Studies Reveal The Cost Of Identity Theft Exceeds That Of Other Crimes

(MoneyNewsWire.Net, July 29, 2015 ) Portland, Oregon -- Identity theft exceeds the combined total cost of burglary ($5.2 billion), motor vehicle theft ($3.1 billion) and other theft ($5.7 billion). The average cost to victims of identity crime exceeds $2,100.00 per person according to the U.S. Department of Justice website with the total cost of identity crime exceeding $24 billion per year.

Right Out Of The Air
Identity thefts can be completed without any physical contact. The basic equipment needed to read credit card information through the air, is readily available to would-be crooks. An electronic card reader is available online for less than $100.00. Thieves could take information while standing in line behind an unsuspecting shopper.

Ways To Be Protected
A new protective sleeve manufactured and marketed by Shield Safe will prevent sensitive financial and other personal information from theft. These sleeves effectively block the ability of criminals to harvest data from the Radio Frequency Identification Tag (RFID) that were installed on credit cards for the purpose of encrypting this same information. Protection for this is available from Shield Safe.

These RFID blocking sleeves greatly improve credit card and passport security. This new resource provides practical protection for people from credit card fraud, identity theft and other forms of cyber security breaches. As cyber criminals are incredibly inventive it is important for everyone to be as well informed as they can be about the latest trends in theft and cyber and credit card crime.

RFID Vulnerability
RFID chips do not have their own transmission or power source. Instead they leverage the power of the reader to transmit the data. This creates vulnerability for those who carry these cards. Anne Richards of Shield Safe advises people to consider protecting their personal information from wireless theft saying, "making sure your credit cards and passports aren't stolen is obviously very important in protecting yourself from identity theft. But people should also take steps to protect themselves from digital pickpockets. A sleeve for your passport or credit card such as the Shield Safe sleeves available on Amazon blocks RFID signals and are an inexpensive investment to help protect your identity."

About Shield Safe

Shield Safe manufactures high quality RFID Blocking Sleeves for credit cards and passports. The sleeves prevent the card being scanned and personal details accessed.

Shield Safe

Anne Richards

503-177-5428

info@shieldsafe.net

Source: EmailWire.Com