Language Selection

English French German Italian Portuguese Spanish

ID theft creates opportunities for data companies

Filed under
Security

For its victims, identity theft means worry, headache and countless time spent restoring bad credit. But for some businesses, the collective fear that consumer identities may be stolen can mean opportunity.

The surge in identity theft, estimated to affect more than 9 million Americans each year at a cost of $50 billion, is spurring credit bureaus and banks to offer credit-monitoring services designed to protect against fraud and guarantee peace of mind.

There is broad consensus that consumers need access to credit information, but many advocates question whether some new services are taking advantage of growing fears.

Some companies that have made headlines by compromising sensitive consumer data in the past are now selling these watch-dog services to their customers.

"Making money on identity theft is a growth industry and it's just not pretty."

Full Story.

More in Tux Machines

Ubuntu MATE 15.04 Vivid Vervet Beta 1 Released, Ubuntu MATE Is Now Official Flavor


ubuntu 15.04 beta released with official release for MATE

Ubuntu 15.04 Vivid Vervet MATE Beta 1 released today with other flavors of Ubuntu like KDE, Xfce, LXDE and GNOME desktop environment. Although, as usual Ubuntu unity has not taken part in Beta release. And first time Ubuntu MATE is an official releaed.
 

Read at LinuxAndUbuntu

Calligra 2.9 Brings Biggest Krita Release and New Kexi Partnership

We are happy to announce the release of final version 2.9 of the Calligra Suite, Calligra Active and the Calligra Office Engine. This version is the result of thousands of changes which provide new features, polishing of the user experience and bug fixes. More