Wired News reports that, in a unique study on which companies have the most identity theft incidents, Bank of America, HSBC, and Washington Mutual were called out as the companies with the most incidents per billions of dollars of deposits, according to Measuring Identity Theft at Top Banks (Version 1.0), a study by Berkeley Law School fellow Chris Hoofnagle.

Among the major banks, ING Bank appears to be the safest, with only 0.085 identity theft complaints per billion dollars of insured deposits. In terms of sheer numbers of complaints, Bank of America, AT&T and Sprint were named most often in the complaints, followed closely by Chase, Capital One and Citibank.

Hoofnagle, who started as a privacy and consumer rights advocate at the Electronic Privacy Information Center, says he did the study because he wants people to be able to choose companies based on identity theft statistics.

This entry was posted on Friday, February 29th, 2008 at 8:57 am and is filed under ID Theft, ID Theft Prevention, bank of america, identity theft, washington mutual. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.