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Surveys in the US from 2003 to 2006 showed a decrease in the total number of identity fraud victims and a decrease in the total value of identity fraud from US$47.6 billion in 2003 to $15.6 billion in 2006. [citation needed] The average fraud per person decreased from $4,789 in 2003 to $1,882 in 2006. A Microsoft report shows that this drop is ...
By 2016, the estimated cost of identity theft increased to $16 billion. [5] In 2012, identity theft affected approximately 16.6 million people, approximately 7% of the U.S. population aged 16 or older. [3] In 2014, identity theft affected approximately 17.6 million people, again approximately 7% of the U.S. adult population. [4]
Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantages, such as accessing a victim's credit card, bank accounts, or loan accounts.
I'm sure you've head of credit card fraud, where someone opens an account in your name or uses your credit card number without your permission. ... Identity theft encompasses any act in which your ...
800-290-4726 more ways to reach us. Sign in. Mail. ... by the FTC to get them removed by calling the fraud department. ... as lost or exposed and get the help you need to protect your identity.
Credit Card fraud is not the only kind of identity theft. Identity theft happens in many different ways. ... You can reduce your risk of being a victim of identity theft if you understand how ...