) report predicts an increase in schemes that attempt to trick unemployed people into giving out sensitive information with the promise of a job.
Also, as companies reduce staff to cut expenses, some disgruntled employees — including those who work in information-technology fields — may turn against former employers and hack information for profit.
As of December 2008, 638 confirmed data breaches had been reported, compared with 446 in 2007, according to the ITRC.
Other concerns include:
Credit cards: Consumers with poor or no credit may become a target of fraudulent deals that offer a credit card regardless of credit history, and schemes promising to consolidate credit card debt or to renegotiate interest rates. Also, a fraudulent technique known as "skimming" — a duplicate scanning of credit cards or debit cards that are later used by thieves — will become increasingly common.
Check fraud: As credit becomes less available to consumers, identity thieves may carry out more check fraud schemes by using stolen checks or using checks thrown into the trash by unsuspecting consumers.
Cyber crime: Experts said the Internet would continue to be ID thieves' favorite playground. Cyberspace is now used to transport and sell large amounts of stolen personal information, including stolen credit card numbers.
Don't loose sight of the other forms of Identity Theft;
Social Security Identity Theft
DVM or MVD Identity Theft
Medical Identity Theft
Character / Criminal Identity Theft
Allow us to help, all you need to do is ASK.