Identity Theft At Major Financial Institutions

Until recently, there has been no way to compare the relative incidence of identity theft at major financial institutions. Chris Hoofnagle's study "Measuring Identity Theft at Top Banks" uses a novel approach: he compared complaint data from various banks submitted by victims of identity theft, obtained through FOIA requests. The study makes clear that the incidence of identity theft is alarmingly high at our major financial institutions, but that some institutions faired better than others.