Tuesday, April 8, 2008

Identities become a commodity

Although this article had the usual fluff expected from a snake-oil anti-virus vendor, there was this interesting tidbit. Apparently the price of a stolen identity isn't what it used to be. This means that either the market is flooded with them, or that you can't use them like you used to. In the earlier days, you could take a stolen identity to a sleazy loan broker, and then they would attach the bad credit (in a sleazy credit rating) to the real person. You would spend a lot of effort to clear your name!

Now, everybody expects the identity to be stolen, so it's not worth as much. And who's to know if that 'package' you bought has real names that haven't been used before? It's not as though these guys are honest!

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