Thursday, March 11, 2010

Survey: Most Americans concerned about identity theft

It may be no surprise, then, that the majority of citizens are concerned about falling victim. A recent survey commissioned by Recall North America and conducted by Harris Interactive showed that nine out of 10 respondents were at least somewhat concerned, while almost half of these were very concerned about being victimized.

About 86 percent of respondents in the survey said they were concerned about information - like Social Security and driver's license numbers - shared at the doctor's office. Medical identity theft targets an individual's personal and health insurance information to receive free health treatment. It may be one of the most dangerous kinds of fraud because it often alters a victim's health information and may prevent them from getting the care they need.

In addition to altering one's health information, this type of fraud can damage a consumer's credit score, making it more difficult for him or her to obtain loans with favorable interest rates. As more employers look to credit history as a basis for hiring, a poor score can also reduce job opportunities.

Businesses can reduce their risk of being victimized by offering proper training for employees. Installing software to protect against viruses used by scammers and updating passwords frequently may also eliminate some risk associated with identity theft. Information management providers can help businesses safely store and destroy documents.

"Businesses, specifically medical and legal offices, have the responsibility to securely manage and protect their client's confidential information," Mark Wesley, president of Recall North America, said.

Individuals can follow some of the same measures. By installing antivirus software they may be able to detect and remove malware used by scammers to trace their keystrokes. Shredding personal documents and stopping pre-approved credit card offers can also eliminate risks.

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