Identity theft
10 Identity Theft Facts

10 Facts About Identity Theft

  1. One Identity Theft Happens Every Two Seconds

It doesn’t take much for criminals to reach the data they need through social media, phishing, or malvertising.

  1. $36,500 is Being Stolen Every Minute

A bit over a minute is enough for a thief to set up an account and get to the shopping spree using your money and your identity.

  1. 7% of US Population Was an Identity Theft Victim

It might sound meaningless, but it sums up a bit over 22 million people! And these are just cases reported. The real number might be at least twice this big.

  1. Half of the Cases Include Theft of Government Documents

The easiest way of obtaining a financial benefit is through social security number. That’s why this part of your personal data is the most affected. Credit card numbers and heath IDs, take second and third place.

  1. Around 45% of Victims Find Out About the Theft After 3 Months

Not many people pay close attention to their tax or bank records. Since thefts can be almost invisible, victims can’t notice they have been robbed until they try to use some of the services.

  1. It Takes At Least Five Weeks to Regain Your Identity

After the ID theft, it takes tons of paperwork and fees to retrieve your personal information. It’s troubling, both financially and mentally.

  1. Over 70% of People Can’t Clean Their Records After an Identity Theft

Even when the drama is over the majority of people can’t get credit loans, have issues with credit card services, and similar.

  1. Health Industry is the Most Affected

Health services have the most data about an individual. Stolen health records contain more than enough information one criminal needs to complete the theft. That’s why they’re always under attack.

  1. Children Are in Danger Even Before They Turn 18

Since kids are not using or don’t have social security number and ID, criminals can use their personal information for years until they apply for the first credit/debit card.

  1. Less Than One Percent of Fraudsters Are Caught

Since the methods cyber criminals use doesn’t involve physical contact, it’s not easy to apprehend them. Only 1, out of 700 criminals gets caught.

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