By Manju Bansal, Senior Director, Global E&C Solutions Marketing, SAP
Identity theft is one of the fast growing crimes in America. According to the U.S. Department of Justice, it grew 13% in 2011, affecting over 11 million adults and costing consumers and businesses over $50 billion. On the other side of the world, in India, one of the biggest impediments to growth is not theft or misuse of an identity but a complete lack of one.
Publicly available estimates indicate that of....