Experts Speculate that Corporate Identity Theft is a Growing Problem

Identity theft has become a problem that continues to grow. While most of the victims are indivduals -- it now seems corporations are being targeted, also.

According to the Guardian (UK):

It happens when fraudsters steal the identity of a legitimate company and then trade under its credit and name. It can affect companies through assets being stolen and bank accounts being emptied by fraudsters trading on a company's credit worthiness.

Link, here.

This seems to be a new trend. Not much has been written about it yet, but I did find another story about corporate identity theft by Bob Sullivan of MSNBC, here.