Most people are fascinated by what I did as a teenager, but when I look back at my life, I don't think very much about those years. I was an opportunist and got away with things because I was very young, but I went to prison and came out and remade my life.

The former police chief of Houston once said of me: "Frank Abagnale could write a check on toilet paper, drawn on the Confederate States Treasury, sign it 'U.R. Hooked' and cash it at any bank in town, using a Hong Kong driver's license for identification."

The police can't protect consumers. People need to be more aware and educated about identity theft. You need to be a little bit wiser, a little bit smarter and there's nothing wrong with being skeptical. We live in a time when if you make it easy for someone to steal from you, someone will.

Every case involving cybercrime that I've been involved in, I've never found a master criminal sitting somewhere in Russia or Hong Kong or Beijing. It always ends up that somebody at the company did something they weren't supposed to do. They read an email, went to a website they weren't supposed to.

Banks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.

In the old days, a con man would be good looking, suave, well dressed, well spoken and presented themselves real well. Those days are gone because it's not necessary. The people committing these crimes are doing them from hundreds of miles away.

Im a true believer that you have a moral obligation to keep your employees honest, and that is why you have controls, so Im never tempted or put in a position where I could do something to defraud my employer.