What are the statistics of identity theft?
5. FTC identity theft statistics show that there were 4.8 million identity theft and fraud reports in 2020. There was a 45% increase in 2020 from 3.3 million identity thefts in 2019. Mostly, it was due to the 113% identity theft complaints increase.
How many cases of identity theft are there in 2020?
1.4 million
The FTC also reports a 73% year-over-year increase in identity thefts from 2019 to 2020. There were nearly 1.4 million reported ID theft incidents in 2020, versus 650,000+ in 2019.
How many cases of identity theft occur each year?
Identity Theft By State, 2020 (1)
| State | Reports per 100,000 population (2) | Number of reports |
|---|---|---|
| Alaska | 127 | 926 |
| Arizona | 380 | 27,661 |
| Arkansas | 579 | 17,470 |
| California | 373 | 147,382 |
How often does identity theft occur?
Identity theft affects about 1 in 20 American each year. According to Javelin’s 2020 Identity Fraud Survey, 13 million consumers in the U.S. were affected by identity fraud in 2019 with total fraud losses of nearly $17 billion.
What are the five most common types of identity theft?
Here are the five most common types:
- Driver’s license ID Theft. The information on your stolen driver’s license provides your name, address, and date of birth, as well as a State driver’s identity number.
- Social Security ID Theft.
- Medical ID Theft.
- Character/Criminal ID Theft.
- Financial ID Theft.
What percentage of cyber criminals get caught?
Moreover, a large percentage of cybercrime victims do not report the cases, and the enforcement gap may, therefore, be lesser than 0.05%. Mark Lanterman, the CTO of Computer Forensic Services, made a similar observation by estimating that less than 1% of hackers get caught and convicted.
Who is most at risk for identity theft?
Most Affected Groups Consumers between the ages of 40 and 69 are reporting identity theft at higher rates, suggesting a growing awareness of this crime—and vulnerability.
How does identity theft affect the economy?
Identify theft affects a staggering 7 percent of the population annually, according to the U.S. Bureau of Justice Statistics 2012 victim survey data, and totals nearly $24.7 billion in financial losses to the entire economy.
What are the most common manifestations of identity theft?
Telltale signs of Social Security number theft —or identity theft in general —include:
- Errors on bank or credit card statements;
- Discrepancies on credit reports, including accounts the consumer didn’t open, loans the consumer never applied for or denial of a credit application;
What are the statistics on identity theft and fraud?
There were 4.8 million identity theft and fraud reports received by the FTC in 2020, up 45 percent from 3.3 million in 2019, mostly due to the 113 percent increase in identity theft complaints. In 2020, 1.4 million complaints were for identity theft, up from 651,000 in 2019.
Which is the best synonym for identity theft?
38 Identity Theft Synonyms | Identity Theft in Thesaurus. identity fraud. impersonation. n. identify theft. identity-theft. n. id theft. identity thieves.
How often do people get their identity stolen?
Data from the last few years shows that around 14.4 million people have their identity stolen each year ( 5 ). That’s nearly 40,000 cases each day. Before getting to our stats, let’s define what identity theft is and some important terms you should know. What Is Identity Theft?
Where is the highest rate of ID theft?
Michigan is the state with the highest per capita rate of reported identity theft complaints. Florida, California, Maryland and Nevada rounded out the top 5 states where ID theft complaints were made according to the FTC.