RealNews

Data Breaches Yield Few ID Thefts

Contrary to popular perception, computer data breaches are less likely to result in identity theft and other fraud compared with off-line incidents such as lost or stolen wallets and checkbooks. That was the finding of a 12-month study of about 5,000 U.S. consumers by Pleasanton, Calif.-based analyst firm Javelin Strategy & Research. Javelin’s study showed that despite the hype, data breaches were responsible for just 6% of all known cases of identity theft, compared with 30% from incidents like losing one’s wallet. Full Story

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