Identity Thieves’ Weapon of Choice?….Yahoo!

According to an article appearing in Security News:

“A Yahoo! email address appears to be the weapon of choice for the professional identity thief, because the user of the address is untraceable in most cases. Yahoo! is also very popular and has a good name for reliability - an ideal thing to hide behind for identity thieves,” he said.

“Most internet retailers have little defence against a chargeback, other than to blacklist the card. Most will need to take additional steps to authenticate the purchaser before handing over goods and services or reconsider the commercial wisdom of continuing to deal with purchasers using high risk email addresses,” he added.