Identity theft is a significant crime that we all ought to concentrate on. In this article we look at several statistics representing this criminal offense in an effort to provide you with a greater notion of this crime And the way vital it's to safeguard by yourself against it.
Identification theft was 1st mentioned in literature in the nineteen nineties, studies confirmed that between 2001 and 2002 there was an 11-20% rise in this criminal offense, when concerning 2002 and 2003 this figure had increased to eighty%.
The Javelin/Far better Company Bureau study from January 2006 showed that there was a reduce in identity theft in between 2003 and 2006 while. In 2003 the adult victims of id theft residing in America was ten.one million in 2003, nine.three million in 2005 and eight.nine million in 2006.
Identification theft statistics from the Javelin report nevertheless do exhibit a rise in the fraud amount of money. In 2003 the 1 year fraud volume was $fifty three.two billion, $54.four billion in 2005 and $fifty six.6 billion in 2006.
Identity theft figures present that in Waco, Texas, on your own there was a seven hundred% boost in id theft instances concerning 2004 and 2005.
The Bureau of Justice Studies estimated that in the 6 month time period in 2004, a complete of 3.6 million homes were being influenced by identity theft.
Identification theft can even have serious consequences for companies. Identification theft data present that it might Price tag a company up to $90,000 or even more when just one laptop is stolen. These charges include things like fines, credit score checking, community relations destruction Regulate and class action litigation.
forty five% of all identification theft cases are attributable to stolen laptops. The 2nd most frequent problem was facts leaks from records shed by 3rd part company companions or outsourcing organizations. This 2nd part helps make up about 29% of all of the situations.
The Id Theft Useful resource Centre claims that, Studies on the entire expense of identification theft change. One particular examine said that id theft Value U.S. Companies and customers $fifty six.six billion in 2005.
A study performed via the Identity Theft Resource centre inside the spring of 2006 confirmed some frightening success with regards to phishing. From 309 people today surveyed, one hundred sixty five people today mentioned they did not determine what phishing was, even though only 77 folks answered appropriately.
The Javelin report from 2005 nevertheless indicated that offline/classic methods of identification theft were being even now much more common than on-line procedures. The identity theft statistics they gave were being sixty eight.two% offline and eleven.six on the internet.
In summary, Though the volume of adult victims of identification theft has diminished considering that 2003, the quantities associated have elevated, and id theft remains a very serious criminal offense. Most criminals involved in identification theft are still making use of offline strategies but we must also be careful of online methods which include phishing. The statistics themselves may well fluctuate based on diverse stories but the fact remains precisely the same, these id theft stats really are a reason to tell you about identification theft and acquire GOM better safety measures to protect on your own.