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The Government Accountability Office, GAO, released on Thursday July 5 a comprehensive 50 page report titled: “Data Breaches are Frequent, but Evidence of Resulting Identity Theft Is Limited; However The Full Extent is Unknown.” Unfortunately, most headlines covering the content of the report gave the wrong impression that Data Breaches do not result in increased risk of Identity Theft. Many such headlines totally ignored the last part of the report title: “…However The Full Extent is Unknown.” Many seem to have forgotten to ask themselves: if a criminal is not interested in using the data acquired through a data breach, then why commit such illegal activity in the first place?

The fact that the GAO itself admitted in the title that “The Full Extent is Unknown,” means that the report is inconclusive. If the report is inconclusive, then More…

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This entry was posted on Tuesday, July 10th, 2007 at 7:06 am and is filed under Identity Theft Protection, Credit Lock, Credit Freeze, Credit Monitoring, Credit Reports, Identity Theft, business, identity fraud, crime, security, privacy policies, security freeze, government, credit report, GAO. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.