Where great minds meet Honeycomb Connect
Home | My Cell | Help | Contact Us
Select Hive/Cell
Banking Information Technology (B.I.T.)
December 14, 2017  
Banking Information Technology (B.I.T.)
Banking Information Technology Home
Newsroom
BIT Executive Member Profiles
BIT- Solution Exchange Gallery
About Honeycomb Connect
About B.I.T.
Membership Benefits
Sponsorship Benefits
Contact Us
Banking Information Technology HomeNewsroomExecutive Reports
Putting an End to Account-Hijacking Identity Theft
December 14, 2004
...back to list

Identity theft is one of the fastest growing types of consumer fraud. The Federal Trade Commission (FTC) has estimated that, during 2003, almost ten million Americans discovered they were the victims of identity theft, with a total cost to businesses and consumers of over $50 billion. This study focuses on a subset of identity theft that is of particular concern to financial institutions insured by the FDIC and to the institutions' customers: unauthorized access to and misuse of existing asset accounts primarily through phishing and hacking, hereinafter referred to as “account hijacking.”

To access the full report click here.

 
Printer-friendly version
E-mail this to a friend
Comment on this story
...back to list
Member Site Tour
User Name:

Password:


Forgot password?
My Cell | Help | Contact Us Privacy Policy | Legal disclaimers
Copyright © Honeycomb Connect