| ID Theft Hit 8 Million Americans in 2005 Federal Trade Commission
Dec 04 2007 : Identity theft affected 8.3 million adults, or 3.7 percent of the adult U.S population, in 2005, according to a Federal Trade Commission (FTC) study. The report is based on 4,917 telephone interviews with a random sample of American adults. For the study, the FTC categorized ID theft victims according to specific Federal U.S. laws. It estimated that 3.3 million American adults, or 1.5 percent of the adult population, experienced the misuse of one or more of their existing non-credit card accounts in 2005. This fraud category included checking, saving or telephone accounts. Based on the study, the FTC also estimated that in 2005 there were 3.2 million fraud victims in the category of �existing credit cards.� In addition, there were 1.8 million victims in the category of �new accounts and other fraud,� where fraudsters opened new accounts in the victims� names, or committed other frauds using their ID.
Latest News Archive December 2007
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Malaysia, not truly Asia?
Last year, the Indian High Commission in Guyana published an advert in a local newspaper offering scholarships to 'Children of the Diaspora'. An angry reader wrote in that the Indian government should surely know that while assistance to Guyana was welcome it should be on non-discriminatory grounds, regardless of ethnic origin. The spark ignited by so innocuous an offer of help illustrates how combustible is the race vs nation debate. Most recently, India was delivered a stinging slap in the face when it spoke up on behalf of the 1.8 million-strong ethnic Indian population in Malaysia and was told to Lay Off.
India has the third largest Diaspora in the world after Britain and China. These two countries have never fought shy of taking up cudgels on behalf of their scattered brood.
A lot more to do
There will be those who point to the "Bad Brown" aspects of this announcement, and ask why it came from the prime minister rather than Douglas Alexander, who is meant to be in charge of international development. What may cause most unease among development veterans, however, is the government's enthusiasm for involving multinational companies. In Africa and elsewhere, private-sector companies have not usually been the engines of development. Indeed, in the tug of interests between poor state and rich multinational, the powerless side often loses. Where corporates can come in handy is as an employer or trader in a country that is already industrialising. All those technology firms would not flock to Bangalore, say, if a highly educated, highly motivated Indian workforce was not already there.
Bishop sells west Orange warehouse
A 35,000-square-foot commercial building in west Orange County sold for $2.8 million. The warehouse/office building, at 4625 Old Winter Garden Rd., was built in 1985 and sits on 2.5 acres. The building has 17 tenants. Bishop's West Inc., a sister company to Bishop Realty & Development, sold the property to Old Winter Garden Road Properties LLC, which made the purchase for investment purposes. Billy Bishop, president of Bishop Realty & Development, represented the both sides in the transaction. .
RANTS & RAVES: Interlopers trash our bridges
If you've ever wondered why Jacksonville doesn't build more fishing piers for access to the water so people can fish free, all you need to do is ride out Heckscher Drive and look at Clapborn and Sisters Creek bridges. Look at the trash that the people throw on the bridge, the dead fish, the shrimp, the wine bottles, newspapers ... They come out here and trash the area and then they go back to where they live, and then we who live out here have to look at it. So if you want to see a mess, just come out Heckscher Drive and look at the bridges. You people have trashed this area. .
Cyber-crime unit 'urgent'
A petition has been launched calling for the Prime Minister to set up a national e-crime reporting unit as soon as possible. There are proposals outlined in this year's Comprehensive Spending Review for a new National Fraud Reporting Centre to be set up in 2010-11. The aim of the centre will be to provide a link between local forces, the public and other law enforcement agencies. But following the case of lost data discs at HM Revenue and Customs (HMRC), the petitioner, security analyst Neil Stinchcombe, said 2010 was too long to wait and is using the petition to highlight the need for the centre to be set up as soon as possible. Mr Stinchcombe told Computeractive: "The consequences of, and reactions to, the loss of records by HMRC, make the creation of a well-resourced operation to address computer-assisted crime, including information and identity theft from data and call centres… a matter of great urgency." The problems the public and regional police forces have with reporting and handling individual incidents of cyber-crime is well documented.
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