James Van Dyke had a hunch last year that the commonly held belief that the Internet was causing an increase in identity theft and credit card fraud was not valid. Extensive research he conducted debunks many of the myths about the correlation between online activity and ID theft. Contrary to popular opinion, Van Dyke, a research analyst for Javelin Strategy and Research, found that using the Internet for bill paying and banking can reduce risk by up to 18 percent and potentially save consumers up to 60 hours of personal time and $1,100 worth of paper checks and postage.
Loading ...
Identity Theft Online: Debunking the Myths
Posted by: Jack M. Germain January 17, 2004 02:00 AMJames Van Dyke had a hunch last year that the commonly held belief that the Internet was causing an increase in identity theft and credit card fraud was not valid. Extensive research he conducted debunks many of the myths about the correlation between online activity and ID theft. Contrary to popular opinion, Van Dyke, a research analyst for Javelin Strategy and Research, found that using the Internet for bill paying and banking can reduce risk by up to 18 percent and potentially save consumers up to 60 hours of personal time and $1,100 worth of paper checks and postage.