Car crime is a boom industry and so too is the market for anti-theft devices.
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Mr Baeza adds that they also targeted car theft networks, educated the community about prevention and promoted anti-theft devices.
When a customer buys an item the tag can be removed, just like the anti-theft devices attached to existing products.
Anti-theft devices are categorised in three classes by the Motor Insurance Repair Research Centre at Thatcham in Berkshire, an insurance-industry research organisation.
Fortunately, NHTSA says increased use of parts marking, anti-theft devices and technology like coded keys, along with heighted public awareness and improved law enforcement have helped reduce this number steadily since 2001, with vehicle thefts now at their lowest rate since 1967.
Theft of iPads and other devices has also been a problem for travelers.
As part of the agreement, wireless carriers will also roll out initiatives to encourage mobile-phone users to set up passwords on their devices to deter theft.
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"Concerns about smartcard security have increased with the wide availability of sophisticated tools and invasive techniques to discover the secrets and keys that traditionally protect devices from counterfeiting, tampering and theft-of-data, " said Pim Tuyls, CEO at Intrinsic-ID.
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"The unfortunate reality is that everyone loses things, and our devices can get stolen, " Robert Siciliano, an identity-theft specialist at McAfee, wrote in a blog post about the findings.
The tool isn't intended for theft or vandalism: It merely lets users install any application they want on their devices.
Available as a physical device or as a free app for iOS or Android devices, it offers players an added level of security against account-theft attempts that stem from sources such as phishing attacks, viruses packaged with seemingly harmless file downloads, and websites embedded with malicious code.
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