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Having access to information is the most important element when it comes to identity theft. It may happen in places you don’t suspect, though. Who Commits Identity Theft?Ĭriminals usually aren’t willing to take a survey, so it shouldn’t come as a surprise that the demographic makeup of identity theft schemers is largely unknown. Those numbers are up from 2017, when one million children were victims of identity theft 12. fell victim to identity theft and fraud, costing affected families an average of $1,100 each 18. In 2021, 1.25 million children in the U.S. However, it contrasts this trend with an uptick in fraudulent losses.įour groups are most at risk of identity theft: children, heavy social media users, high-income earners and the eldery.Ĭhildren are becoming the most popular group targeted by cybercriminals. The report also suggests a downward trend in the number of people impacted by identity theft. Instead of targeting credit card fraud and the like, cybercriminals are targeting high-impact, sustained forms of identity theft, like account takeovers. DATA RECOVERY WIZARD PROFESSIONAL 9.8 SERIESJavelin Strategy and Research claims that “cyber risk fallout from the pandemic will carry over into 2021” and that “exponential growth in digital channels and advanced criminal methodologies will lead to a more complicated series of problems.” The firm’s 2020 identity theft analysis found that high-impact forms of identity theft are on the rise in the U.S. We don’t have complete data from 2020 yet, but given the COVID-19 pandemic, we can expect an upward trend going through 2021. since 2005, peaking in 2017 before dropping slightly between 20. Identity theft statistics and trends benefit from hindsight, especially as identity theft has been on the rise in the U.S. If you’re worried about falling victim to a scam - through any means, whether it’s email, phone or otherwise - check the FTC website to learn about new, widespread scams.įraud loss includes more than just the money victims lose in identity theft. It’s also important because the FTC puts out regular notices about scams. The FTC is important because it allows victims to report identity theft, so much of the data we’ll reference in this guide is tied back to the FTC in one form or another. government agency that helps protect consumers from fraud and scams, including identity theft. The Federal Trade Commission (FTC) is a U.S. Important Identity Theft Terms Federal Trade Commission New attack vectors are showing up, too, such as formjacking (more on that soon). Personal data can also be compromised with email scams, social media scams and phone scams. As mentioned, data breaches are a major attack vector. There are different ways attackers find and gather this information. Account identity theft is whenever a criminal gains access to an existing account you have (social media, bank or otherwise) or opens a new account using your information. There are various different forms of identity theft, but the most common is account or credit theft (the two are usually grouped together). In 2018, around 65 percent of all data breaches resulted in identity theft 17. In many cases, data breaches are where personal information leaks out. Identity theft is any fraud related to using someone else’s personal information. Identity Theft Statistics: Basic Facts You Should Knowīefore getting to our stats, let’s define what identity theft is and some important terms you should know. DATA RECOVERY WIZARD PROFESSIONAL 9.8 HOW TOMP4 Repair: How to Fix Corrupted Video Files in 2019ĭata from the last few years shows that around 14.4 million people have their identity stolen each year ( 5).Best Choice Stellar Phoenix Data Recovery. DATA RECOVERY WIZARD PROFESSIONAL 9.8 GENERATORHow to Create a Strong Password in 2022: Secure Password Generator & 6 Tips for Strong Passwords.How to Securely Store Passwords in 2022: Best Secure Password Storage.Best Password Manager for Small Business.How to Access the Deep Web and the Dark Net.Online Storage or Online Backup: What's The Difference?.Time Machine vs Arq vs Duplicati vs Cloudberry Backup. ![]()
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