124,000 Aussies hit by identity theft in the last 12 months

Precise figures on identity theft are almost impossible to discover in the UK, owing to the not insignificant fact that the financial institutions seem reticent to reveal such stats.

Not so down under, as figures released late last week by the Australian Bureau of Statistics revealed that more than 124,000 Aussies were victims of ID theft in the last 12 months.

The major survey revealed that around 5.8 million Australians were exposed to some form of scam in the 12 months prior to the survey, mainly in the form of spammed emails, hoax lottery wins or phishing emails.

Of those who had received a fraudulent invitation or request, researchers found that 5.7 per cent - 330,000 people - became victims after they responded to the scam by supplying personal information, money or both...