We should be very concerned: if identity theft is so simple to do, what's to stop me from entering this country and assuming the identity of someone else for the sole purpose of living here illegally for terrorist reasons? That alone would be a concern.

There seems to be some parent concern, are we doing everything we can to avoid identity theft.

They pose as a customer seeking information about their account. So, in essence, it's a kind of identity theft.

Criminals look at identity theft and say only 1 in 700 criminals gets convicted of it. And they look at check forgery and they know that for every 1,400 forgers arrested, only about 123 get convicted and about 26 go to jail. So the rewards are great, but the risks are very slim. So that's one of the reasons that make it very popular.

Online banking account hijacking is the fastest-growing form of identity theft we monitor. Regulators want to get in front of the problem rather than be reactive.

Online banking account hijacking is the fastest-growing form of identity theft we monitor, ... Regulators want to get in front of the problem rather than be reactive.