Rubber hose attack (fwd)
Jim Choate
ravage at ssz.com
Sat Nov 3 08:30:12 PST 2001
---------- Forwarded message ----------
Date: Fri, 2 Nov 2001 22:26:28 EST
From: JohnE37179 at aol.com
To: lynn.wheeler at firstdata.com, JohnE37179 at aol.com
Cc: cryptography at wasabisystems.com, Jason.Gruber at btinternet.com,
rick_smith at securecomputing.com, vertigo at panix.com
Subject: Re: Rubber hose attack
In a message dated 11/2/01 8:46:25 PM, lynn.wheeler at firstdata.com writes:
<< the following from a thread on some of the fees related to fraud issues at
>>
Again, this is only a very small part of the problem. The Inspector General's
office reports that the average identity fraud in the Social Security
Administration costs over $100,000. Texas Medicaid loses approximately 25% of
its $4 billion budget to fraud. The ABA reports that the average cost of each
credit card fraud for the issuer exceeds $3500. Each incident of identity
fraud in recruiting costs DOD over $500,000.
John Ellingson
CEO
Edentification, Inc.
608.833.6261
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