Identity Crisis

IDENTITY CRISIS THE NUMBERS BEHIND ID THEFT 1. 11.1 MILLION American adults were victims of identity theft in 2009. 4.8% of the population of the USA! That's Total fraud amount: 54 BILLION %24 2. INTERNATIONAL STATISTICS (2006) Canada: | 8,000 victims UK: | 68,000 victims USA: 8.4 million victims 3. TIME UNTIL DISCOVERY 38-48% of victims find out about the identity theft within 3 months of it starting. - - 9-18% of victims take 4 years or longer to discover that they are victims of identity theft. 18-24 year olds are the age group most likely to miss signs of ID theft. 4. WHAT IS DONE WITH THE STOLEN IDENTITY? CRODK Over 33% of victims reported check account fraud. 66% had a new credit account opened in their name. 29% had identity used to purchase cell phone service. 12% of victims have warrants issued in their name for financial crimes WANTED: YOU! committed by the identity thief. 5. BEST WAYS TO COMBAT Protect your personal information. Keep your cards, documents, and passwords safe. Monitor your financial accounts and bills. Check your credit report frequently. 6. WHAT'S THE COST? $4,841 Average fraud amount per victim: Average time spent resolving fraud: 21 HOURS The (AND $1,820 TO $14,340 IN LOST WAGES) Aberdeen Victims spend an average Group has estimated of $851 TO $1,378 $221 in expenses related to their case. BILLION a year is lost by businesses of the losses to businesses 40% are from individual cases worldwide. that exceed $15k in theft. 7. THE CRIMINALS The odds of going to jail for identity theft are 1-in-1,000. The most common reported perpetrator in cases where a child's identity is stolen is the child's parent. 13% of identity fraud crimes were committed by someone the victim knew. 43% of victims believe they know the person who stole their identity. 14-25% of victims believe the thief is someone who is in a business that holds their personally identifying information. 16% of identity theft victims are also victims of domestic harassment/abuse by the same suspect. Only 50% of victims filed a police report. 8. THE VICTIMS 38% OF AMERICAN VICTIMS NEVER TELL ANYONE. 47% of victims have trouble getting credit or a loan as a result of identity theft. 70% of victims have trouble getting rid of (or never get rid of) negative information in their records. 45% of victims feel defiled by the identity thief. 60% of victims feel unprotected by the police. 9. THE BIGGEST CASES OF IDENTITY THEFT ALBERT GONZALEZ (2008) 30 million credit & bank card numbers stolen, Several corporate databases hacked. Over $200 million in losses. PHILIP CUMMINGS (2002) 15,000 consumers had their information stolen from him. $2.7 million in losses. Credit Reporting Agency hacked. 10. HOW ITS DONE 43% from stolen wallets and paperwork. 11% of information is stolen online. 38% debit or credit card numbers stolen. 37% Social Security number stolen. SOURCES: http://www.spendonlife.com/guide/identity-theft-statistics http://www.spamlaws.com/id-theft-statistics.html http://www.phonebusters.com/english/recognizeit identitythe.html http://www.spendonlife.com/blog/20O10-identity-theft-statistics https://www.javelinstrategy.com/news/831/92/Javelin-Study- Finds-Identity-Fraud-Reached-New-High-in-2009-but-Consumers-are-Fighting-Back/d.pressRoomDetail http://www.esecurityplanet.com/trends/article.php/1548071/ldentity-Theft-Case-Called-Largest-Ever.htm http://idtheft.about.com/od/leagalconcerns/a/IDT Immigrants.htm http://www.foxnews.com/story/o,2933,540060,00.html DESIGN: @jayjaypowpow INFORMATION PROVIDED BY: CreditRepair.org