Dozens of people were arrested today as the FBI busted up a major identity theft "phishing" scam ring. Suspects all the way from Southern California to Egypt were arrested by the FBI and represents a major blow to an identity theft "phishing" scam ring that is believed to have victimized thousands of people to the tune of millions of dollars.

Over 27 million Americans have been victims of the fastest-growing crime of identity theft. There is little risk to the thief of being caught; Some people may not notice the theft for months, if not years.

In a slumping economy thieves have found yet a new effective way to steal your identity. They make job offers.

If you are seeking a job while on the internet, be careful. Internet Identity thieves are targeting job seekers to steal their personal information.

Just to be clear, while this credit card heist will likely forever be know as the TJX case, it only started with TJX, and eventually spread to eight other retailers, including TJX Cos, BJ's Wholesale Club, OfficeMax, Boston Market, Barnes & Noble, Sports Authority, Forever 21 and DSW.

This story is about the Lifelock guy and his ads advertising his social security number, and saying how safe his company can make you. Right away I figured some smart hacker would use his number and access services, credit, etc., and while what happened was not too bad, it still shows that his company cannot protect you from "real" criminals.

We all knew that LowerMyBills.com and LendingTree.com provided for a ‘less-than-ideal’ customer experience as consumers got battered by hundreds of calls from rabid mortgage folks; but this announcement is just plain scary. Employees caught stealing data including consumer social security numbers at Lending Tree.

Add Hannaford supermarkets to the latest list of retailers victimized by hackers due to credit card security breach as they have stolen credit card and debit card information of Hannaford customers.

The problem of identity theft and protection from it become more actual in our time as more individuals and companies sue websites for offering sensitive consumer data. Identity theft is when someone obtains, and illegally uses, your identification information, such as name, address, date of birth, social security number or mother's maiden name.

If a malicious employee stole data from your organisation, would you have the skills to detect it? Could you gather evidence that would help the authorities prosecute a criminal case? Would you be able to produce the evidence to handle a disputed transaction, or a misbehaving employee? In this digital age we live in, computing security and business IT processes are under more scrutiny and pressure than ever before.

While it is allegedly better to give than to receive, many people purchasing presents on the Internet may be unwittingly giving the gift of their identity to fraudsters. The good news, however, is that Manchester-based Global Security One (GSEC1) is launching XGate 2.0, the only wireless Internet security device which tackles threats before they reach your home PC.