Report shows connection between increase in ID theft to rise in smarthphone use
Tweeting your personal information is not just annoying. It’s risky.
An annual Identity Fraud Report from Javelin Strategy & Research shows that there was a 13-percent increase in the number of identity fraud incidents since last year's study, according to The Consumerist.
The report also found that 7 percent of smartphone owners were victims of ID fraud, which is significantly higher than the normal rate.
Javelin said the uptick in fraud cases among smartphone owners is due to the 62 percent of users who said they don’t use a password or code on the home screens of their phones, and 32 percent said they save login information on their devices.
Another factor is the 68 percent whose public profiles on social networks contain a basic birthday, which is simply a day and month. Another 45 percent include the year.
Students are also putting themselves at risk, with 63 percent including their high school name on their social network.
- Asian stocks mixed as markets await Brexit...
- Stocks, pound fall again due to UK vote...
- US economy grew at slightly faster 1.1...
- 'Avatar' mobile game landing ahead of film...
- US home prices climb in April; 7 cities set...
- Volkswagen settles emissions-cheating cases...
- How Amazon's Dash buttons can thwart smart...
- Costco begins new credit card agreement
- Stocks, pound fall again due to UK vote... 8
- Costco begins new credit card agreement 5
- Gap between Salt Lake renters, owners... 3
- Volkswagen settles emissions-cheating... 3
- Allegiant Air adding flights from Provo... 3
- Tesla wants to be the ultimate... 2
- Millennials are sparking the next... 2
- Dave Ramsey: Navigating the line... 2