Identity theft scams rocket by 330% as users prove vulnerable

news alert

London, UK - 5 April 2004, 17:30 GMT - As the number of major identity theft - "Phishing" - scams targeting the clients of financial institutions, ISPs and multi-nationals in Europe, North America and Australasia cross 184 in Q1 2004, and now exceed the 171 phishing incidents recorded throughout 2003, the identity theft problem is estimated to be growing at 330% on an annualised basis by the mi2g Intelligence Unit, the world leader in digital risk. The primary victims are unsuspecting home users.


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