National #fraud authority reports £2.7bn cost of #identity crimes #digitalfootprint


What is interesting about this story is how criminals obtain your data - mostly from physical evidence (aka Erasing David)  and when you look at the advice below it has the same.  However this also relates to my suggestion of New Social Rules for engaging in a digital world - worth reflecting on rules 1, 4, 7, 9, 16, 26 and 30

New figures from the National Fraud Authority [NFA] estimate that every year in the UK identity fraud costs more than £2.7billion and affects over 1.8million people. [18 October 2010]

At least £1.9billion of this is the amount gained by the fraudster. That means that on average, fraudsters gain over £1,000 from every stolen identity. Stolen identities are used by fraudsters to obtain a wide variety of goods, services and benefits in the victims' name; to fraudulently open bank accounts and to commit other frauds. Criminals also use false or stolen identities to help them commit a wide range of crimes, from evading detection by law enforcement to enabling people trafficking and terrorism.

These figures come from the first ever UK ID Crime Strategic Threat Assessment which was completed by the NFA in conjunction with the National Fraud Intelligence Bureau. The £2.7billion does not include loss from newly created fake identities.

Criminals often look to fraudulently obtain genuine documents such as birth certificates, passports and driving licences. However, they also look for other information which helps steal your identity such as utility bills; online passwords; account numbers; and personal identity information which many people still put on social networking sites.

As part of National Identity Fraud Prevention Week, the NFA is reminding individuals and businesses how important it is to take responsibility for protecting their own identity. In very serious cases, it can take you 200 hours to repair the damage done to your identity by these criminals - in working hours, that's equivalent to a year's annual leave.

Action Fraud, the national fraud reporting centre, provides some simple steps everyone can take to help keep their identity safe.

  • Don't throw out anything with your name, address or financial details without shredding it first.
  • Check your bank and credit card statements carefully and report anything suspicious to the financial institution concerned.
  • If you're expecting a statement and it doesn't arrive, tell your bank or credit card company.
  • Get regular copies of your credit report from a credit reference agency.
  • Make sure your computer has up to date anti virus software installed.
  • Make sure you use all the privacy settings available on social networking sites - but don't put too much personal information up there.
  • If you move house, always get Royal Mail to redirect your post.
  • Don't ignore bills, invoices or receipts for things you haven't bought or services you haven't asked for - contact the company immediately.
  • When you register to vote, tick the box to say you don't want to be included in the edited electoral register - that means your details can't be sold on.

Don't stay silent. For more advice or to report a fraud, visit or call 0300 123 2040. By working together and speaking out against fraud we can make the UK more hostile to fraudsters.