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The latest news on Identity Theft and Identity Fraud
The latest news on Identity (ID) Theft and Identity (ID) Fraud
 



ID Theft Statistics — Are You at Risk?

Identity (ID) theft is something that we hope never happens to us. However, the saw truth is that anyone, anywhere, can be a victim of Identity (ID) theft - celebrities, politicians, chairman of a huge corporation and of course Mr. & Mrs. Smith that live across the street - do you want to be added to that list? The sad truth is that most people do not feel that Identity (ID) Theft will happen to them - it is something that happens to other people but not themselves. This line of thinking is what makes Identity (ID) Theft so dangerous! The people who are most at risk are the ones who don't feel they ARE at risk!

Some Identity (ID) Theft Facts, Data and Statistics for you to think about:

According to two studies done in July 2003, one by Gartner Research and the other by Harris Interactive, approximately 7-10 million people had their identities stolen in the prior 12 months. That works out to 19,178 victims per day, 799 per hour, 13.3 per minute.*

Victims now spend an average of 600 hours recovering from ID theft, often over a period of years, according to the Identity Theft Resource Center (IRTC). Three years ago, the average recovery time spent was 175 hours.*

Based on 600 hours multiplied by the indicated victim's wages, this equals nearly $16,000 in lost potential or realized income.*

Victims spend an average of $1,400 in out-of-pocket expenses, an increase of 85% from previous studies.*

Law enforcement figures indicate that the average arrest rate for ID theft crimes is under 5% of all reported cases by victims.*


*Identity Theft Resource Center; http://www.idtheftcenter.org/facts.shtml 
 

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ID Theft Statistics — Are You at Risk?

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