In a study conducted by Javelin Strategy & Research, it was found that in 2009 12% more US adults became victim of identity theft and related fraud compared to 2008. The 2010 Identity Fraud Survey Report found that in total 11.1 million US adults had been victimized in 2009, whereas, in 2008, this number was 9.9 very great number.
In dollar terms, identity fraud created a dent of $54 billion in the US financial system, which is a 12.5% rise on the amount ($48 billion) the US people have lost to identity thefts in 2008.
The be eager has found that the cheat resolution time has dropped by 30%. Not it takes around 21 hours to resolve the fraud. Around 50% of the victims filed a police record, which doubled the number of arrests, and prosecution increased by 3 fold. Conviction in 2009 also got doubled. This trend is seen as the main reason in the rear of the drop in resolution time.
Full name (63%) followed by physical address (37%) are the two most compromised identification details, as found in the study. Health insurance information theft is also on the rise. It has risen by 4% in 2009 compared to 2008. In the same period Social Security number theft has decreased from 38% (in 2008) to 32%.
Similar Posts:
- Online Shoppers Concerned About Identity Theft
- Identity Theft Risk Increases Dramatically if Data Breach Letter Received
- Identity Theft – Early Detection Is Key
- The Best Browser For Blocking Malware
- Botnets Lead to Identity Theft
no comment until now