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CURRENT PROBLEM
THE
FACTS
IDENTITY
THEFT
SHIELD
RESOURCES
ID THEFT PROTECTION
IDENTITY THEFT SHIELD
Title 2
KROLL WORLDWIDE
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Title 5
RESOURCES
FTC
Title 2
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“One
of the most harmful abuses of personal information is identity theft.”
11.8
million AMERICANS
According
to one study, 11.8 million Americans are estimated to have been victims of
ID theft.
--
Star Systems, a Concord EFS, Inc. subsidiary, in conjunction with Powell
Tate, “ID Theft in the
United States
: An Update, ” at 6 (Dec. 2002).
175
hours
Some
victims spend as many as 175 hours actively trying to resolve their
identity theft related problems. Some spend more.
--GAO-02-363,
“Identity Theft Prevalence and Cost, ” at 9 (March 2002).
$9,800.00
The
average amount of a victim’s loss attributed to the crime of identity
theft is $9,800, more than the amount attributed to bank robbery.
--Aberdeen
Group, “Identity Theft: A $2 Trillion Criminal Industry in 2005,” (May
2003).
More
than $3 billion
One
study estimates that the cost of identity theft to financial institutions
will grow to $3.6 billion by 2006.
--
Celent Communications
,
ID
Theft: Protecting the Customer – Protecting the Institution, 2002.
90%
OF Homeowners
90%
of homeowners are concerned that they will be a target of identity theft
(defined as a crime in which an imposter obtains key pieces of personal
information to impersonate someone else).
--Harris
Interactive, “Fireman’s Fund Homeowners Insurance Awareness Survey,”
(January 2003).
12%
of Homeowners
12%
of homeowners have been a victim of identity theft, while 22%
of homeowners know of a family member, friend, or acquaintance who has
been a victim of identity theft.
Harris
Interactive, “Fireman’s Fund Homeowners Insurance Awareness Survey,”
(January 2003).
47%
48
% of credit card fraud is related to lost or stolen credit cards,
while 47% of credit card fraud includes mail intercept fraud,
skimming, counterfeit cards, and identity theft.
--
Celent Communications, Taking a Bite out of Credit Card Fraud, 2003.
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