Three Years in Identity Theft Hell

Re:Three Years in Identity Theft Hell by watwut on Sunday September 17, 2017 @02:31AM (#15268495)

I haven't seen password I'd or national card I'd used as identification, ever. The way it works is that you bring it physically and they look into it. Or that you send photo of the id (yes that is easier to forge, then again harder then forging utility bill) - that is done only where it is impossible to do physical check and never with loans and such.

Identity theft in Europe is extremely rare. It is possible to do something in your name, sure, but it does not happen nowhere near as often and damage is limited compared to ssn system.

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Re:Three Years in Identity Theft Hell by tryingagainbro on Sunday September 17, 2017 @05:54AM (#15268928)

>> The way it works is that you bring it physically and they look into it.

Not gonna happen, banks for now will rather swallow the relatively low loses due to fraud.

In USA you sign a piece of paper (pre-approved loan), or login online and the loan money is deposited in your account within a few days. All automated. So far it works out for them, if fraud loses increase, the banks, not us, will choose the next method. And Congress will approve it within weeks.

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Re:Three Years in Identity Theft Hell by rocqua on Sunday September 17, 2017 @11:18AM (#15269990)

The issue is that fraud causes more loss than just for the bank. Whomever got impersonated is also fucked. At the moment, they have very little recourse to recoup their costs from the bank that got fooled.

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