Identity Fraud

Five Safety Tips To Minimize Risk And Impact Of Identity Fraud

Javelin Strategy & Research released The 2018 Identity Fraud Study which found that despite industry efforts to prevent identity fraud, fraudsters successfully adapted to net 1.3 million more victims in 2017, with the amount stolen rising to $16.8 billion. Javelin believes that consumers who exercise good online security habits can minimize their risk and impact of identity fraud. Here are five recommendations for consumers to follow.

Identity Fraud Hits All Time High With 16.7 Million U.S. Victims in 2017

The 2018 Identity Fraud Study released by Javelin Strategy & Research, revealed that the number of identity fraud victims increased by eight percent (rising to 16.7 million U.S. consumers) in the last year, a record high since Javelin Strategy & Research began tracking identity fraud in 2003. The study found that despite industry efforts to prevent identity fraud, fraudsters successfully adapted to net 1.3 million more victims in 2017, with the amount stolen rising to $16.8 billion.