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We run the National Identity Theft Assistance Centre. The level of identity fraud in the UK is at relatively very low levels. Many id theft stories are hyped beyond belief, not just this one. Even the Home Office estimate of annual losses of £1.7bn is hugely exaggerated. If anyone is concerned about id fraud, get free and impartial advice from us at www.annualcreditreport.co.uk. There is a risk of falling victim, but with simple and cost-free precautions, you can reduce the risk to a very low level indeed. In our view, hyped id fraud stories are partly to help justify id cards and partly to help create a consumer id theft industry - the id theft protection industry is the US is worth $1bn per annum according to the US press, but hey, ho, there's another id theft statistic taken best with a large pinch of salt. But there's no doubt that there is a substantial industry in the US built on consumer fear, which need not be imported to the UK.

posted by : Barry Stamp, 10 March 2008 Complain about this comment
funny, that

Strange to see Lady Di pop up to scribble for the Inq. Hope it won't be the last time...

AT adds: She'll be doing some more stuff as soon as she finishes my ironing.

posted by : Toasty, 09 March 2008 Complain about this comment
Is £360 billion really at risk to ID theft?

It will be as soon as ID cards are "rolled out". So they should just roll them back in again, and pretend the subject was never mentioned.

posted by : Tom Welsh, 08 March 2008 Complain about this comment
You’re So Young & I’m So Old ….

To genuinely report news, for most, is like observing that, “The Sun Shines”. Mere commentary is boring for in reality, there is no need for the gossips tarted as news every breathing moment [or non-breathing as in your case]. It’s all about commerce and people being groomed and convinced that we need news/gossips as an adjunct to existing. And here’s a spicy obsevation worthy of being news and more conspiracy [theory]. There is an advantage to dying young … because you’ll never get to be old [or be seen to look like a broomstick pilot]. Pity about Anglo-Saxony failing to make you a saint … yet. 

Here’s some real news … “God is Great”. So how come only the nutters are proclaiming that? Because they need to be convinced. When a person is excessive in behaviour, he’s just waiting for the moment to be in abandonment. Like some president or prime minister who merely believes that he has been chosen by “god” for expressing “the qualities of godliness”. You can be certain that when a dog barks in the company of worshippers, no one sees him howling when he’s alone. The Swinging Set that humans revel in is mere loneliness in reality, whether he is alone or be in the company of billions in the whole universe. Only the person who has found his true self can be in true collectivity, the news, diehard capitalists & communists included. News, the attempt at collectivity of the gossip mongrels.


AT adds: I think you may have called the wrong number, old chap.

posted by : Ole Man river, 08 March 2008 Complain about this comment
A Noble Treatise, Di.

But Six Degrees of Separation has taught us that "royal" punters (lo, posers?) at one end of the scales skew the law of averages and inflatiates diminishing returns. Cheer up, lass. Your credit is still good in Nigeria, unrest excepted.


posted by : karlsbad, 07 March 2008 Complain about this comment
360 billion

I have to agree with you on this one. I see a push coming in government on a new law and this is there help to get people worried. If over 40% of users have had there ID taken it would be ,well a mess beyond what we can even think of.
Story's like this should be taken down because of how stupid it is. 
This must have been written by a FaceBook user with only 9 brain cells.
I would just keep laughing ,but data like this can cause outcomes that hurt people for no reason , and other than to get there story on the wire to make the writer look famous it should be vetted. 
Thank you for putting some common sense into the story.

posted by : Daedalus, 07 March 2008 Complain about this comment
not'bout the money in the bank

I think the issue is not how much information is needed to get to someone's bank account, but to new credit card under someone else's identity; then it doesn't matter if he has 10000, they will be charged the same. 

posted by : umbrel, 07 March 2008 Complain about this comment

Is £360 billion really at risk to ID theft?

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