Identity Theft Facts and Statistics

Once every four seconds, someone becomes a victim of identity theft. Recent data from Javelin Strategy & Research, which conducts extensive research and reporting on these types of crimes, estimates that total expenses related to identity theft have risen to more than $4,600 per incident, plus lost wages for the time it takes to resolve such issues.

Identity theft is on the rise:

  • Identity fraud increased to 4.90% in 2011 from 4.35% in 2010, representing a 12.6% increase
  • The total number of identity fraud victims increased to about 11.6 million U.S. adults in 2011, compared to 10.2 million victims in 2010
  • New account fraud, which is the misuse of the victim’s personal information to open fraudulent new accounts, produces the highest mean fraud amount and consumer cost
  • LinkedIn and Google+ users have the highest incidence of fraud of all social networks
  • 47% of identity theft victims encounter credit problems
  • Smartphone users are one third more likely to become victims than non-users
  • Victims of data breaches are 9.5 times more likely to experience Identity Theft

ID Commander is a leader in proactive identity theft protection. Our plans use a variety of industry-leading tools to help protect you from the growing crime of identity theft: advanced identity monitoring, fraud alerts, 24/7 lost wallet assistance, and commercial-grade anti-virus software, to name a few.

When you become a member of ID Commander, we become your partner in providing the highest level of protection and security to you and your family.

Source: Javelin Strategy & Resource Center

 
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