SMME News Alert Smartmetric Inc (SMME) 0.0471 02/15/2015 13:
Post# of 64074
Recent Data Theft Could Cost Consumers 100's of Millions of Dollars -- 70 Million Victims of Anthem Insurance Data Theft Involving Theft of Social Security Numbers Makes Each Individual 5 Times More Likely to Become Victims of Fraud, According to a Recent Study
Marketwired - Tue Feb 10, 1:12PM CST
SmartMetric, Inc. (OTCQB: SMME) A study conducted by Javelin Strategy & Research found consumers who had their Social Security number compromised in a data breach were 5 times more likely to be a fraud victim than an average consumer. Another report states that identity theft victims suffer on average $4,930 loss per victim. So the economic consequences of the most recent data breach could run into the hundreds of millions for the innocent affected consumers, the President & CEO of SmartMetric, Inc. Chaya Hendrick said today.