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The Facts

Identity theft is in the news, on the rise, and it’s here to stay…
> The number of identity fraud victims reached 15.4 million in 2016.
> In the past six years identity thieves have stolen over $107 billion.
> Identity theft complaints were the third most reported to the FTC and had increased by more than 47 percent from 2013 to 2015 but fell about 19 percent from 2015 to 2016.
> Convenient and widespread password behaviors are placing consumers at risk of identity fraud.
> Consumers reveal less PII on social media sites but neglect key ways to limit who sees their profiles.
> Victims’ information is misused by these top types of identity theft fraud: Employment or tax-related fraud, Tax Fraud, Credit Card Fraud and New Accounts.

Identity Fraud Report, 2016 Javelin Strategy & Research