Forwarded from: John Ellingson <JohnE37179at_private> In a message dated 10/31/01 6:07:02 AM, isnat_private writes: << The question is that where we should draw a line between frauds and terrorism in hacking. Should we draw the line at the national interest level and ignore our identities (after all, it could be just you and me)? >> Two of the risks of fraud are that it enables terrorists to operate with very effective disguises, and widespread identity fraud can seriously erode confidence in the financial services infrastructure. Currently about 3.5% of new account openings at US banks have a very high likelihood of being made by people perpetrating identity fraud. (Test conducted in January this year.) What happens if that number becomes 10% or 20%? At the current accelerating growth rate of identity fraud, these numbers are on the horizon. John Ellingson CEO Edentification, Inc. ||||# |||||| |||||| - ISN is currently hosted by Attrition.org To unsubscribe email majordomoat_private with 'unsubscribe isn' in the BODY of the mail.
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