The Identity Theft Threat Is More Serious Than You May Think

According to the Federal Trade Commission (FTC), identity theft has been the topconsumer complaint for 15 consecutive years.

Unfortunately, as the digital age unfolds, hackers and cybercriminals are developing more sophisticated ways to gain access to the personal information of victims, and identity theft has become an even larger problem.

The numbers

The FTC logged 2.6 million identity theft complaints in 2014, up from only 2.1 million complaints in 2012. In addition, there were 1,540 global data breaches in 2014, up a staggering 46% over 2013’s total. Of these breaches, malicious outsiders or insiders were the culprits in 70% of the cases.
Big-name victims of data breaches in recent years include eBay, Home Depot and JP Morgan Chase. In those three breaches alone, a combined 337 million records were accessed.

One of the fastest-growing segments of identity theft is credit card fraud. There were 31.8 million U.S. credit card breaches in 2014, more than three times the number of breaches reported in 2013.

Show me the money

The large majority of identity thefts are…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and is always available on your local internet!