Somebody breaks into your e-mail account and sends phishing spam from your address to everyone in your contacts list. Somebody else steals your online bank ID and password and cleans out all the money in your accounts. And another crook swipes your Social Security number and opens credit card, cell phone, and other accounts in your name.
All three of these crimes fall under the umbrella of identity theft. Reports of declines in identity-theft incidents from such security research firms as Javelin Strategy & Research and government agencies, such as the Federal Trade Commission (FTC's consumer-complaint statistics for 2010--pdf), … Read more