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...using data from voter registration lists and social-networking sites, and studying statistical patterns in the Social Security numbers (SSNs) of people who have died, researchers Alessandro Acquisti and Ralph Gross have developed an algorithm that could potentially identify the SSNs of millions of people. Acquisti and Gross warn that "unless mitigating strategies are implemented, the predictability of SSNs exposes them to risks of identity theft on mass scales...

Author: /time Magazine | Title: Is Your Facebook Account a Gold Mine for Identity Thieves? | 7/8/2009 | See Source »

...1930s, Social Security numbers were assigned for income-tracking purposes and determined according to an individual's date and place of birth. Back then, identity theft - not to mention modern technology like the personal computer - were "unthinkable." But the technological boom of recent decades, coupled with the SSN's popularity as an authentication device, has enabled an "architecture of vulnerability" that exposes millions of Americans to fraud and exploitation, the report argues...

Author: /time Magazine | Title: Is Your Facebook Account a Gold Mine for Identity Thieves? | 7/8/2009 | See Source »

Mark Lassiter, a spokesman for the Social Security Administration, dismissed as a "dramatic exaggeration" the suggestion that a successful prediction code has been developed. In a statement, Lassiter urged the public not to be alarmed by the report, stressing that there is "no foolproof method for predicting a person's Social Security number...

Author: /time Magazine | Title: Is Your Facebook Account a Gold Mine for Identity Thieves? | 7/8/2009 | See Source »

...report has nonetheless boosted existing demand to remake the SSN system. Twenty-five states have recently enacted laws to limit the use of Social Security numbers on public documents, and the Social Security Administration is in the process of creating a random system for assigning SSNs (it will take effect next year). But according to the report, which stresses the need to reassess a "perilous" process, randomizing assigned SSNs may not be enough...

Author: /time Magazine | Title: Is Your Facebook Account a Gold Mine for Identity Thieves? | 7/8/2009 | See Source »

...mutual interest such as the economy, energy, environment, foreign affairs, health, labor, terrorism and trade tend to get discussed. And these discussions, in turn, get written about in the press, sparking conversation among like-minded people around the world. Look past those quintessential G-8 buzzwords like "consultation," "global social integration," and "millennium development goals" and you can see that, in recent years, the summit has given eventual rise to debt forgiveness for poor countries, a significant aid package for Africa and a genuine attempt to tackle climate change...

Author: /time Magazine | Title: The G-8 | 7/8/2009 | See Source »

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