In a world of internet banking and shopping fast becoming commonplace, thieves looking to steal one's identity now have a faster and quicker way of doing it. Criminals know that it is easier now than any time in the past to steal and assume another's identity because of computers and easier access to public information.
What's even more frustrating for the victim is that although identity theft is fast becoming a problem, the laws to prosecute criminals are still evolving and the victim is often a victim twice: first with their identity stolen and secondly by not being able to fully find and/or prosecute the criminal.
For these reasons there is no question that everyone must realize that the risk of identity theft does exists and one must take steps to protect it. Identity theft insurance is now available and although it will not prevent one from being a victim, it will help one recover from the many losses associated with being an identity theft victim.
I agree 100%. It is amazing also how many laptops and cellphones are stolen or lost and that further exposes people to loss of personal data. The next step is to combine such insurance products with actual asset identification technologies so that both assets and the identity are protected. Microdots are one such technology.