"The Coalition on Online Identity Fraud was launched Tuesday by the Information Technology Association of America (ITAA) IT industry trade group, which will act as the coalition's secretariat," reports IDG News. "The founding members of the coalition are Microsoft, eBay, Amazon.com and the ITAA, plus the Business Software Alliance, Cyveillance Inc., McAfee Security, RSA Security Inc. TechNet Inc., Verisign Inc. Visa U.S.A. Inc., WholeSecurity Inc. and Zone Labs Inc."
"Identity fraud is a bigger problem than generally acknowledged, with an estimated 10 million Americans becoming victims in the last year, according to a new Federal Trade Commission survey," according to CNet. "But identity fraudsters appear to be traditionalists. The survey, released Wednesday, found that only a small percentage of identity fraud appeared to involve personal information gleaned from the Internet."
