Read Bennett Gold LLP's privacy policies and practices regarding this web site.
LINK TO: Bennett Gold LLP's Privacy Policies and Practices. E-CommerceALERT.com is part of the Bennett Gold LLP web site network.
LINK TO: Bennett Gold LLP, Chartered Accountants, home page.
LINK TO: E-CommerceALERT.com Home Page.
CLICK to GO BACK to Main Page.

Research and retrieval of news articles by Bennett Gold LLP, Chartered Accountants


SPECIAL NOTE TO ALL VISITORS:
Effective December 31, 2012, articles are no longer being updated on this web site.
The site is now maintained as an historical archive, covering articles from the period 1999 to 2012.


CANADIANS AT RISK OF ONLINE IDENTITY THEFT

Source: National Post

Posted on January 31, 2005

      Canadians, though largely a savvy lot when it comes to protecting themselves from identity theft, still reveal potentially sensitive information over the phone and Internet, according to a new survey.

      An online survey conducted by Ipsos-Reid showed that, while most Canadians are hesitant to give out information such as their Social Insurance Number and debit or credit card numbers, nearly 20% of respondents said they would reveal account numbers and personal passwords over the phone when doing business with a company.

      The number was even higher - 27% - when the exchange took place over the Internet.

      "Twenty per cent doesn't sound like a lot," said Michel Brazeau, an executive vice-president with consulting firm EDS Corp., which commissioned the survey. "But if two out of every 10 people you call would give you their passwords - that's a huge security issue, no matter what the functionality of that password."

      The survey of 1,735 people concluded that consumers need further education about identity theft. It also noted that the RCMP saw a 63% rise in identity theft complaints between 2002 and 2003.

      The survey also sought to gauge public opinion on the use of biometric equipment to alleviate security concerns as more businesses and government agencies seek to move their businesses and services online.

      Biometrics are technologies used to authenticate the holder of, say a passport, by "reading" the user's unique fingerprint, iris, voice or facial characteristics and comparing it to a pre-existing database. For example, frequent flyers are using such systems to move more quickly through security at several major Canadian airports.

      But Peter Reid, a U.S.-based managing consultant with EDS Security and Privacy Services, said biometrics also makes sense for other institutions such as banks, where the technology could be used to determine whether a crook is using a stolen debit card and pin number.

      EDS found in its survey that 65% of Canadian respondents said they accepted the use of biometrics, with a majority of those people citing increased security as their main reasoning.

      That differs markedly to the situation in the United States, where a similar EDS survey last year showed that convenience was the overriding motivation behind people's acceptance of the new technologies.

      The biometrics industry has boomed since the Sept. 11 terrorist attacks as governments and corporations have looked to beef up the security of key operations. Some estimates suggest the industry could be growing by as much as 70% annually, and will hit $1-billion U.S. by 2006.




CLICK to GO BACK to Main Page.

E-Commerce Alerts are issued by Bennett Gold LLP, Chartered Accountants as situations develop. Bookmark this site and check back often. Our e-mail address is: info@BennettGold.ca

In accordance with United States Code, Title 17, Section 107 and Article 10 of The Berne Convention on Literary and Artistic Works, the news clippings on this web site are made available without profit for research and educational purposes.


ALERT
ARCHIVES
Final Entries
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999


LINK TO: Bennett Gold Chartered Accountants: A Licensed Provider of WebTrust Services.

WebTrust Is Your
Best Defense
Against
Privacy Breaches.

Get WebTrust
Working For
Your Site.