[9770] in cryptography@c2.net mail archive
Re: Rubber hose attack
daemon@ATHENA.MIT.EDU (JohnE37179@aol.com)
Sat Nov 3 10:55:34 2001
From: JohnE37179@aol.com
Message-ID: <64.1599b5d5.2914bde4@aol.com>
Date: Fri, 2 Nov 2001 22:26:28 EST
To: lynn.wheeler@firstdata.com, JohnE37179@aol.com
Cc: cryptography@wasabisystems.com, Jason.Gruber@btinternet.com,
rick_smith@securecomputing.com, vertigo@panix.com
MIME-Version: 1.0
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In a message dated 11/2/01 8:46:25 PM, lynn.wheeler@firstdata.com writes:
<< the following from a thread on some of the fees related to fraud issues at
>>
Again, this is only a very small part of the problem. The Inspector General's
office reports that the average identity fraud in the Social Security
Administration costs over $100,000. Texas Medicaid loses approximately 25% of
its $4 billion budget to fraud. The ABA reports that the average cost of each
credit card fraud for the issuer exceeds $3500. Each incident of identity
fraud in recruiting costs DOD over $500,000.
John Ellingson
CEO
Edentification, Inc.
608.833.6261
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