b2netsolutions
07-07-09, 07:30 AM
Anyone here a victim of identity theft?
Their 2009 study reveals that:
*Identity theft is on the rise, affecting almost 10 million victims in 2008 (a 22% increase from 2007)
*Victims are spending less money out of pocket to correct the damage from ID theft. The mean cost per victim is $500, and most victims pay nothing due to zero-liability fraud protection programs offered by their financial institutions.
*71% of fraud happens within a week of stealing a victim’s personal data.
*Low-tech methods for stealing personal information are still the most popular for identity thieves. Stolen wallets and physical documents accounted for 43% of all identity theft, while online methods accounted for only 11%.
Source: spendonlife.com
Their 2009 study reveals that:
*Identity theft is on the rise, affecting almost 10 million victims in 2008 (a 22% increase from 2007)
*Victims are spending less money out of pocket to correct the damage from ID theft. The mean cost per victim is $500, and most victims pay nothing due to zero-liability fraud protection programs offered by their financial institutions.
*71% of fraud happens within a week of stealing a victim’s personal data.
*Low-tech methods for stealing personal information are still the most popular for identity thieves. Stolen wallets and physical documents accounted for 43% of all identity theft, while online methods accounted for only 11%.
Source: spendonlife.com