Four Million UK Users Hit By ID Theft

December 12th, 2006 • Related • Filed Under

Figures released by Sainsbury’s Bank have shown that 4.1 million Britons have fallen foul of identity theft.  The average cost of the theft was £3,039 and six per cent claimed to have lost more than £10,000.

I got stung myself last year.  I suddenly started seeing charges for hotel stays and petrol on my credit card (very weird) and in total my card got ripped off for around £2k.

I think it’s sad that card security is still so poor, both online and offline.  It’s got so bad that I now shred all my personal documents and I don’t use my credit card in restaurants etc unless the waitress processes the transaction in front of me.

Have you been stung recently?

More: vnunet

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Everton is based in London and has worked in the internet and mobile space for over ten years now, and before that worked in corporate strategy and consulting. He has a degree in Economics from Cambridge University, and currently runs the Portal and online operations for one of the largest ISPs in the UK. He also writes for Windows 7 News.

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