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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Skywatcher who wrote (34084)6/7/2005 4:41:02 PM
From: patron_anejo_por_favor  Read Replies (2) of 110194
 
>> didn't blame the bank or UPS...but the fact is...there are so many damn holes in the system ready to be attacked that there is little real security<<

There was a guy on CNN last night (Frank Abignail, an expert in identity theft) who said much the same thing. He said the only real protection you have is to use a credit monitoring service that will notify you in real time if your credit is being accessed. He said that it's virtually impossible to defend your identity because so much of the information is in the public domain (although thefts of large amount of information, as with the Citigroup fiasco doubtless makes it much easier for the crooks).
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