SafeMedia Warns of More P2P Identity Theft in Aftermath of Seattle Criminal Indictment

"Most individuals and organizations who have P2P networks on their computers don't even know that they have exposed their sensitive corporate, personal, financial, and health information to identity thieves," warns Pasquale Giordano, President/COO, SafeMedia Corp.

[ClickPress, Mon Sep 10 2007] SafeMedia, citing a Sept. 7, 2007 Seattle indictment, believes it is the first case involving P2P networks. U.S. Secret Service, U.S. Postal Inspection Service, and the Seattle Police indicted Gregory Thomas Kopiloff of Seattle for allegedly using information on tax returns, bank statements and credit reports to obtain identity information to defraud consumers, banks and retailers.

According to their investigation, thousands of potential criminals each day use P2P networks to steal consumer information necessary to commit identity theft and fraud.

SafeMedia's P2PD solutions guarantees complete Identity theft protection for any computer connected to a government, corporate or university network, cable or DSL modem that has a P2P client installed. SafeMedia's P2PD technology is the only solution that can guarantee complete protection of your computer from identity theft associated with contaminated Peer 2 Peer networks.

SafeMedia's P2PD eliminates the threat of criminals who are using encrypted or non encrypted contaminated P2P networks to steal government, corporate and personal identity information.

"Most people who use P2P networks don't even know that they have exposed sensitive government, corporate and personal, financial, and health information and this indictment on an alleged Seattle fraud ring shows what a group of ID thieves could do if they grab your information,” said President/COO Pasquale Giordano, SafeMedia Corp. “SafeMedia's P2P Disaggregator (P2PD) Solutions is the only solution that can guarantee that criminals using P2P network clients can never access government, corporate or personal records.”

According to a four-count indictment unsealed in U.S. District Court, Thomas Kopiloff used LimeWire, Soulseek and other "peer-to-peer" file-sharing programs to troll other computers for financial information, which he used to open credit cards for an online shopping spree. The report said, he bought more than $73,000 worth of goods online, then resold those items at steep discounts and kept the proceeds, the indictment said.

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About SafeMedia
SafeMedia Corporation is based in Boca Raton, FL. The company's P2P Disaggregator technology (P2PDTM) allows ISPs, educational institutions, governments, and businesses to cost effectively eliminate contaminated (illegal) P2P traffic. The solution reduces bandwidth costs and eliminates viruses, spyware, malware and identity theft associated with the use of contaminated P2P networks. SafeMedia Corporation was founded in 2003 by Safwat Fahmy, who has more than 30 years of computer architecture design and software product development experience. He is a recognized leader in the development of technological solutions, including the development of IPCS/MAPICS, adaptive pattern recognition and Artificial Intelligence applications.



[Editors: For more information about SafeMedia Corp.'s new product line visit: www.SafeMedia.com .
For media interviews contact: George McQuade, at MAYO Communications, 818-340-5300 or
818-618-9229 or PR@MayoCommunications.com .]

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