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The ability for hackers to go onto the Internet and chat up fellow hackers is as old as the Net itself.

But with identity theft becoming a more popular form of fraud, according to the Federal Trade Commission FTCmore attention is being paid to chat rooms that serve as flea markets for hackers. Both Schneier and Entercept Security Technology's Harrington say that your stolen personal information can be swapped or sold in other Web venues.

Occasionally the FBI gets lucky. The feds were able to track down the hacker known as "Mafiaboy" when he bragged about his exploits in chat rooms.

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Read our privacy guidelines. Experts: Chat rooms a haven for hackers Anonymously stealing, trading personal information.

about chat-room hackers and identity theft in a chat with Entercept's Chad Harrington.