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The term identity theft was coined in 1964. [1] Since that time, the definition of identity theft has been legally defined throughout both the U.K. and the U.S. as the theft of personally identifiable information. Identity theft deliberately uses someone else's identity as a method to gain financial advantages or obtain credit and other benefits.
Identity theft can ruin more than your credit score, hitting you at the worst time and causing you to mistrust even your own family. Here are some truly scary examples. Real-Life Identity Theft ...
Identity theft is a major problem. According to the Federal Trade Commission (FTC), there were more than 650,000 victims of identity theft in 2019, making ID theft the most-reported type of FTC ...
Identity theft cost people and businesses more than $10 billion in 2022. And in the last ten years, the number of identity theft situations reported to the FTC has increased by 300%, ...
The Identity Theft Resource Center said there were 662 data breaches in the United States in 2010, almost a 33% increase from the previous year. [19] Between January, 2015 and September, 2017, the Identity Theft Resource Center estimates that there were 7,920 breaches affecting more than one billion records that could lead to identity theft. [18]
Identity theft is a serious threat, but with awareness and proactive steps, you can significantly reduce your risk. Remember, criminals are constantly evolving their tactics, which means we must ...
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