Online ID theft not as big as people may think

From InternetNews:

If recent stats are to be trusted, incidents of fraud from Internet-based means may well be on the decline.

According to a report set to be released tomorrow from Javelin Strategy and Research, in cases where the source of the identity theft was known, only 9 percent were reported to have come from hacking, viruses and phishing.

In contrast, a lost or stolen wallet or credit/debit card was the cause of 30 percent of the incidents.

The study also found that fraudulent activity is mostly (over 70 percent) conducted offline via phone or mail.

Link here via techdirt.