RIP-OFF ALERT: The Berkeley Center for Law and Technology analyzed corporate America to see which companies
have the highest incidence of ID theft. The No. 1 company? Bank of America. BoA is the nation's
second largest bank. (If you look at the numbers based on total customer base, BoA then actually comes in
second behind HSBC). AT&T occupies the second slot, followed by Sprint (No. 3),
JPMorgan Chase (No. 4) and Capital One (No. 5). Think about it: 3 of the first 5 are banks,
which is understandable. But why are two phone companies way up there? The reason is because they do a
credit check when you apply for phone service, and open yourself up as a potential target when they get your
info. In the No. 6 spot, we have Citibank. As the nation's largest bank, Citibank has one-third less
incidences of ID theft than the smaller BoA! Verizon, American Express, Washington Mutual and
Wells-Fargo all round out the top ten.
http://clarkhoward.com/shownotes/2008/02/29/#13282
have the highest incidence of ID theft. The No. 1 company? Bank of America. BoA is the nation's
second largest bank. (If you look at the numbers based on total customer base, BoA then actually comes in
second behind HSBC). AT&T occupies the second slot, followed by Sprint (No. 3),
JPMorgan Chase (No. 4) and Capital One (No. 5). Think about it: 3 of the first 5 are banks,
which is understandable. But why are two phone companies way up there? The reason is because they do a
credit check when you apply for phone service, and open yourself up as a potential target when they get your
info. In the No. 6 spot, we have Citibank. As the nation's largest bank, Citibank has one-third less
incidences of ID theft than the smaller BoA! Verizon, American Express, Washington Mutual and
Wells-Fargo all round out the top ten.
http://clarkhoward.com/shownotes/2008/02/29/#13282
