Theft of Personal Information in High Demand

2009-04-15 20:37:02 (GMT) (WiredPRNews.com - Law, News)

Credit card and other personal information are reportedly in high demand

The recession has reportedly left the underground economy unaffected.

Wired PR News – Theft of valuable personal information has remained in high demand during the recession. As reported by the Associated Press (AP), a new study has shown that prices have remained stable for stolen information such as credit card numbers, and other personal information.

The supply of these items has remained steady as well largely due to an increase in scams targeting recession burdened individuals left vulnerable from worry about their financial state.

Symantec Security Response Vice President Alfred Huger is quoted by the AP as stating of the matter, “There’s no pricing pressure at all - it’s not dropping, they’re not negotiating down… That tells us that there are still the same number of buyers. The underground economy has not been affected by the recession.”

The information was released this week in reports from Symantec Corp. software maker and Gartner Inc.

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