Survey Finds Up To 44 Million In U.S. May Be Victims Of ID Crime|
The number of Americans who've been victims of identity-related crimes could be as high as 44 million, according to a survey released Wednesday by Deloitte & Touche LLP and the Center for Social and Legal Research. A similar survey conducted two years ago found that 35 million Americans may have been victims.
The survey of 2,322 adults was taken in early May. Twenty percent of those surveyed said they've been victims of ID theft. When extrapolated across the entire U.S. population, the results suggest that 44 million may have been victims.
The survey found a growing awareness of ID-related crimes among the public; 87% of respondents said they've read or heard about consumer data being stolen or disclosed in error. Such stories have dominated the headlines in recent weeks; the latest and potentially the largest was a security breach at CardSystems Solutions Inc. that exposed more than 40 million payment card accounts to theft.
A class-action suit has been filed in California against CardSystems, Visa, and MasterCard seeking a declaration that CardSystems violated due standards of care in its data-security methods and that the card companies failed to provide timely notice of the nature and extent to which credit-card data was compromised.
According to the lawsuit, CardSystems had been alerted "by other entities" late last year that consumer data had been exposed and failed to take prompt remedial action or notify consumers. The suit alleges that CardSystems violated Visa and MasterCard rules against storing consumer information and also violated the Payment Card Industry Data Security standard by improperly storing credit-card and transaction data, failing to maintain a firewall, failing to restrict access to its computers, and failing to encrypt cardholder data.
The suit charges that MasterCard was remiss in not publicly disclosing the breach until June 17, even though it had been informed by CardSystems of the breach in May and had traced fraudulent incidents back to CardSystems in April.
Yahoo Adds Sharing To Personalized Search |
Yahoo Inc. has released in beta an upgrade of its personalized search service that focuses on delivering more relevant results through online communities of people with similar interests.
Report on Growth in Wireless Handheld Market Flawed?
Worldwide wireless PDA shipments totaled 3.4 million units in the first quarter, according to a new report from Gartner. That's a 25 percent increase compared with the same period last year. Gartner principal analyst Todd Kort attributes much of the growth to the increased popularity of wireless e-mail, which drives users toward larger displays and keyboards that can be operated using both hands.
PalmSource Clarifies Linux Roadmap, Signs Big Vendor
Device platform vendor PalmSource this week clarified its Linux roadmap and said that it has signed an unnamed but major handset vendor to a license.
EBay Bidder Pays $351,100 For Lunch With Warren Buffett
A bidder on EBay Inc. has won a power lunch with billionaire investor Warren Buffett for $351,100.
XM Satellite Radio Reports Big Jump In Subscribers
XM Satellite Radio Holdings Inc. on Friday said it added more than 640,000 subscribers in the second quarter, upping its total to 4.4 million.
HP Starts Selling The iPod Shuffle
Hewlett-Packard Co. on Friday started selling the iPod Shuffle, the low-end version of Apple Computer Inc.'s popular digital music player.
Microsoft Confirms IE Security Flaw
Microsoft Corp. has confirmed a security hole in Internet Explorer that could allow an attacker to take control of a person's PC.
Compal Reportedly Set To Make, Design Motorola 3G Phones
LONDON — Taiwan's Compal Electronics Inc. has received contract orders for third-generation (3G) mobile phone handsets from Motorola Inc. according to a China Economic News Service report, which cited Hsu Sheng-hsiung, chairman of the Kinpo-Compal Group, as its source.
British Council Gains Control Over Web Content
The British Council, a government-backed agency dedicated to connecting people around the world with educational opportunities in the United Kingdom, provides a textbook example of how centralizing content management can reduce Web site operating costs.
T-Mobile Endures Upgrade Challenge, Reports Of Possible Sale
T-Mobile is facing the daunting task of moving to 3G technology, a process that some observers say could cost as much as $10 billion. Meanwhile, the company is battling reports Tuesday that it could go on the auction block.